[size=18pt]Nigeria needs N6.7 tr to join 20 top economies in 2020 [/size]

TO fix the infrastructure of the nation that could prepare it to join the 20 topmost economies in the world by 2020, the Federal Government will need an investment outlay of about N6.7 trillion within the next four years.

This was disclosed yesterday in Abuja by the Minister of National Planning Commission, Shamsudeen Usman, at the opening of a four-day conference of the Association of Consulting Engineers of Nigeria (ACEN).

The minister, who was represented by the Director on Infrastructure in the ministry, Olugbenga Adegun, said the huge resources would not be provided solely by the government, saying there were efforts at sourcing part of them from the private sector and as well as Nigerians in the Diaspora.

He said government was working assiduously to achieve the Vision 20:2020 policy, explaining that the first national medium term plan would last from 2010 to 2013. Also, the various gas policies initiated by the Goodluck Jonathan administration are being aggressively pursued in a sustainable manner that will soon guarantee stable supply of power to Nigerians as well as manufacturers, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has said.

The minister who spoke yesterday in Abuja at the Seventh International Gas Conference and Exhibition of the Nigerian Gas Association (NGA) while delivering a keynote address entitled: “Strategies for the successful implementation of gas sector policies,” explained that the commercial framework of the new gas pricing regimes for gas to power and gas to the manufacturing industry, had resulted in an influx of investors into the gas sub-sector.

Usman insisted that the first step in the plan of the vision was what the government was implementing, saying: “We are envisaging an investment outlay of N6.7 trillion in infrastructure and the money is not only going to come from the government, but the private sector and Nigerians in Diaspora, all over the world in form of foreign direct investment or otherwise.”
According to him, Nigeria needs the assistance of developed nations to succeed in its quest to achieve infrastructural development.

His words: “We need augmentation from abroad, everywhere all over the world to assist us in national development; no nation in the world can generate all the resources for development. I said all the nations that have made it in the world devote a substantial amount of their budget to Research and Development (R&) and we are working towards that too. R& must come to the front burner as a priority for development. If you look at the national plan, we have what we called knowledge-based economy.


http://www.ngrguardiannews.com/index.php?option=com_content&view=article&id=28611:nigeria-needs-n67-tr-to-join-20-top-economies-in-2020&catid=1:national&Itemid=559

If Nigeria is still a country by then:

Arewa Rep.
Biafra
Odua
etc

Usman insisted that the first step in the plan of the vision was what the government was implementing, saying: “We are envisaging an investment outlay of N6.7 trillion in infrastructure and the money is not only going to come from the government, but the private sector and Nigerians in Diaspora, all over the world in form of foreign direct investment or otherwise.”

I like the way everyone seems to ignore the looting of our politicians plus their over pay. Imagine a politician loosing millions of Nairs from 6 months suspension.

Ileke-IdI:

If Nigeria is still a country by then:

Arewa Rep.
Biafra
Odua
etc



I like the way everyone seems to ignore the looting of our politicians plus their over pay. Imagine a politician loosing millions of Nairs from 6 months suspension.

People are doing something, remember the man who rushed obj at the airport yesterday, others are scared stiff while others ran away entirely, prefaringt to hide behind a monitor and give orders.

invisible!:

People are doing something, remember the man who rushed obj at the airport yesterday, others are scared stiff while others ran away entirely, prefaringt to hide behind a monitor and give orders.

tell us more about the man who rushed obj. what happened?

invisible!:

People are doing something, remember the man who rushed obj at the airport yesterday, others are scared stiff while others ran away entirely, prefaringt to hide behind a monitor and give orders.

ROTFL.

While others are behind computer clamoring for wars

Ileke-IdI:

ROTFL.

While others are behind computer clamoring for wars

yes arewa republic is alive!!!!!!!!!!!!!!!!!!!!!!!

no one is clamouring for war, we northerners just want to leave in peace(leaving with lagos,abuja, ebonyi, rivers, kwara, kogi)

^^^ Plz bye bye.

Was MONEY ever our problem? 
You mean more money for the politicians to steal!
Lets deal with mediocre governance, corruption and tribalism
and we will get there with what we have now by 2015!

Ileke-IdI:

^^^ Plz bye bye.

ileki-idi
u are also coming with me, to be my first wife(head wife)

i hope u love the way we roll in the north

leave this yoruba men alone

na2day!:

Was MONEY ever our problem?  
You mean more money for the politicians to steal!
Lets deal with mediocre governance, corruption and tribalism
and we will get their with what we have now by 2015!

GBAM! GBAM! GBAM!

It's like they always always avoid to talk about corruptness between them. . . .anytime they talk about the development of Nigeria, these same politicians leave out the critical problem; corruption.

alj harem:

ileki-idi
u are also coming with me, to be my first wife(head wife)

i hope u love the way we roll in the north

leave this yoruba men alone

I said "bye bye". I will support you and your movement. I'd even help you pack your pots and clothes

alj harem:

ileki-idi
u are also coming with me, to be my first wife(head wife)
i hope u love the way we roll in the north
leave this yoruba men alone

ROFL

Ileke-IdI:


I said "bye bye". I will support you and your movement. I'd even help you pack your pots and clothes

so do u agree to come with me

we northerners are very affectionate and true to our words, we never lie to our women

Do you have anything tangible to add to this thread?

quiet woman

i said u would be my first wife(1)
but for ur punishment i demote u to second wife subject to ur reaction in the room, i might change my mind

allah bless this union
Wannan albarka aure

alj harem:

quiet woman
i said u would be my first wife(1)
but for your punishment i demote u to second wife subject to your reaction in the room, i might change my mind
allah bless this union
Wannan albarka aure

Not funny at all - if you were trying to be funny!

How about startin d procedure within. . . . besides charity begins @ home