When was the first national development plan in Nigeria?
1946
There is unanimity in documentation among writers and scholars that the first attempt at development planning in Nigeria started in 1946 with a ten year plan of Development and Welfare (Okoli, 200; Obikeze and Obi, 2004:, Ugwu, 2009).
What is the first national development plan?
The first Nigerian National Development Plan was an ambitious economic plan that was launched in 1962 with a six year target that envisaged the spending of about $1,900,000,000 on development and productivity enhancing projects.
What is national development plan?
A National Economic Development Plan will analyse the country’s objectives and priorities in relation to all these sectors in response to well-identified national needs. A well-researched and reasoned policy document is of immense value to a country in the allocation of its scarce resources.
What is the fifth national development plan?
THE FIFTH NATIONAL DEVELOPMENT PLAN (1988 – 1992) The development plan had the vision of improving labour productivity through incentives, privatization of many public enterprises, and different government measures to create employment opportunities.
Why is National Development Planning important in Nigeria?
NATIONAL DEVELOPMENT PLANNING IN NIGERIA Development plans have been accepted as a suitable strategy to address development challenges in Nigeria. Therefore, the analysis of various development plans in Nigeria since independence becomes necessary.
What was the pre independence plan of Nigeria?
Pre-Independence Plan: Nigeria’s planning experience began with the Ten-Year Plan of Development and Welfare for Nigeria which was introduced in 1946 by the colonial government (1945-1956) sequel to a circular from the Secretary of State for Colonies to all British colonies, directing the setting up of a Central Development Board (Onah, 2010).
What are the stages of development in Nigeria?
The stages involved in the preparation of development plans in Nigeria are as follows: Despite the various phases of development planning the country has been through, there has not been much progress by way of development to be recorded anywhere. So what then could be the problem?
How are planning institutions set up in Nigeria?
Planning Institutions are Largely Inadequate: Various committees such as the NPC (National Planning Commission) and the likes, are usually set up for development planning. The stakeholders in these committees are in charge of providing inputs at a sectorial capacity.
