Opinion
Vision 20: 2020: Between Faith And Work
When the Vision 20: 2020 project was inaugurated with so much enthusiasm at the inception of this administration, many Nigerians thought that by now the various sectors of the economy would have gathered remarkable steam to propel the country towards joining the enviable club of mega economies. But until recently when President Goodluck Jonathan unveiled the first medium term implementation plan of the project, the vision had become as dead as faith without works.
Even the formal lunching of the project document last week, several years after its conception, has cast some doubt on the commitment of government to realize the tall dream.
The Minister of National Planning and Vice Chairman, National Planning Commission, Dr. Shamsudden Usman whose responsibility it is to facilitate the implementation of the plan explains that the project would be driven by Public Private Partnership (PPP). According to him, the vision which is designed to be implemented through three medium term development plans covering 2010 – 2013, 2013-2016, and 2017-2010 periods will gulp about N32 trillion. And to raise this amount, it is projected that the federal government, the states and local governments, and the private sector would provide N10 trillion, N9 trillion, and N13 trillion respectively.
Yes, our dream to join the group of top 20 economies at 2020 can help the nation assembly its destiny from an array of possibilities to form a desirable and great future for its people. But for a dream to be most effective, it should be vivid in consciousness, definite, steady, and sustainable.
Therefore, in practical terms, what does it mean for Nigeria to become one of the 20 largest economies by the year 2020? It means that by 2020, we expect Nigeria to be like at least Turkey, Sweden, Belguim, Switzerland, and Russia. And we hope that, perhaps, the Nigerian economy will come close to those of Canada, Spain, France, and united Kingdom. Better still, it means that by 2020, the good life that attracts Nigerians to Germany, Japan, and the United States of America can also be found in the country.
This is to say that by 2020, the income of Nigerians will rise to levels where basic food, shelter, and clothing will no longer be the main consumption objectives of the labour force. Rather, automobiles, TV Sets, refrigerators, and so on will become the items that will catch the interest of consumers. It means that by 2020, the country’s production function shall have been developed to the stage where it produces not necessarily everything but anything that it chooses to produce. It means that by 2020 Nigeria shall be seen as being aggressive in the world politics.
As indicated in Tony Manuaka’s report on Why Vision 2020 Is A Mirage; published in the Broad Street Journal Edition of May 12, 2008: “To be in the top 20 bracket, the size of the economy is expectd to be in the region of $800 billion and $900 billion. The average growth rate of the Gross Domestic Product (GDP) is expected to be between 13 per cent and 15 per cent. In the education sector, the country is expected to have achieved 100 per cent in primary school enrolment… In the health sector, life expectancy in the country is expected to increase from 47 years to 70 years with remarkable improvement in infant and maternal mortality.”
In all, by 2020 Nigeria shall have established a welfare state and adopted a high mass consumption pattern.
The task is challenging, if not frightening considering the country’s present low level of economic growth and development. Strictly speaking, the country’s structure of production is still rudimentary. In the country, the vast majority of the people lives and works in the rural areas. They grow their products using primitive technique, plough, animals, and human power, and transport them (the products) to the market and even sell them by themselves. They and their families also build their own homes and make many of their household utensils. Their counterparts in the mega economies, on the other hand, have become highly specialized. Thy hire others to transport their commodities.
In Nigeria, government is peripheral to the well-being of a host of people who provide such basic things as electricity, water, and security and even roads themselves, which are a given in the large economies.
The reality of this scenario is that the Nigerian economy is encumbered with the critical features of underdevelopment. Worse still, the country is not among the fastest growing economies of the world such as South Korea, Chile, Ireland, and China.
But with its abundant human and natural resources, Nigeria, paradoxically, has the most enviable economic profile on the African continent.
Now the question is: Can Nigeria, against this back-drop realise its dream of becoming a top 20 economy at 2020? just 10 years away. The answer is no. Not because, as a nation, we do not have the equisite resources to manifest the dream but because of the leadership question which has become as stubborn as a mule and our apparent inertia to yield to the laws of motion of societies.
President Jonathan presents a sincere disposition to move the nation forward. But there is no indication that the whole weight of the country will not continue to rest on the enclave oil and gas sector which accounts for over 90 per cent of the nation’s foreign exchange earnings.
Besides, the primacy of politics still prevails in the public policy and decision making process of the various governments of the federation. The primacy of politics exists in the process of policy decision making when political considerations outweigh rational and technical questions of selecting alternatives which have the greatest probability of affecting the most efficient and effective allocation of scarce resources.
Let us face the fact. How can a country with inexhaustible pool of self-serving individuals; a country that wastes its resources like Nigeria hope to spin itself to the elite group of 20 largest economics in the world within 10 years. China, India, South Korea, and Brazil are soaring higher and higher because of their openness to change and resolve to base policy decision-making on rational-technical considerations.
Yes, big dreams come true but for one to realize them, one has to be prepared for big changes; one has to pay the price. Apparently, the realisation of our dream of becoming a top 20 economy may be kept far away because of our resistance to social, economic, and attitudinal changes.
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Empowering Youth Through Agriculture
Quote:”While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries”.
The Governor of Rivers State, Sir Siminalayi Fubara, recently urged youths in the Rivers State to take advantage of the vast opportunities available to become employers of labour and contribute meaningfully to the growth and development of the State. Governor Fubara noted that global trends increasingly favour entrepreneurship and innovation, and said that youths in Rivers State must not be left behind in harnessing these opportunities. The Governor, represented by the Secretary to the State Government, Dr Benibo Anabraba, made this known while declaring open the 2026 Job Fair organised by the Rivers State Government in partnership with the Nigeria Employers’ Consultative Association (NECA) in Port Harcourt. The Governor acknowledged the responsibility of government to create jobs for its teeming youth population but noted that it is unrealistic to absorb all job seekers into the civil service.
“As a government, we recognise our duty to provide employment opportunities for our teeming youths. However, we also understand that not all youths can be accommodated within the civil service. This underscores the need to encourage entrepreneurship across diverse sectors and to partner with other stakeholders, including the youths themselves, so they can transition from being job seekers to employers of labour,” he said. It is necessary to State that Governor Fubara has not only stated the obvious but was committed to drive youth entrepreneurship towards their self-reliance and the economic development of the State It is not news that developed economies of the world are skilled driven economies. The private sector also remains the highest employer of labour in private sector driven or capitalist economy though it is also the responsibility of government to create job opportunities for the teeming unemployed youth population in Nigeria which has the highest youth unemployed population in the subSahara Africa.
The lack of job opportunities, caused partly by the Federal Government’s apathy to job creation, the lack of adequate supervision of job opportunities economic programmes, lack of employable skills by many youths in the country have conspired to heighten the attendant challenges of unemployment. The challenges which include, “Japa” syndrome (travelling abroad for greener pastures), that characterises the labour market and poses threat to the nation’s critical sector, especially the health and medical sector; astronomical increase in the crime rate and a loss of interest in education. While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries.
While commending the Rivers State Government led by the People First Governor, Sir Siminilayi Fubara for initiating “various training and capacity-building programmes in areas such as ICT and artificial intelligence, oil and gas, maritime, and the blue economy, among others”, it is note-worthy that the labour market is dynamic and shaped by industry-specific demands, technological advancements, management practices and other emerging factors. So another sector the Federal, State and Local Governments should encourage youths to explore and harness the abounding potentials, in my considered view, is Agriculture. Agriculture remains a veritable solution to hunger, inflation, and food Insecurity that ravages the country. No doubt, the Nigeria’s arable landmass is grossly under-utilised and under-exploited.
In recent times, Nigerians have voiced their concerns about the persistent challenges of hunger, inflation, and the general increase in prices of goods and commodities. These issues not only affect the livelihoods of individuals and families but also pose significant threats to food security and economic stability in the country. The United Nations estimated that more than 25 million people in Nigeria could face food insecurity this year—a 47% increase from the 17 million people already at risk of going hungry, mainly due to ongoing insecurity, protracted conflicts, and rising food prices. An estimated two million children under five are likely to be pushed into acute malnutrition. (Reliefweb ,2023). In response, Nigeria declared a state of emergency on food insecurity, recognizing the urgent need to tackle food shortages, stabilize rising prices, and protect farmers facing violence from armed groups. However, without addressing the insecurity challenges, farmers will continue to struggle to feed their families and boost food production.
In addition, parts of northwest and northeast Nigeria have experienced changes in rainfall patterns making less water available for crop production. These climate change events have resulted in droughts and land degradations; presenting challenges for local communities and leading to significant impact on food security. In light of these daunting challenges, it is imperative to address the intricate interplay between insecurity and agricultural productivity. Nigeria can work toward ensuring food security, reducing poverty, and fostering sustainable economic growth in its vital agricultural sector. In this article, I suggest solutions that could enhance agricultural production and ensure that every state scales its agricultural production to a level where it can cater to 60% of the population.
This is feasible and achievable if government at all levels are intentional driving the development of the agricultural sector which was the major economic mainstay of the Country before the crude oil was struck in commercial quantity and consequently became the nation’s monolithic revenue source. Government should revive the moribund Graduate Farmers Scheme and the Rivers State School-to-Land agricultural programmes to operate concurrently with other skills acquisition and development programmes. There should be a consideration for investment in mechanized farming and arable land allocation. State and local governments should play a pivotal role in promoting mechanized farming and providing arable land for farming in communities. Additionally, allocating arable land enables small holder farmers to expand their operations and contribute to food security at the grassroots level.
Nigeria can unlock the potential of its agricultural sector to address the pressing needs of its population and achieve sustainable development. Policymakers and stakeholders must heed Akande’s recommendations and take decisive action to ensure a food-secure future for all Nigerians.
By: Igbiki Benibo
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