Opinion
Planning The National Economy
As observed by W. Arthur Lewis: “Making development plans is the most popular activity of governmentof underdeveloped countries since the war, and is also nearly their biggest failure.” Nigeria’s experience is a case in point. With over six decades of planning its economy, the pertinent fact remains that the country has not been able to extricate itself from the vicious clutches of underdevelopment. Worse still, none of the development planning objectives has been achieved. Why? The reasons are numerous.
First, it is perceived by some scholars that the failure of development plans in Nigeria to yield the desired result is a necessary outcome of the incorporation of the country into the global capitalist orbit, and the notion that economic development is the same thing as westernization.
The scholars including C. Ake, P . E. Ollawa, Dos Santos, Chinweizu, and A.G. Frank argue that any meaningful analysis, appreciation, or understanding of underdevelopment must begin with the understanding of the nature, pattern and level of capital penetration, resource exploitation, mechanism of surplus expropriation, pattern of international relations, and the general effects of these on the policies pursued by the country.
Second, the plans are more often than not aggregations of incompatible projects and policies and not strategies for development. In the NEEDS document, it is stated: “The overall strategy is to diversify the productive base of the economy away from oil and to foster market-oriented, private sector-driven economic development with strong local participation.”
From the NEEDS document, it is not difficult to see why, over the years, what have passed as strategies for the pursuance of development plan objectives for the country include expansion and diversification of agricultural export commodities, import substitution, export, promotion, indigenisation, integrated rural development, structural adjustment programmes, commercialisation and privatisation programmes.
It is apparent that with these strategies and policies, the productive base of the economy has remained undiversified.
In the pre-civil war period, export of agricultural produce was the engine of growth of the country’s economy. But in the post-civil war decades, petroleum became increasingly important directly for both the balance of payments and government revenue, and indirectly for income propagation. The emphasis and high hopes placed on petroleum production especially during the Second National Development Plan (1970 – 75) resulted in the neglect of the agricultural sector; and the result was that the level of food production in the country barely kept pace with the population growth. Unfortunately, the subsequent plans and policies have not succeeded in reversing the trend.
Thirdly, development plan failure in Nigeria has also been attributed to inefficient, ineffective and inappropriate administrative machinery for planning.
From the “Ten-Year Plan of Development and Welfare for Nigeria” prepared under the British colonial administration, it was quite clear that the colonial administrative machinery was limited in its objectives of maintenance of law and order and of opening up the colonial economy to serve the needs of the metropolitan government. Improbably, the country’s achievement of independence in 1960, has not transformed the public service into development-oriented machinery, without which development planning would be a farce.
Today, despite the efforts to improve the processes and machinery of planning in the country, there is no indication that members of the public are constantly being consulted or made to feel part of the development process. It is indeed doubtful if some top officials of ministries are really aware of or familiar with the projects of their ministries.
The fourth index of the failure of development planning in Nigeria is that nobody takes the plans seriously after the initial fanfare with which they are published. This is understandable.
The large figures, the billions of naira to be spent on innumerable projects and the projected high rates of growth, as well as the high hopes generally raised, give an indication that the plans are mere political propaganda and pure fantasy. So what you find is that the plans are put aside and often forgotten on the shelves soon after they are made. Supposedly, the officials who made the plans hardly consult them for government actions or inactions.
The final index is the primacy of politics in the public policy and decision-making behaviours of the country’s leaders.
In the language of P. E. Olawa, “The primacy of politics exists in the process of policy and decision-making when political considerations out-weigh rational technical questions of selecting alternatives which have the greatest probability of effecting the most efficient allocation of scarce resources.”
Primacy of politics approach has three basic features: decision adhocism, preference of immediate short-term goals to long term ones, and making of major policy decisions without considering their repercussions on long-term planning.
It will be interesting to go into the exposition of these features but that will take us too far beyond the concerns of this piece. But suffice it to say that these features have continued to manifest in the political expediency and spontaneity with which Nigerian leaders make promises and far-reaching decisions and site projects.
Yes, I write this piece with the perception that planning is the first responsibility of a leader or manager. So, as Presidnet Goodluck Ebele Jonathan settles down to his challenging state duties, his first task should be to address these perennial problems of plan formulation and implementation highlighted above, and then come up with distinctive, bold, and boom ideas that will turn planning in Nigeria into a propelling force that is capable of uplifting the· country to greater heights.
Some of the requirements for a successful development plan are inclusive, efficient, and effective planning machinery, valid statistical data, physical and financial balances, inspiring, realistic and mutually compatible and flexible objectives, as well as effective mobilisation of resources. Others include incorrupt and efficient personnel and administration of government, proper development policy, a firm educational base, national conciousness and public cooperation.
The future is bright for the Nigerian nation, but it is imperative that the country should, with a collective sense of purpose, be willing to plan and work for it’s ecoomic, social, and political development and greatness.
The line that separates betrayal and corruption is very thin. Betrayal and corruption are two sides of the same coin. Like the snail and its shell they are almost inseparable. They go hand-in-globe. Betrayal and corruption are instinctive in humans and they are birthed by people with inordinate ambition – people without principles, without regard for ethical standards and values. Looking back to the days of Jesus Christ, one of his high profile disciples-the treasurer, was a betrayer. Judas Iscariot betrayed Jesus Christ for just 30 pieces of silver. One of the characteristics of betrayers is greed.
So, when on resumption from his imposed suspension, the Rivers State Governor, Sir Siminilayi Fubara threatened to bring permanent secretaries who were found complicit in “defrauding” the State during the days of Locust and Caterpillar regime, he did not only decry a loot of the Treasury but the emotional trauma of betrayal perpetrated by those who swore to uphold the ethics of the civil service. Governor Siminilayi Fubara had least expected that those who feigned loyalty to his administration would soon become co-travellers with an alien administration whose activities were repugnant to the “Rivers First” mantra of his administration. The saying that if you want to prove the genuineness of a person’s love and loyalty feign death, finds consummate expression in the Governor Fubara and some of the key members of the State engine room
Some of those who professed love for Governor Siminilayi Fubara and Rivers State could not resist the lure and enticement of office in the dark days of Rivers State, like Judas Iscariot. Rather, they chose to identify with the locusts and the caterpillars for their selfish interest. Julius Caesar did not die from the stab of Brutus but by his emotional attachment to him, hence he exclaimed in utter disappointment, “Even you Brutus”. The wound of betrayal never heals and the scar is indelible. Unfortunately, today, because of gross moral turpitude and declension in ethical standards and values, betrayal and corruption are celebrated and rewarded. Corruption, a bane of civil/public service is sublime in betrayal. The quest to get more at the expense of the people is the root of betrayal and sabotage.
This explains why Nigeria at 65 is the World’s capital of poverty.
Nigeria is not a poor country, yet, millions are living in hunger, abject poverty and avoidable misery. What an irony. Nigeria, one of Africa’s largest economies and most populous nation is naturally endowed with 44 mineral resources, found in 500 geographical locations in commercial quantity across the country. According to Nigeria’s former Minister for Mines and Steel Development, Olamiekan Adegbite, the mineral resources include: baryte, kaolin, gymsium, feldspar, limestone, coal, bitumen, lignite, uranium, gold, cassiterite, columbite, iron ore, lead, zinc, copper, granite, laterite, sapphire, tourmaline, emerald, topaz, amethyst, gamer, etc. Nigeria has a vast uncultivated arable land even as its geographical area is approximately 923, 769 sq km (356,669 sq ml).
“This clearly demonstrates the wide mineral spectrum we are endowed with, which offers limitless opportunities along the value-chain, for job creation, revenue growth. Nigeria provides one of the highest rates of return because its minerals are closer to the suffer”, Adegbite said. Therefore, poverty in Nigeria is not the consequences of lack of resources and manpower but inequality, misappropriation, outright embezzlement, barefaced corruption that is systemic and normative in leaders and public institutions. According to the World Poverty Clock 2023, Nigeria has the awful distinction of being the world capital of poverty with about 84 million people living in extreme poverty today.
The National Bureau of Statistics (NBS) data also revealed that a total of 133 million people in Nigeria are classed as multi-dimensionally poor. Unemployment is a major challenge in the country. About 33 percent of the labour force are unable to find a job at the prevailing wage rate. About 63 percent of the population are poor because of lack of access to health, education, employment, and security. Nigeria Economic Summit Group (NESG) speculated that unemployment rate will increase to 37 percent in 2023. The implications, therefore, is increase in unemployment will translate to increase in the poverty rate. The World Bank, a Washington-based and a multi-lateral development institution, in its macro-poverty outlook for Nigeria for April 2023 projected that 13 million Nigerians will fall below the National Poverty line by 2025.
It further stated that the removal of subsidy on petroleum products without palliatives will result to 101 million people being poor in Nigeria. Statistics also show that “in 2023 nearly 12 percent of the world population of extreme poverty lived in Nigeria, considering poverty threshold at 1.90 US dollars a day”.Taking a cursory look at the Nigerian Development Update (NDU), the World Bank said “four million Nigerians were pushed into poverty between January and June 2023 and 7.1 million more will join if the removal of subsidy is not adequately managed.” These startling revelations paint a grim and bleak future for the social-economic life of the people.The alarming poverty in the country is a conspiracy of several factors, including corruption. In January, 2023 the global anti-corruption watchdog, Transparency International, in its annual corruption prospect index which ranks the perceived level of public sector corruption across 180 countries in the world says Nigeria ranked 150 among 180 in the index. Conversely, Nigeria is the 30th most corrupt nation in the ranking. It is also the capital of unemployment in the world.
Truth be told: a Government that is corruption-ridden lacks the capacity to build a vibrant economy that will provide employment for the teeming unemployed population. So crime and criminality become inevitable. No wonder, the incessant cases of violent crimes and delinquency among young people. Corruption seems to be the second nature of Nigeria as a nation . At the root of Nigerians’ poverty is the corruption cankerworm.How the nation got to this sordid economic and social precipice is the accumulation of years of corrupt practices with impunity by successive administrations. But the hardship Nigerians are experiencing gathered momentum between 2015 and 2023 and reached the climax few days after President Bola Ahmed Tinubu, who assumed power as president of Nigeria, removed the controversial petroleum subsidy. Since then, there is astronomical increase in transport fares, and prices of commodities. Living standard of most Nigerians is abysmally low, essential commodities are out of reach of the poor masses who barely eat once a day.
The Dollar to Naira exchange rate ratio at one dollar to N1,000, is the most economy-unfriendly in the annals of the history of Nigeria. The prohibitive prices of petroleum products with the attendant multi-dimensional challenges following the removal of the subsidy, has posed a nightmare better to be imagined than experienced. Inflation, has been on the increase, negatively affecting the purchasing power of low income Nigerians. Contributing to the poverty scourge is the low private investment due to.unfriendly business environment and lack of power supply, as well as low social development outcomes resulting in low productivity. The developed economies of the world are private sector-driven. So the inadequate involvement of the private sector in Nigeria’s economy, is a leading cause of unemployment which inevitably translates to poverty.
Igbiki Benibo
In today’s fast-paced, hyper-competitive world, the pursuit of success and growth has become an all-consuming force. Individuals, organisations, and nations alike, are locked in a perpetual struggle to achieve more, earn more, and surpass their rivals. Yet, beneath this relentless drive for progress lies a silent danger—the risk of self-destruction. This perilous pattern, which I call the self-destruct trajectory, describes the path taken when ambition and growth are pursued without restraint, awareness, or moral balance. The self-destruct trajectory is fueled by an insatiable hunger for more—a mindset that glorifies endless expansion while disregarding the boundaries of ethics, sustainability, and human well-being. At first glance, it may appear to promise prosperity and achievement. After all, ambition has long been celebrated as a virtue. But when growth becomes the only goal, it mutates into obsession.
Individuals burn out, organisations lose their soul, and societies begin to fracture under the weight of their own excesses. The consequences are everywhere. People pushed beyond their limits face anxiety, exhaustion, and disconnection. Companies sacrifice employee welfare and social responsibility on the altar of profit. The entire ecosystems suffer as forests are cleared, oceans polluted, and air poisoned in the name of economic progress. The collapse of financial systems, widening income inequality, and global environmental crises are all symptoms of this same relentless, self-consuming pursuit. To understand this dynamic, one can turn to literature—and to Charles Dickens’ Oliver Twist. In one of the novel’s most haunting scenes, young Oliver, starving in the workhouse, dares to utter the words: “Please, sir, I want some more.” This simple plea encapsulates the essence of human desire—the urge for more. But it also mirrors the perilous craving that drives the self-destruct trajectory. Like Oliver, society keeps asking for “more”—more wealth, more power, more success—without considering the consequences of endless wanting.
The workhouse itself symbolises the system of constraints and boundaries that ambition often seeks to defy. Oliver’s courage to ask for more represents the daring spirit of human aspiration—but it also exposes the risk of defying limits without reflection. Mr. Bumble, the cruel overseer, obsessed with authority and control, embodies the darker forces that sustain this destructive cycle: greed, pride, and the illusion of dominance. Through this lens, Dickens’ tale becomes a timeless metaphor for the modern condition—a warning about what happens when ambition blinds compassion and growth eclipses humanity. Avoiding the self-destruct trajectory requires a radical rethinking about success. True progress should not be measured solely by accumulation, but by balance—by how growth serves people, planet, and purpose.
This calls for a more holistic approach to achievement, one that values sustainability, empathy, and integrity alongside innovation and expansion
Individuals must learn to pace their pursuit of goals, embracing rest, reflection, and meaningful relationships as part of a full life. The discipline of “enough”—knowing when to stop striving and start appreciating—can restore both mental well-being and moral clarity. Organisations, on their part, must reimagine what it means to succeed: prioritising employee welfare, practising environmental stewardship, and embedding social responsibility in the core of their mission. Governments and policymakers also play a vital role. They can champion sustainable development through laws and incentives that reward ethical practices and environmental responsibility. By investing in education, renewable energy, and equitable economic systems, they help ensure that ambition is channeled toward collective benefit rather than collective ruin.
Corporate Social Responsibility (CSR) provides a tangible pathway for this transformation. When businesses take ownership of their social and environmental impact—reducing carbon footprints, supporting local communities, and promoting fair labour—they not only strengthen society but also secure their own long-term stability. Sustainable profit is, after all, the only kind that endures. Ultimately, avoiding the self-destruct trajectory is not about rejecting ambition—it is about redefining it. Ambition must evolve from a self-centred hunger for more into a shared pursuit of the better. We must shift from growth at all costs to growth with conscience. The future will belong not to those who expand endlessly, but to those who expand wisely. By embracing restraint, compassion, and sustainability, we can break free from the cycle of self-destruction and create a new narrative—one where success uplifts rather than consumes, and where progress builds rather than burns.
In the end, the question is not whether we can grow, but whether we can grow without losing ourselves. The choice is ours: to continue along the self-destruct trajectory, or to chart a more balanced, humane, and enduring path toward greatness.
Sylvia ThankGod-Amadi
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