Nigeria's Quest for Economic Development within the Framework of the Vision 20:2020: An Appraisal and a Critique

Abstract

 The age long dream of attaining economic development in Nigeria anchored on a recent framework known as the Vision 20: 2020 is the thrust of this paper. The Vision 2020 is a developmental plan launched in 2009 by the Nigerian Government aimed at making the country one of the 20 most industrialised and leading economies in the world by the year 2020. The paper provided a critical analysis of the Vision 2020 as an economic template for a new Nigeria. Given the analysis on the vision 2020 framework, and government insufficient action and approach in achieving the goals of the Vision, we recommend thus: committed leadership, strategic planning, home grown economic policies and reforms, better implementation approach, and people-centred development among other useful ideas to help achieve the nation's economic development ambitions.