Foreign Policy & Nigeria’s Economic Development

The desire of Nigeria to be counted among the 20 biggest economies in the world by the year 2020 is a clarion call to all Nigerians to pull in the same direction for the realization of our dream. In a rapidly globalizing world, where national economies must become competitive in order to stay afloat, strategic thinking and astute management of national resources are critical for sustainable economic development.

For Nigeria as a country, the challenge has always been how to channel her vast human and natural resources through a framework that will qualitatively transform the standard of living for her teeming population.

The impression which has gained ground worldwide that Nigeria is a very rich country with very poor people should by now be a source of a great anxiety to us as a country.