The G-20

Nigeria: Joining the G-20

I read the following about two days ago from BusinessDayonline.com

"The G-20 is the elite club of 20 nations with the highest indices of economic development in the world today. They are the most "developed", and "industrialized","progressive" and "productive" economies." These are the words of the BusinessDay, a leading business tabloid in Nigeria.

According to BusinessDayonline.com, G-20 nations "put the well being of private sectors into a fromidable team to ensure that the bulk of the nation's resources is devoted to providing decent paying jobs for all, decent health care for all, steady electricity, clean drinking water, good roads, piublic transport, security of lives and property, good education for all, well equipped schools, well trained and well paid teachers, well trained and well paid police, and steady pension payments."

 

The author of this lovely little piece ends his thought by asking a vital question, namely "...seeing that 72% of our annual revenue is allocated to consumable, leaving only 28% for the heavy items of industrial and social development listed are the hallmark of G-20?"

 

I think this question is quite simple for Nigerian leaders to answer. What do you think?

I personally think the FG and other Nigerian goverments should try to emulate these so-called G-20 nations in their economic plans and projections. After all, everybody copies in order to learn and learning involves a lot of copying.

Let us restructure our fiscal and other budgetary plans and policies to move Nigeria forward and achieve this dream of 2020-a worthwhile one.

 

Cheers!