What are the objectives of Fourth National Development Plan?
What are the objectives of Fourth National Development Plan?
The objectives of the plan were increase in per capita income; even distribution of income; reduction in the level of unemployment; increase in the supply of high level manpower; diversification of the economy; balanced development and indigenization of economic activities.
What is fourth national development plan?
The Plan calls for establishment of a benchmark for population censuses through the activities of a newly established National Population Commission. The Plan seeks a decline in the fertility rate through the voluntary use of family planning services and an increase in formal education.
What are the components of the national development plan?
This Plan prioritizes investment in five areas with the greatest multiplier effect on the economy, which are: (i) agriculture, (ii) tourism, (iii) minerals, oil and gas, (iv) infrastructure development, (v) human capital development. The Plan sets key four objectives to be attained during the five year period.
What are the objectives of Nigeria Development Plan?
The objectives include: Increase in per capita income; even distribution of income; reduction in the level of unemployment; increasing the supply of high level manpower, diversification of the economy; balanced development and indigenization of economic activities.
What are the stages of development planning in Nigeria?
Nigeria’s development planning could be classified under four phases. These can be described as the Colonial Era, the Era of Fixed- Term planning (1962-85), the Era of Rolling Plan (1990-1998), and the New Democratic Dispensation (1999 till date).
How many national development plans did Nigeria have between 1960 and 1984?
Abstract. Since gaining independence in 1960, Nigeria had explored four 5-year development plans, one structural adjustment programme, two 3-year rolling plans, four visions and strategies including the recently lunched Economic Recovery and Growth Plan (ERGP).
What are the types of development planning?
There are three major types of planning, which include operational, tactical and strategic planning.
What are the objectives of the National Development Plan?
The NDP sets out ambitious goals for poverty reduction, economic growth, economic transformation and job creation. The private sector has a major role to play in achieving these objectives. Long-term planning and investment in the future is just as important for the private as the public sector.
What is the National Development Plan 2030?
The NDP commits to investing for low-carbon, resilient electricity systems and significant funds will be allocated to support the target of retrofitting 500,000 homes to a Building Energy Rating (BER) of B2 and the installation of 600,000 heat pumps with 400,000 expected to be in existing homes by 2030.
What are the stages of development plan?
Stage 1: Information gathering. Stage 2: Issues Paper. Stage 3: Draft Plan. Stage 4: Independent Examination.
What is national rolling plan?
The broad policy aims of the national rolling plan include achieving real economic growth and macro-economic stability among other objectives in order to alleviate the problems of unemployment and poverty in the society.
What is the history of development planning in Nigeria?
Nigeria has had a relatively long experience in development planning beginning with the Colonial Development Plan (1958-68). Medium-term development plans and national rolling plans were also developed and implemented with mixed results.
What is the second National Development Plan of Nigeria?
The Second National Development Plan (1970 – 1974) which provided a capital expenditure of up to 3 billion Naira and attempted to correct and improve on some of the mistakes of the First National Development Plan.
What were the objectives of the fourth National Development Plan of 1981?
Fourth National Development Plan (1981-1935): The Fourth National DevelopmentPlan (1981-85) came on board in 1981. It was the first that the civilian government preparedsince the intervention of the military in Nigerian politics in 1966. The objectives of the planaccording to Obi (2006) were: (i) increase in the real income of the average citizen;
What is the history of employment promotion in Nigeria?
Owing to the Nigerian civil war which began during this time, this plan was further implemented from 1969 through to 1970. The NMB (National Manpower Board) of 1962 is a significant scheme for employment promotion recorded at this time.