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Author: Raffaello Cervigni
Publisher: World Bank Publications
ISBN: 0821399268
Category : Business & Economics
Languages : en
Pages : 189
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Book Description
The Federal Government of Nigeria has adopted an ambitious strategy to make Nigeria the world’s 20th largest economy by 2020. Sustaining such a pace of growth will entail rapid expansion of the level of activity in key carbon-emitting sectors, such as power, oil and gas, agriculture and transport. In the absence of policies to accompany economic growth with a reduced carbon foot-print, emissions of greenhouse gases could more than double in the next two decades. This study finds that there are several options for Nigeria to achieve the development objectives of vision 20:2020 and beyond, but stabilizing emissions at 2010 levels, and with domestic benefits in the order of 2 percent of GDP. These benefits include cheaper and more diversified electricity sources; more efficient operation of the oil and gas industry; more productive and climate –resilient agriculture; and better transport services, resulting in fuel economies, better air quality, and reduced congestion. The study outlines several actions that the Federal Government could undertake to facilitate the transition towards a low carbon economy, including enhanced governance for climate action, integration of climate consideration in the Agriculture Transformation Agenda, promotion of energy efficiency programs, scale-up of low carbon technologies in power generation (such as renewables an combined cycle gas turbines), and enhance vehicle fuel efficiency.
Author: Raffaello Cervigni
Publisher: World Bank Publications
ISBN: 0821399268
Category : Business & Economics
Languages : en
Pages : 189
Get Book Here
Book Description
The Federal Government of Nigeria has adopted an ambitious strategy to make Nigeria the world’s 20th largest economy by 2020. Sustaining such a pace of growth will entail rapid expansion of the level of activity in key carbon-emitting sectors, such as power, oil and gas, agriculture and transport. In the absence of policies to accompany economic growth with a reduced carbon foot-print, emissions of greenhouse gases could more than double in the next two decades. This study finds that there are several options for Nigeria to achieve the development objectives of vision 20:2020 and beyond, but stabilizing emissions at 2010 levels, and with domestic benefits in the order of 2 percent of GDP. These benefits include cheaper and more diversified electricity sources; more efficient operation of the oil and gas industry; more productive and climate –resilient agriculture; and better transport services, resulting in fuel economies, better air quality, and reduced congestion. The study outlines several actions that the Federal Government could undertake to facilitate the transition towards a low carbon economy, including enhanced governance for climate action, integration of climate consideration in the Agriculture Transformation Agenda, promotion of energy efficiency programs, scale-up of low carbon technologies in power generation (such as renewables an combined cycle gas turbines), and enhance vehicle fuel efficiency.
Author: Raffaello Cervigni
Publisher: World Bank Publications
ISBN: 0821399241
Category : Business & Economics
Languages : en
Pages : 215
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Book Description
If not addressed in time, climate change is expected to exacerbate Nigeria’s current vulnerability to weather swings and limit its ability to achieve and sustain the objectives of Vision 20:2020 [as defined in http://www.npc.gov.ng /home/doc.aspx?mCatID=68253]. The likely impacts include: • A long-term reduction in crop yields of 20–30 percent • Declining productivity of livestock, with adverse consequences on livelihoods • Increase in food imports (up to 40 percent for rice long term) • Worsening prospects for food security, particularly in the north and the southwest • A long-term decline in GDP of up to 4.5 percent The impacts may be worse if the economy diversifies away from agriculture more slowly than Vision 20:2020 anticipates, or if there is too little irrigation to counter the effects of rising temperatures on rain-fed yields. Equally important, investment decisions made on the basis of historical climate may be wrong: projects ignoring climate change might be either under- or over-designed, with losses (in terms of excess capital costs or foregone revenues) of 20–40 percent of initial capital in the case of irrigation or hydropower. Fortunately, there is a range of technological and management options that make sense, both to better handle current climate variability and to build resilience against a harsher climate: • By 2020 sustainable land management practices applied to 1 million hectares can offset most of the expected shorter-term yield decline; gradual extension of these practices to 50 percent of cropland, possibly combined with extra irrigation, can also counter-balance longer-term climate change impacts. • Climate-smart planning and design of irrigation and hydropower can more than halve the risks and related costs of making the wrong investment decision. The Federal Government could consider 10 short-term priority responses to build resilience to both current climate variability and future change through actions to improve climate governance across sectors, research and extension in agriculture, hydro-meteorological systems; integration of climate factors into the design of irrigation and hydropower projects, and mainstreaming climate concerns into priority programs, such as the Agriculture Transformation Agenda.
Author: Nigeria. National Planning Commission
Publisher:
ISBN:
Category : Capacity building
Languages : en
Pages : 140
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Book Description
Author:
Publisher:
ISBN:
Category : Development plans
Languages : en
Pages : 142
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Book Description
Author: Michael O. Onolememen
Publisher: Routledge
ISBN: 1000026353
Category : Political Science
Languages : en
Pages : 165
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Book Description
This book examines the politics and economics of infrastructure development in Nigeria from Independence in 1960 up to 2015, and the role of good governance in promoting the socioeconomic wellbeing of citizens. Arguing for the need for transformational leadership in infrastructure development, the chapters examine policy issues and survey the various administrative, economic, and social-political reforms that have impacted infrastructure development in Nigeria. The author also discusses current national development plans and Vision 20:2020; challenges to infrastructure development, including corruption; and the future potential of a strong infrastructure network for the economy and citizens. Drawing upon his experience within government departments, as well as existing models of leadership and governance, the author explores the role of infrastructure development in promoting the wellbeing and growth of Nigeria. Combining theory with practical examples of good governance, this book will be of interest for students and researchers of political science and infrastructure development in Africa.
Author:
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 138
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Book Description
Author: Stephen B. Oladipo PhD
Publisher: Xlibris Corporation
ISBN: 1669862186
Category : Reference
Languages : en
Pages : 252
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Book Description
Economic conditions have vital roles to play in people's experience and perceptions of a place while socioeconomic status equally affects almost all aspects of human life, including security of lives and property. The book:”Vision 20: 2020 and the menace of vandalism” is a policy guide and direction signaling material. It pictures this global projection which the late President Umar Musa Yar'adua highlighted in his agenda as a dream towards attaining the nation's golden age. The book was equally written to propel the Nigerian government as well as her economic handlers to work towards the nation’s emergence as one of the 20 most economically viable nations of the World. Clearly, the book centers around the dream of development for the Nigerian economy. It analyzes the variables for and, the debacles against the attainment of the stated economic vision. More precisely, the book was written to re-echo the prophesy of economic prosperity for Nigeria as predicted by the World Bank when the country showed signs of possibilities around mid 2000s. The administration of President Olusegun Obasanjo (rtd) had successfully paid off one of the economic ravaging loans to Paris Club, the creditor. This accomplishment repositioned Nigeria for greatness with a vision to rank among the top 20 economies around the world in 2020. This tall expectation informed the need for holistic review of the nation’s internal potentials and the threats of saboteur which range from growing insecurity to wanton vandalism of infrastructures, including crude-oil pipelines. Crude-oil accounts for approximately 65% of the nation’s revenue. This reality directly ties the fate of the envisioned economic attainment to the effective protection of this sector. Fulfillment of responsibility becomes imperative for Nigeria Security and Civil Defense Corps in conquering the war of vandalism to set Nigeria on the path of fulfilling global economic prediction. The book advanced other measures to attaining economic stability in Nigeria. Well structured policies, strong political will and financial discipline were among other suggested measures.
Author: World Bank
Publisher: World Bank Publications
ISBN: 1464814414
Category : Business & Economics
Languages : en
Pages : 254
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Book Description
Doing Business 2020 is the 17th in a series of annual studies investigating the regulations that enhance business activity and those that constrain it. It provides quantitative indicators covering 12 areas of the business environment in 190 economies. The goal of the Doing Business series is to provide objective data for use by governments in designing sound business regulatory policies and to encourage research on the important dimensions of the regulatory environment for firms.
Author: Cesar A.V. Queiroz
Publisher:
ISBN:
Category :
Languages : en
Pages : 44
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Book Description
Author: Ismail Radwan
Publisher: World Bank Publications
ISBN: 0821381970
Category : Business & Economics
Languages : en
Pages : 192
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Book Description
Nigeria has a bold national vision of becoming one of the world s top 20 economies by 2020. However, despite being the 8th most populous country in the world, it ranks 41st in terms of GDP and 161st in terms of GDP per capita. Nigeria has long depended on oil for its exports and government revenues. This dependence has led to rent seeking and a reluctance to examine potential avenues for economic diversification. The authors of 'Knowledge, Productivity, and Innovation in Nigeria' believe that the goal of becoming a top-twenty economy can only be achieved if Nigeria makes the transition to a new economy rooted in the 21st century that harnesses the power of knowledge and avoids a static oil-based growth strategy. Knowledge has always been central to development, but new technologies have made it globally accessible. Countries such as the Republic of South Korea, India, and the United States that have exploited new technologies and know-how have pushed their innovation and productivity frontiers. Countries that have failed to do so risk remaining mired in poverty. In order to achieve Vision 2020, Nigeria must move beyond the stop-start patterns of oil-based development that have characterized it since independence. It must create a stable and prosperous economy based on a critical mass of knowledge workers. Knowledge, Productivity, and Innovation in Nigeria examines how Nigeria can prepare for this century and where its leaders can focus to achieve their vision, presenting the experiences of other countries from which Nigeria can learn.
