scholarly journals Nigeria’s development process, methodology and milestones planned for VISION 20:2020 - 13 years after

2021 ◽  
Vol 9 (2) ◽  
pp. 176-181
Author(s):  
O.A. Akinsorotan

Protection of environment and sustainable natural resources Nigeria is endowed with abundant human and natural resources, hence, her potential of becoming one the world's prosperous economy cannot be overemphasized. Despite the country's vision of becoming one of the world top 20 largest economies, Nigeria is yet to harness and utilized her endowments to transform her economy. Apparently Vision 2020 goals is not achievable in no distant future. This paper reviewed the level at which Nigeria is in the NV20:2020 plan and suggests measures necessary for the realization of the vision. Nigerian Government should recognise poverty eradication and sustainable management of natural resources as important factors that can propel a nation to the realm of wealthy economy. Keywords: Nigeria, sustainable management, poverty eradication, Vision 2020

2021 ◽  
Vol 9 (2) ◽  
pp. 158-168
Author(s):  
M.O. Abanikannda ◽  
D.A. Adekomi

Since after independence in Nigeria in 1960, the country has been fighting for good governance and a capable state in terms of economic and socioeconomic. The Nigeria development programs have been implemented to achieve the objectives. In 2009, the government of Nigeria embarked upon vision 2020, the ambition to position Nigeria to become one of the top 20 economic in the world national development by 2020 by linking the objective of the National Economic and Empowerment Development Strategy(NEEDS) and the seven-point agenda. However, there are certain questions that need to be asked such as; how much the vision 2020 myth is becoming reality; how has Nigeria performed in terms of good governance and a capable state as far as vision 2020 is concerned. Keywords: government of Nigeria, good governance, vision 2020, national development, ambition and capable state


Author(s):  
Mr. Jyotirmoy Pandit

Water is one of the most important resources among other natural resources. It plays a vital role in the world of living organism in our day to day life whether it may be drinking or non-drinking. Population explosion along with urbanization and industrialization make the situation difficult, especially in using usable water indiscriminately. The ways in which usable water wasted are drinking, domestic purpose, irrigation, industry etc. Although the amount of usable water is limited we have to be cautious in preserving water and take necessary steps to conserve water. Some of the instances have been depicted in this regard which are as follows.


Author(s):  
Nkechi G. Onah ◽  
Lawrence N. Okwuosa ◽  
Favour C. Uroko

The apparent disconnection between Nigeria’s endowment in natural resources and the level of poverty has become a cause for concern, with a serious impact on the development of the nation. To address the poverty issue, the Nigerian government has designed various programmes. Drawing data from official documents and other relevant materials, this article examines such poverty eradication programmes. The article argues that as laudable as they appear, these policies and programmes have failed because of corruption and poor design and implementation, among others. This calls for other stakeholders to be involved in eradicating poverty in Nigeria. This article thus looks at what the Catholic Church is doing to reduce poverty for peace and sustainable development in Nigeria. It suggests that collaborative governance is the key to poverty eradication, peace and sustainable development in Nigeria. The descriptive phenomenological method was employed in the study.


2018 ◽  
Vol 8 (15) ◽  
pp. 247-261
Author(s):  
Henry Veltmeyer ◽  

This article examines three key concepts in the analysis of the problems of capitalist development in the first two decades of the 21st Century. First, extractivist capitalism or capitalist development in its extractivist form, which refers to the advance of capital invested in the acquisition of land and the extraction of natural resources for export in primary commodity form. Second, the debate around the theory of value-labor that has assumed renewed strength in the context of the advances of extractive capital as part of the development of productive forces. Third, the concept of superexploitation advanced by Ruy Marini, with reference to mechanisms that allow for the remuneration of labor on the periphery of the world system at a level below the value (the value of labor power, the commodity that workers seek to exchange against capital for a living wage). Fourth, the formation of a global reserve army of intellectual labor, qualified to participate in the construction of scientific knowledge concentrated in centers of technological innovation. Finally, the article addresses the dynamics of productive and social transformation that accompanies each advance of capital in the development process.


2021 ◽  
Vol 9 (2) ◽  
pp. 192-196
Author(s):  
D.A. Adekomi ◽  
C.O. Alebiosu

Regional and international economic integration Regional economic integration has helped many countries of the world to concentrate on issues that are essential to their development as well as encourage local, national, and international trade between countries and neighbors. In the past years, there has been increase in trading blocs with numerous agreements in place and more in the pipeline(s). These agreements provide more opportunities for countries to interact and trade with one another without barriers to investment and trade. This manuscript discusses regional and international economic integrations in line with VISION-20-20 and the Nigeria economy. Keywords: Trade, investment, money, economic goals, Africa


2021 ◽  
Vol 9 (2) ◽  
pp. 169-175
Author(s):  
M.O. Abanikannda ◽  
O. Omobuwa

How has Nigeria performed in the area of human resource development and a knowledge-based economy? Amidst various reforms agenda, policies, development plans and programmes, Vision 2010, Seven-Point Agenda and a host of others, Nigerian leaders have articulated the Vision 20:2020, which targets to catapult Nigeria into the league of the first global 20 economies by the year 2020. This article focuses only on the second pillar of Nigerian vision 2020 which is “Human resources development and knowledgebased economy” and compare recent development indicators for Nigeria with those of advanced countries, the first 20 of which Nigeria aspired to join this year (2020). In contrast to the situation in highincome OECD nations, the vast majority of Nigerians are ill-fed, ill-clothed, ill-housed and ill-educated. They live in the rural areas characterized by massive underdevelopment. Poverty is the basic malady of Nigeria which is involved in misery-go-round, as part of the slum of the world economy. Nigeria's Vision 20:2020 is, therefore, too ambitious. Furthermore, against the backdrop of the antecedents of policy reversals, summersaults and failures in Nigeria, the Vision is utopian. Recommendations include commitment of the leadership to sufficient discipline and political will to enforce development policies and programmes.


Liquidity ◽  
2016 ◽  
Vol 5 (1) ◽  
pp. 1-9
Author(s):  
Andilo Tohom

Indonesia is one of many countries in the world so called resource-rich country. Natural resources abundance needs to be managed in the right way in order to avoid dutch diseases and resources curses. These two phenomena generally happened in the country, which has abundant natural resources. Learned from Norwegian experiences, Indonesian Government need to focus its policy to prevent rent seeking activities. The literature study presented in this paper is aimed to provide important insight for government entities in focusing their policies and programs to avoid resources curse. From the internal audit perspective, this study is expected to improve internal audit’s role in assurance and consulting.


Sains Insani ◽  
2018 ◽  
Vol 1 (1) ◽  
pp. 69-77
Author(s):  
Intan Suria Hamzah ◽  
Sity Daud

Malaysia experienced a number of the entry of foreigners in the world, mainly as low-skilled workers. Malaysia has been experiencing shortage of workers in main sectors such as construction, agriculture, industrial and service. Foreign workers are workers came from other countries who come to work in Malaysia for a certain period, they are also known as economic’s workers. The study found that foreign workers give benefits for country development process in variuos sectors but with their numbers growing and reaching millions of peoples were disturbing economy and local communities.Keywords: Foreign worker, demand, economy, PATI, crime, security Abstrak: Malaysia mengalami jumlah kemasukan warga asing yang besar di dunia, terutamanya sebagai buruh berkemahiran rendah. Malaysia telah mengalami masalah kekurangan buruh dalam sektor-sektor utama negara seperti pembinaan, perladangan, perindustrian dan perkhidmatan. Pekerja asing atau buruh asing merupakan pekerja yang berasal dari negara luar yang datang bekerja di Malaysia bagi sesuatu tempoh tertentu, ianya juga dikenali sebagai buruh ekonomi. Hasil kajian, mendapati pekerja asing telah membawa manfaat dalam proses pembangunan negara Malaysia dalam pelbagai sektor namun begitu dengan jumlah mereka yang semakin meningkat dan mencecah jutaan orang telah mengganggu-gugat ekonomi dan masyarakat tempatan.Kata kunci: Pekerja asing, permintaan, ekonomi, PATI, jenayah, keselamatan.


Author(s):  
حسن بن إبراهيم الهنداوي (Hassan Hendawi)

الملخّصإنّ الفقر والإملاق من المشكلات الرئيسة التي يواجهها العالم اليوم، ومن أسبابها ندرة الموارد الاقتصادية الشديدة وندرة الغذاء والماء. فندرة الموارد وقلتها كانت ذات أثر مباشر في قتل الملايين من الأنفس البشريّة. وتعدّ ندرة الموارد عند الاقتصاديين الخطر الأساس الذي يهدد الوجود البشري في هذا العصر. ويعتبرها الاقتصاديّون كذلك معضلة اقتصادية ناتجة عن رغبات الإنسان غير المتناهية مقابل موارد محدودة ومتناهية. ومن الأمور التي يقترحها الاقتصاديون من اجل التغلب على هذه المشكلة أن النّاسن ينبغي عليهم أن يختاروا الموارد الضرورية والحاجية لتلبية رغباتهم. فمفهوم الندرة من منظور الاقتصاد التقليدي يعني موارد محدودة في العالم مقابل حاجات ورغبات غير محدودة. وسبب ذلك عند الاقتصاديين أن الطبيعة لا توفر موارد كافية لتلبية حاجات الناس ورغباتهم غير المتناهية. ونظرة الإسلام التي يمثلها القرآن الكريم والسنة النبوية الشريفة لمسألة الندرة نظرة مختلفة تماما عن نظرة الاقتصاد التقليدي. ويعنى هذا البحث ببيان أن الندرة ليست مشكلة الطبيعة التس سخّرها الله تعالى للإنسان،  ولكن المشكلة في أخلاقيات الناس وتصرفاتهم في الموارد الطبيعية وطريقتهم في الانتفاع بها التي أدت إلى إدخال الضرر والفساد على الموارد الموجودة.الكلمات المفتاحية: الإسلام، ندرة الموارد، الاقتصاد المعاصر، الموارد الطبيعية، الطبيعة. **************************************               AbstractAmong the main problems that the world is facing today are poverty and destitution caused by severe scarcity of economic resources and the scarcity of food and water. The lack of resources has already caused the death of millions of human beings. The scarcity of resources is counted by economists as the primary danger that threatens the human existence. Economists also consider it an economic dilemma caused by infinite human desires against limited and finite resources. In order to overcome this problem among the suggestions made by economists is that human beings should choose only necessary resources to satisfy their desires. The conventional concept of scarcity is that the resources in the world are limited vis-à-vis the unlimited human needs and desires. The reason for that according to economists is that the nature does not provide sufficient resources to meet people’s endless needs and desires. Islamic approach as represented by the Holy Qur’an and the Sunnah to the issue of scarcity is essentially different from the conventional viewpoint of economists. This paper proposes and explains that the problem is not in the nature which Allah has made subservient to man, but it is in the ethics of the people and their behaviour and way of utilization of natural resources, which ultimately damage and corrupt the available resources.Keywords: Islam, Scarcity of Resources, Modern Economy, Environmental Resources, Nature.


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