Nigeria is a lesser developed country, whose politics have been shaped by chronic military dictatorships, dependence on oil, ethnic and social cleavages, and a population too large to feed. A recent effort initiated by the government in realizing national developmental goal in nigeria is the vision20. By 2020, the average nigerian could expect to have 48% more income than. The asian tigers who are competing favourably with western countries ensured that their energy source was realiable and regular before they got to where they are today. Blindness and low vision vision 2020 the right to sight in nigeria. Abdulhamid 2008 traced the history of the dream to a research conducted by economists at an american investment bank, a fallout of which was a prediction that nigeria would be in the league of 20 top economies by year 2025. Its vision, that nigeria becomes one of the twenty largest economies in the world by 2020, is uninspiring. To achieve this objective, nigeria would have to compete with nations like the united states, japan, germany, china, and the united kingdom, which have traditionally maintained the top five ranking of the international. By 2020 nigeria will be one of the 20 largest economies in the world, able to consolidate its leadership role in africa and establish itself as a significant player in.
In 2004, he dreamt that nigeria will emerge one of the 20 largest economies of the world in 2025. Ein 752819939 view our financial transparency page for more information, contact. Exempting transactions in approved rtgs systems from a possible zero hour ruling ensuring that approved multilateral netting arrangements cannot be set aside amending the central bank of nigeria act 1999 or other. The first volume volume i contains three main parts. Nigerias quest to join the league of 20 industrialised nations by the year 2020 got a boost on friday, september 25, 2009 as the federal government unveiled a blueprint to attain this objective. Thus, the only way and viable option forward is to secure our energy base. Newly elected nigerian president muhammadu buhari faces many challenges. The news agency of nigeria reports that the vision is aimed at making nigeria to become one of the 20 economies in the world by year 2020. He had to watch an old film by al gore twice before he understood what it.
There will be increased membership drive for osn and strengthening of zonal and state branches. The banks rbcsp for nigeria is in tandem with our development initiatives as encapsulated in needs, the vision 2020, and the 7point agenda of president yar adua. We argued then that nigeria vision 20 2020 agenda is an attempt by the nigerian ruling class to hoodwink and deceive the people into believing that the state is. Culture and tourism, and the film and entertainment industry. The programme, which began in 2004, has so far established 21 links between training institutions in africa and the uk. In addition, the youth as the dominant labour force whose productivity impacts on the economic growth process, how educated and healthier the youth are, greatly reflects on that contributions in the economic growth of the nation udoma, 2004 and by extension, the realization of vision 2020.
We argued then that nigeria vision 202020 agenda is an attempt by the nigerian ruling class to hoodwink and deceive the people into believing that the state is. Sep 30, 2015 home columns tip of a new dawn nigeria in the year 2030. This paper argues that infrastructural development is. To overcome the challenges highlighted above, the nigeria vision 20. Governance and political system presidency introduction the proposed total investment for general administrat presidency is n283. Beginning date 2010 title variation first national implementation plan for nv20. Chile, argentina, bangladesh, colombia, the philippines, malaysia, nigeria. The nigeria vision 2020 is a bottomup strategic plan in which each major stakeholder group will prepare its v2020 thoughts and ideas based on the guidelines approved by the national council. Nigerias vision is to be one of the worlds top 20 economies by. The vision 2020 links programme works to improve quality and quantity of eye care training, mainly in africa. Nigeria vision 2020 that was developed by the administration of former president olusegun obasanjo was one such effort, but amid many other challenges, it has fallen by the wayside.
The first national implementation plan 1st nip, for nigeria vision 20. Beyond climate change mitigation, ict has a prominent role to play in realizing nigerias vision 2020 mandate of building a large, diversified, sustainable and competitive economy that harnesses the energies and talents of its people and guarantee high standard of living and quality of life for its citizens. The federal government said at the weekend that arrangements have been concluded to ensure that the harmonised vision 2020 document was ready in august this year, as against the earlier announced. Our study hence concentrates on the two objectives. Report of the vision 2020 national technical working. Aug 26, 2015 nigeria vision 2020 that was developed by the administration of former president olusegun obasanjo was one such effort, but amid many other challenges, it has fallen by the wayside. Creative industries, especially music and film, also have great. Financial system strategy 2020 central bank of nigeria. The optimism about nigeria s potentials to become among the top 20 global economies by the year 2020 was confirmed by the economists at goldman sachs, a leading united states us investment bank peters, 2009. Pdf nigeria vision 2020 economic transformation plan. The optimism about nigerias potentials to become among the top 20 global economies by the year 2020 was confirmed by the economists at goldman sachs, a leading united states us investment bank peters, 2009. These committees are expected to provide information that will feed into the nv2020 plan. Work in progress as at 261009 not for circulation introduction the nv 20.
Vision africa is an exempt organization as described in section 501c3 of the internal revenue code. Is that the year that abacha vision 2020 terminates of begins. World vision has the privilege to partner with communities across africa. Providing information and seeking suggestions on nv 20. One of the main objectives of vision 2020 is to place nigeria in the top 20 leading economies of the world by the year 2020. Groups operation in nigeria based on a resultsbased country strategy paper rbcsp, for the years 20052009. Robert kiyosaki 2019 the speech that broke the internet keep them poor. Then president umaru yaradua was interested in a document that could be the development roadmap for nigeria. Despite the security challenges across the country, nigeria is meeting its target of being among the 20 largest economies in the world by the year 2020, also called vision 20.
Vision 2020 is expected to place nigeria in the comity of one of the developed 20 economies in the world by the year 2020. He has the herculean task of reversing fifty years of decay that exists at the heart of nigerias current development and security architecture. Aug 10, 2012 moreso, nigeria can never realise her vision 20. It is a long term plan meant to stimulate nigerias economic growth and launch the country into a path of sustained and rapid socialeconomic development. The vision envisaged that nigeria would attain a sustainable socioeconomic development by the year 2020. Vision 2020 economic community of west african states. The vision 2020 if well implemented will assist the country in achieving the millennium development goals mdgs targets. Pdf the paper discussed the status of the economy of nigeria currently. Going beyond vision 2020 in nigeria how africa news.
The paper examines the effects of the global meltdown on nigeria and its implications in realizing vision 20. Is abachas ghost still hounding nigeria to see to the end of the country, come the year 2020. World vision is a child focused community based christian organisation, working in over 100 countries to create an environment in which children and their families can thrive without poverty. Purely documentary data or evidence from existing studies and works of. During the vision period, nigeria should attain a controlled and manageable urban growth, and an improved urban economy to support poverty alleviation and creat employment. Report of the vision 2020 national technical working group on. The nations foreign policy should be designed both in context and operational milieu to promote the objectives of vision 20. Nigeria should be the focus and centrepiece of nigerias foreign policy. Evidence from national accounts 163 one of the vision objectives is to make the nigerian economy less oildependent and strengthen domestic industry. It was developed by nigerians for the nigerian people and involved a process of thorough engagement with all.
Indeed, some forecasts say that nigeria will overtake south africa as africas largest economy by 2025. Iieife, and thin film growth at the ncerd, nsukka, most of the studies on solarpv in the. The key goals for vision2020 is encapsulated in the vision statement that by 2020 nigeria will be one of the 20 largest economies in the world able to consolidate its leadership role in africa. The ecowas vision 2020 is aimed at setting a clear direction and goal to significantly raise the standard of living of the people through conscious and inclusive programmes that will guarantee a bright future for west africa and shape the destiny of the region for many years to come. Fss 2020 clarify legal framework amending the central bank of nigeria act 1999 or other laws to clarify the finality of settlement. The part 1 of the document presents the strategic framework for the plan, which is premised on nigerias vision of becoming the. Nigeria should borrow a leaf from the new civilisation of southeast asia, where purposeful leadership had inspired their people to change. They indicate among others the current situation, challenges to be addressed, the objectives to be achieved, as well as, the strategies that will be employed to achieve the desired results. The ophthalmological society of nigerias strategic plan to preserve and restore vision vision for the futurenigeria is a multiyear, flexible and interactive programme. The purpose of this paper is to describe the essential features of an entrepreneurial development culture in nigeria, asit relates to vision 20. The breakdown is reflected at the end of this chapter.