Nigeria’s vision 20:2020: the challenge of infrastructural development

Abstract

Vision 20:2020 represents an aspiration for Nigeria to have a large, strong, diversified, competitive and technologically enabled economy that effectively harnesses the talents and energy of its people and responsibly exploits its natural endowments to guarantee a high standard of living and quality of life for its citizens. It seeks to position Nigeria among the 20 largest economies in the world by the year 2020. It is however disheartening that the infrastructural facilities in Nigeria make the realization of the vision an uphill task. Nigeria‟s present ranking based on the state of her infrastructure tends to suggest that she is merely day-dreaming. On the Global Competitive Index, Nigeria is currently ranked 119th out of 131 countries based on the state of her infrastructure. A vision must be supported by a sustained effort for its achievement and for Nigeria‟s vision 20:2020 the provision of a functional infrastructure is a necessity if the goal post will not be shifted again.

Key Words: Vision 20:2020; infrastructure; Development; Technology, Economy