Relationship between Economic Growth and Community Development -Nigerian Examples
Relationship between Economic Growth and Community Development
-Nigerian Examples
By
John Paul Akinduro
Post Graduate Diploma (Blended)
Submitted to:
The School of Media and Communication
Pan Atlantic University, Lagos
November 2013
Table of contents
Abstract……………………………………………………………………………………3
Methodology…………………………………………………………………………….3
Introduction……………………………………………………………………………..4
What is Economic Growth………………………………………………………....4
What is Community Development………………………………………….…...4
What is Community Development……………………………………………....5
Does Economic Growth mean Community Development………………..5
Economic Growth in Nigeria………………………………………………………..7
Nigeria’s democracy and Economic Growth……………………………………8
Is Nigeria a developing nation……………………………………………………13
Practical approach to Community Development-
The Nigerian case………………………………………………………………….….17
Achieving the MDGs – Ondo State example…………………………………..20
References………………………………………………………………………………..21
Abstract
The study of economic growth in relation to community development cannot be overemphasized. Community development is not all about economic growth. This study reveals how and when a country, using Nigeria as a case study, can be said to be developing having experienced economic growth. It tells the story of different sectors of the economy, painting the picture of Nigeria before its return to democratic rule in 1999, juxtaposing its earnings from crude oil over a period of time with respect to the development of the people of Nigeria. It considers availability of key and basic infrastructures and population growth. The study below also elucidates various interventionist programmes and the transformation agenda of President Goodluck Jonathan. Finally, it presents a workable template using the Ondo State example.
Methodology
Analyzing economic growth is a sophisticated exercise. Here we employ data such as the World Development Indicators, from the World Bank. This
-Nigerian Examples
By
John Paul Akinduro
Post Graduate Diploma (Blended)
Submitted to:
The School of Media and Communication
Pan Atlantic University, Lagos
November 2013
Table of contents
Abstract……………………………………………………………………………………3
Methodology…………………………………………………………………………….3
Introduction……………………………………………………………………………..4
What is Economic Growth………………………………………………………....4
What is Community Development………………………………………….…...4
What is Community Development……………………………………………....5
Does Economic Growth mean Community Development………………..5
Economic Growth in Nigeria………………………………………………………..7
Nigeria’s democracy and Economic Growth……………………………………8
Is Nigeria a developing nation……………………………………………………13
Practical approach to Community Development-
The Nigerian case………………………………………………………………….….17
Achieving the MDGs – Ondo State example…………………………………..20
References………………………………………………………………………………..21
Abstract
The study of economic growth in relation to community development cannot be overemphasized. Community development is not all about economic growth. This study reveals how and when a country, using Nigeria as a case study, can be said to be developing having experienced economic growth. It tells the story of different sectors of the economy, painting the picture of Nigeria before its return to democratic rule in 1999, juxtaposing its earnings from crude oil over a period of time with respect to the development of the people of Nigeria. It considers availability of key and basic infrastructures and population growth. The study below also elucidates various interventionist programmes and the transformation agenda of President Goodluck Jonathan. Finally, it presents a workable template using the Ondo State example.
Methodology
Analyzing economic growth is a sophisticated exercise. Here we employ data such as the World Development Indicators, from the World Bank. This
References: INVESTOPEDIA. (n.d.). Economic Growth. Retrieved from www.investopedia.com: http://www.investopedia.com/terms/e/economicgrowth.asp National Directorate of Employment. (n.d.). NDE MANDATE. Retrieved from www.ndeng.org: http://ndeng.org/ National Poverty Eradication Programme (NAPEP. (n.d.). Report on vision 2020. Retrieved from www.napepnigeria.org: http://www.napepnigeria.org/Articles/ReportOnVision2020.aspx OKAFOR, I. A.-N. (2013, SEPTEMBER 27). NNPC Earns U.S. $20.9 Billion from Crude Oil Sales. THISDAY Newspaper . Subsidy Reinvestment & Empowerment Programme (SURE-P). (2012, November). Expenditure Summary. SURE-P: The Journey So Far . The World Bank. (2012). World Development Indicators. Retrieved from www.worldbank.org: http://data.worldbank.org/country/nigeria#cp_fin UNICEF. (2008). Water and Sanitation Summary Sheet. Retrieved from www.unicef.org: http://www.unicef.org/nigeria/ng_media_Water_sanitation_summary_sheet.pdf UNITED NATIONS. (2012). MILLENIUM DEVELOPMENT GOALS AND BEYOND 2015. Retrieved from www.un.org: http://www.un.org/millenniumgoals/stats.shtml U.S. Energy Information Administration. (2011). Independent Statistics and Analysis.