CRITICAL ANALYSIS OF THE PERFORMANCE OF NATIONAL ECONOMIC EMPOWERMENT AND DEVELOPMENT STRATEGY NEEDS ON THE NIGERIAN ECONOMY
This research work, “Critical analysis of the performance of the National Economics Empowerment and Development Strategy (NEEDS) on the Nigeria Economy, (A Case Study of Enugu State)” seeks to look at the major causes of Nigerians Economic Misfortunes and his is greatly attributable to the poor industrial capacity utilization, massive unemployment and underemployment, high late of inflation, high poverty rate, poor wealth distribution, Mono-cultural economy (oil) high rate of corruption, etc. The main objectives of this research are to find out if NEEDS has made any impact on the Enugu State and to analyses such impacts. To achieve the above stated objectives, a systematic research methodology was adopted. Good research questions were used on the sample such as the government, the private sectors, and the public and donor communities. From the data gathered here, it was discovered that in as much as the government has been playing its economic development role fairly well by adopting several failed economic reform programmes in the past, the economic debacle of Nigeria persists and this case for NEEDs. In this research work the simple size is 40 and the sampling techniques is random sample used as probability proportionate i.e. 50 and methods of data collecting is questionnaire, Interview etc. Based on the findings of this study, the following recommendations were made amongst others, (i) The level of awareness of NEEDs is too low that over 70% of the country’s populations one yet in the dark about it. (ii) The institution responsible for the implementation of NEEDs should be headed by well-qualified citizens of Nigeria with remarkable integrity.
This chapter is talking all about (NEEDs). National Economics Empowerment and Development Strategy. NEEDS is Nigerian’s plan for prosperity. It is a way of letting the international communities know where Nigeria stands in the region and in the world and how it wishes to be supported.
NEEDS is the people’s plan. It is up to regular Nigerians as well as government to see that it is implemented.