Submit your papersSubmit Now
For Enquiries: [email protected]
IIARD LogoIIARD

Development Planning in Nigeria: Trends, Challenges, and Prospects for Sustainable Growth (1962–2025)

Inyommom, A. E., Pawa, S. S., Iheanacho, A. C.

Abstract

This study critically examines the evolution, performance, and challenges of development planning in Nigeria from the First National Development Plan (1962–1968) to the National Development Plan (2021–2025). The paper adopts a historical and analytical approach to evaluate various development initiatives, including the Second, Third, and Fourth National Development Plans, the Structural Adjustment Programme , Rolling Plans, Vision 2010, NEEDS, Vision 2020, and recent policy frameworks. The study highlights the objectives, achievements, and limitations of each planning phase, with particular emphasis on issues such as poor implementation, policy inconsistency, financial constraints, corruption, weak institutional frameworks, and political instability. Findings reveal that despite numerous development plans and policy reforms, Nigeria has not achieved sustainable economic growth and development, as evidenced by persistent poverty, unemployment, infrastructural deficits, and low human development indicators. The paper further argues that overdependence on oil revenue, lack of continuity in government policies, and inadequate stakeholder participation have undermined the effectiveness of development planning in the country. The study concludes that while development planning remains a critical tool for national transformation, its success in Nigeria depends largely on disciplined implementation, strong institutional capacity, transparency, and inclusive participation. It recommends a shift towards realistic, people- oriented, and well-coordinated development strategies that are insulated from political interference and aligned with national priorities.

Keywords

DevelopmentPlanningNigeriaGrowthPolicyGovernancePovertyUnemploymentInfrastructureImplementation.

References

Akinrinade, S. (1987) “Structural Adjustment: Is SAP the Magic Wand?” Newswatch (October 5) -64 Amucheazi, E. C. (1980) Readings in Social Sciences: Issues in National Development. Enugu: Fourth Dimension Publishers. Arno, G. (1977) Modern Nigeria. London: Longman Supply Ltd. Daggash, M. S. (2008) “Why Nigeria Needs a National Development Master Plan”. Vanguard (October 14) -36. Dibie, R. (2000) Understanding Public Policy in Nigeria: A Twenty-first Century Approach (Nigerian Edition) Lagos: Mbeyi& Associates (Nig.) Ltd. Egonmwan, J. A. and Ibodje, S.W.E (2001) Development Administration: Theory and Practice. Benin City: Resyin (Nig.) Company Ltd. Ezekiel, M. E. (1987). “Indigenization: Nigeria for Nigerians”. Newswatch (October 5) , 41. Ijaiya, G. T. and Usman, A. L. (2000). “Development in Disarray: An overview of the Nigerian Experience”, in Usman, A. L. and Ijaiya, G. T. (eds.). Selected Essays on the Contradictions of Economic Development Theories in Nigeria. Ilorin: Haytee Press & Publishing Company Ltd. Jhingan, M. L. (2007). The Economics of Development and Planning. Delhi: Vrinda Publications (P) Ltd. Munroe, M. (1992). In Pursuit of Purpose. USA: Destiny Image Publishers Inc. Obikeze, O. S. and Obi, E. A. (2004). Public Administration in Nigeria: A Developmental Approach. Onitsha: BookPoint Ltd. Okoli, F. C. (2004). Theory and Practice of Public Organizations: A Book of Readings. Enugu: John Jacob’s Classic Publishers Ltd. Okoli, F. C. and Onah, F. O. (2002). Public Administration in Nigeria: Nature, Principles and Application. Enugu: John Jacob’s Classic Publishers Ltd. Omonubi, R. (1987). “Oil: Oil, Oil, Where Is Naira?” Newswatch (October 5), pg. 55-56 Onah, F. O. (2006). Managing Public Programmes and Projects. Nsukka: Great AP Express Publishers Ltd. Onah, R. C. and Ibietan, O. I. (2009). “Democratic Stability and Regional Economic Integration: The Economic Community of West African States Experience”, in Nigerian Journal of Public Administration and Local Government, UNN. Vol. XIV, No. 1 (September) – 32. Osifo- Whiskey, O. (1987) “Economic Planning/Management: Top Speed in the Slow Lane”. Newswatch (October 5) -33. Osifo- Whiskey, O. (1993). “The Economy: A Headache fit for a King”. Tell (June 21) – 16. Sen, A. (1999). Development as Freedom. New York: Anchor Books.311 Ugwu, C. E. (2009) “The Imperatives of National Development Programmes Harmonization in Nigeria: Vision 2020, Millennium Development Goals and Seven Point Agenda”, in Nigerian Journal of Public Administration and Local Government Vol. XIV, No. 2, – 216. Federal Government of Nigeria. (2021). National Development Plan 2021–2025. Abuja, Nigeria: Ministry of Finance, Budget and National Planning. P-ISSN 2695-186X Federal Ministry of Budget and National Planning. (2017). Economic Recovery and Growth Plan 2017–2020. Abuja, Nigeria: Government of Nigeria. National Bureau of Statistics. (2022). Nigeria multidimensional poverty index survey report. Abuja, Nigeria: NBS. World Bank. (2022). Nigeria development update: The continuing urgency of business unusual. Washington, DC: World Bank. United Nations Development Programme. (2022). Human development report 2021/2022: Uncertain times, unsettled lives. New York, NY: UNDP. Debt Management Office. (2023). Nigeria’s total public debt stock report. Abuja, Nigeria: DMO. Central Bank of Nigeria. (2023). Annual statistical bulletin. Abuja, Nigeria: CBN. International Monetary Fund. (2023). Nigeria: Article IV consultation report. Washington, DC: IMF.

More Articles from IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT