The Nigerian’s Dream

Posted October 17th, 2011 by Stephen Ogunyiola

The Nigerian's DreamThe Nigerian government’s 7-Point Agenda or Seven Major Government Issues accommodate Power and Energy, Food Security and Agriculture, Wealth Creation and Employment, Mass Transportation, Land Reform, Security plus Qualitative and Functional Education. They were defined in many ways, but the most frequently quoted definition is from Our Common Future; which energizes development that meets the needs of the present without compromising the ability of future generations to meet their own needs. It contains within it two key concepts that Nigeria may simply need to catalyze her development. The concept of the agenda, in particular the essential needs of Nigeria’s poor, to which overriding priority should be given; and the idea of limitations imposed by Nigeria’s state of technology and social organization on the environment’s ability to meet present and future needs.

When you think of Nigeria’s 7-Point Agenda as a system over economy, you grow to understand that poor living standards affect quality of these socio-economical entireties in Nigeria, and that inequality sprayed in Governance could harm citizens morale off the terrain of Nigeria’s identity.

President Umaru Yar’Adua’s 7-Point Agenda is pivotal. As part of the public sector/Nigerian government role, the challenge is to support and strengthen the Nigerian system to actualize its huge potential and fulfill its obligations to the society and the continent. Also for the Nigerian government-private-partnership to be effective, it is also incumbent on government to promote a liberal environment and encourage private initiatives, establish a positive investment climate, develop infrastructural facilities, establish appropriate regulatory, legislative and policy environments and ensure a fair, equitable and efficient tax regime.

Nigeria has an estimated proven oil reserves of 32 billion barrels, and is the sixth largest producer in the Organization of Petrol Exporting Countries, (OPEC). At the current rate of production, these reserves can last about 35 years. In addition to oil, Nigeria has substantial reserves of natural gas and abundant solid mineral deposits, including coal, tin, kaolin, gypsum, columbine, gold, barites, marble, tantalite, salt and sulphur. Capacity utilization in industry is about 50%. Available data from the Federal Office Of Statistics (FOS) indicates that poverty incidence in Nigeria in 1960 was about 15%. This grew to 28% in 1980 and 46% in 1985. By 1996, the poverty incidence was estimated to be about 66% in a population of about 110 million. Additional data from the FOS (1999) further indicated that life expectancy at birth was 51 years; literacy rate was 56%, and 70% of the rural population lacked access to potable water, healthcare and electricity (Nigerian Muse).

Late President Yar’ Adua’s Seven Point Agenda
The following is the late Nigerian President Yar’ Adua’s Seven Point Agenda:

1. Energy: We need to solve the problem of power and energy – National Council on Energy to drive the energy policy and advice on power, energy and gas… energy emergency to be declared.
2. Security: Treating security as a critical Infrastructure.
3. Wealth Creation: 70% of all revenue comes from oil; need to keep this focused and extended to other areas.
4. Education: Need to address the various problems in the education sector.
5. Land Reform: To provide proper ownership and give a chance to take the land to capital market.
6. Mass Transit: To develop capacity for mass movement of goods and people.
7. Niger Delta: To implement the master plan already developed.

Resources
The following are resources for more information on the Nigerian energy crisis:

1. Nigerian Muse – Yar’ Adua’s 7-Point Agenda: Impost And Implementations!
2. Perpetual Minds – Energy Crisis In Nigeria
3. Perpetual Minds – Vision 2020

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