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The Economy of Nigeria reforms.

The Economy of Nigeria has turned a corner when compared to the 1980s or early nineties. But which reforms are being put in place to ensure the government realizes its Vision 2020 ideal? Vision 2020 aims to put Nigeria among the top twenty economies of the world by year 2020.

Economic reforms started under Obasanjo's administration is based on the National Economic Empowerment and Development Strategy or NEEDS. The government's objective includes making changes which reduces Nigeria's over dependence on oil revenues or helps sustain growth in the non oil sectors.

Another is privatisation of underperforming or poorly managed state enterprises and deregulations that encourage private participation in various economic sectors like Telecommunications and Power.

What Other Visitors Have Said

Click below to see contributions from other visitors to this page...

State infrastructure must improve  starstarstarstarstar
With the current state of the country's public infrastructure, like transport and power, it's looking unlikely that we'll make it. But if we can reduce ...

we produce, package and sell honey products to corporate and private individuals  starstarstarstar
The Leeds Int. Nig. Ltd is the parent company to The Leeds Natural Pure Honey. the company is located on 3, Basorun Apanpa area, along Eleyele axis in ...

Microfinance Empowerment Scheme  Not rated yet
If we can Empower the Microfinance Banks in Nigeria,it will go a long way in reducing the Economic and financial problems faced by Nigerians.

return from home from economy of Nigeria



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