Nigeria’s Planning Experiences - SS3 Economics Lesson Note
Nigeria has a history of planning that dates back to the colonial era. After independence in 1960, the country developed several national development plans aimed at promoting economic growth and development. However, Nigeria's planning experiences have been characterized by several challenges.
One of the major challenges of planning in Nigeria has been the lack of effective implementation of plans. Despite the development of several plans over the years, many of these plans have not been fully implemented due to factors such as corruption, inadequate funding, bureaucracy, and political instability.
Another challenge of planning in Nigeria has been the inadequate availability of reliable data. This has made it difficult to develop effective plans and policies that address the country's social and economic challenges.
In recent years, Nigeria has made efforts to address some of these challenges. For example, the government has developed the Economic Recovery and Growth Plan (ERGP) aimed at promoting economic growth and development. The government has also established various institutions such as the National Planning Commission and the National Bureau of Statistics to support planning efforts.
However, there is still a need for Nigeria to address some of the structural challenges that have hindered effective planning. This includes improving transparency and accountability, addressing political instability, promoting public participation in planning, and enhancing the availability of reliable data.