Friday, June 2, 2017

PERSPECTIVE PLANNING

PERSPECTIVE PLANNING
During the formation of the fifth plan, a major innovation in planning strategy in Nigeria was introduces. It was felt that limiting the life span of development plans to five years had not allowed for long-term view of the problem of the country, therefore, government decide on a 20-year perspective plan for the period of 1998-2008. Thus, the first phase of the perspective plan would constitute the fifth national development plan.
The perspective plan is expected to put in place a solid base for the long-term development of the economy especially with respect to some key sectors namely; agriculture, manufacturing mining, education, transport and utilities and energy.

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