A Historical Analysis Of National Economic Empowerment And Development Strategy (NEEDS) And Her Contribution To Poverty Alleviation In Nigeria
Chapter One
Preface
public profitable commission Development strategy( requirements) is described as a Nigeria’s plan for substance, popularly nominated a “ Home grown programme ” by the formal chairman of Nigeria Chief Aremu Olusegun Obasanjo, it’s a four times medium term plan for the period of 2003 to2007.1 requirements is a Civil Government plan, which also expects the state and original governments to have their counterpart plani.e State profitable commission and Development Strategy( SEEDS) and the Original Government commission & Development Strategy( LEED) independently. Since according Nwachuku development planning must be controlled and directed toward the desire pretensions.2 It’s imperative for the civil government to include not all situations of government towards moving the same direction but sick all and sundry videlicet the private sector, thenon-governmental associations( NGOs) and the general public in collaborative conditioning in pursuit of experimental pretensions,.
still, like the former development planning especially from the first attempt in 1946 and in the opinion of scholars like Rodney Obikeze and Obi, 3 requirements as a plan contains all the imaged programs and programme of the civil government. It isn’t only amacro-economic plan document, but also a comprehensive vision, pretensions and principles of a “ New Nigeria ” throughre-enacting core Nigeria value like respect for the elders, honesty, responsibility, pot, assiduity, discipline, tone confidence and moral courage. As established requirements document, “ NEED ” significantly want to annihilate poverty and promote tone- reliance, entrepreneurship invention, and rewards hard work. As correctly observed by the National Planning Commission and Central Bank of Nigeria 4
therefore, development plans isn’t understood in terms of profitable development alone and so to scholars like Todaro and Rodney 5 it’s multi dimensional.
Objects Of The Study
assessing the present Government policy via its achievement of ‘ requirements ’ core ideal feel to portrayal the government no different from the. former bones in ways and manner of pursuing and realizing the ideals of her development plan. still, this exploration work is designed to understand the imperative path to be followed by the civil government at achieving asked pretensions, and declaim the way it does effects.
Osagie, still laments on this approach to profitable analysis when he writes that-
“ Ideological confusion and mystification encouraged by naïve testaments have successfully diverted attention from real issues to supplemental and esoteric click- ridden polemics along hardly focused pontifical lines. This station to analysis of profitable marvels in Nigeria tends to produce simplistic results to problem which give the print that either economist are unrealistic in their analysis. ” 6
therefore, the ideal of this exploration work is to awaken the government of its sins, because it’s apparent that the government has not achieved much of the professed objects of requirements which are employment generation, poverty reduction, wealth creation and value reorientation, in any significant measure in the medium term, if any thing, the impact has not been apparent on the general well being of Nigerian.
The Significance Of The Study
This exploration work envisages to go helpful background information to other experimenters that would ask to reference further in this sphere of study. still, this exploration is an incitement that provides an sapience to academic and moral achievement of the anthology to join the government in the nation erecting task, according to “ jhingan ” “ one can not anticipate frugality and effectiveness in administration unless the people trains high ethical and moral values.7
The significance also serves as an stimulant to the government to put further trouble in promoting private enterprise, structure, husbandry, assiduity and other sectors for the purpose of Nigerian security, transnational relation and profitable development, since it’s a prospect that you can not insulate frugality like Nigeria and be successful, therefore Edegbe 8 in the Nation Newspaper asserted that Nigeria is a request that can not be ignored with her size, population and culture. thus, further trouble is demanded by the government.
The Compass And Limitation Of The Study
This exploration will attack the failings of requirements from fully realizing its core pretensions and the sweats on Nigerians, since the weal of the population is the ultimate substantiation of development. This explains why Rodney sees development as a numerous sided process but defines it in relation to the existent. As he states, “ at the position of individual it implies increased chops and capacity, lesser freedom, creativity, responsibility and material well being.9
For the purpose of this exploration, it’ll cut- across those vital aspects of requirements programs, programs and implantation and make it profoundly ameliorate on its crucial objects of poverty eradication, wealth creation, employment generation and valuere-orientation.
The star problems faced by the experimenter include the following, recognition of the branches, broadness of this field as well as deficit of necessary accoutrements , time constraint and fiscal dilemma. therefore, it’s also part of the task of requirements to give a standard educational system to resolve the forenamed limitations.
Exploration Methodology
Due to the nature of this exploration, data would be collected through secondary sources with descriptive system. The mono- source nature of this exploration is as a result of some visible constraints that may form part of the factors in sourcing for primary data similar as availabilityi.e NEEDs as a recent literal frame work has not being subject to archival installation, oral interview & questionnaire, but it embraces the scrutiny of all the available published journals, diurnals, journals, magazines, and textbook books etc which are applicable records on requirements.
Literature Review
In reviewing the applicable literature, books, write ups and papers would be examined.
One of similar work is “ NEEDs Challenges and Leeway ” by Oche, 10 he asserts that as an docket for reform and a blue print for profitable growth the requirements policy look towards eventually reducing poverty and severance, and establishing gradational but steady progress towards the generation of wealth on a country wide base. He further state that it has some of its interceders pretensions, the redefinition of the government’s part in the public frugality the creation of an enabling terrain for the private sector perfecting the delivery of introductory social services investing the country’s topmost asset, its people, and eventually laying a strong foundation for the unborn development of Nigeria mortal capital. The teleology requirements revolves around changing the prevailing value system in the society towards one of entrepreneurship, effectiveness and selfless service.
Another work is “ Nigeria’s Currant Economic Reforms ” by Egbon 11 in relation to this exploration he states that, the timing of reform can surely by told decisively by political leadership. Effective communication can restate the vague sense that commodity is wrong in to a broad perception for the need of change. still, being substantiation shows that reform governments don’t stand a veritably good chance of beingre-elected, given that the benefits of reform just don’t come through snappily enough to fit in to the electorate cycle.
also, deep reforms are generally not recovered. He cites for illustration, in Chile, the democratically tagged Social Democratic Government that follows the Pinochet authoritarianism decided to save much of the Chicago reforms that had being assessed by the former non popular governance. There also live attestations that when government researches the point in a reform process where the prospects forre-election come dim, one further or lower lose by continuing with the reform(e.g Gerhard Scroedar) Hamburg debate), 12 France, where electoral set back seems to have driven the reform docket more deeply underground. There’s thus a definite part for self-murder in politics.
The Central Bank of Nigeria CBN 13 Annual report and statement of accounts states as follows the policy thrust of requirements concentrated on commission, Wealth Creation, employment generation, and poverty reduction as well as valuere-orientation, under NEEDs a substantial progress was made in the perpetration of structural reform, including a comprehensive banking sector connection programme, growing thenon-oil sector, liberalization of Nigeria’s import tariffs governance sale, preface of a Whole trade Dutch Auction System( WDAS) for foreign exchange, fight against corruption, and in structuring and privatizing state possessed enterprises, in order to ameliorate the terrain for private – sector led growth and increase investor’s confidence.
The profitable and development planning by Jhingan listed, among his twelve point that are applicable to a successful development planning, originally, he asserts that it’s vital to have a planning commission with acceptable organizational structure and good expert in colorful applicable field like economists, statisticians, masterminds etc, dealing with colorful aspects of the frugality. piecemeal from this is the vacuity of statistical data which also curtails setting up of a central statistical association with a network of statistical office for collecting statistical data and information.14
Another point he asserts is having an education base that guarantees high ethical and moral norms, 15 also icing frugality in administration “ particularly in the expansion of ministries and state development all this forenamed aimed at experimental purpose of a state.
No doubt, this exploration essay, believes that requirements despite its unaccomplishment and failure has contributed vastly to the Nigeria development planning.
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