I think the 2020 date is feasible, only if the governments in Nigeria (federal and state) and the private sector would need to invest heavily in the following areas:Road transport- about $12 billion; Rail transport- $1 billion; Aviation- $2 billion; Electricity- $20 billion and; $2 billion in secondary and tertiary education.That is a total of $37 billion. I'm afraid that the majority of posters here are right; it would indeed take a miracle for such investments to be made in the next 7 years.

These estimates exclude the ongoing developments of Eko Atlantic City, several IPPs, Lekki Free Trade Zone, Ibaka Deep SeaPort and other developments that started before the year 2013.

Op is this a serious article or is this a comedy?

One_Naira: Op is this a serious article or is this a comedy?

It's a serious article o. It is not an Onion piece

CFCfan: I think the 2020 date is feasible, only if the governments in Nigeria (federal and state) and the private sector would need to invest heavily in the following areas:Road transport- about $12 billion; Rail transport- $1 billion; Aviation- $2 billion; Electricity- $20 billion and; $2 billion in secondary and tertiary education.That is a total of $37 billion. I'm afraid that the majority of posters here are right; it would indeed take a miracle for such investments to be made in the next 7 years.

These estimates exclude the ongoing developments of Eko Atlantic City, several IPPs, Lekki Free Trade Zone, Ibaka Deep SeaPort and other developments that started before the year 2013.

You forgot to include how much will be stole from the project even if the miracle could ever come to pass.
Remember the $12.8B oil windfall and the $16B electricity project all are unforseen hope and empty written contract, what we just need is a complete turnaround of the system where the old wine will be thrown away together with the bottle and new wine brougth in which are the vibrant, merited and capable young individuals who can get the job done without sentiments.

does it mean there will still be nigeria by 2020? liar. even if there will be nigeria then, what will happen to corruption and pdp? enough of these useless hopes here and there.

CFCfan: I think the 2020 date is feasible, only if the governments in Nigeria (federal and state) and the private sector would need to invest heavily in the following areas:Road transport- about $12 billion; Rail transport- $1 billion; Aviation- $2 billion; Electricity- $20 billion and; $2 billion in secondary and tertiary education.That is a total of $37 billion. I'm afraid that the majority of posters here are right; it would indeed take a miracle for such investments to be made in the next 7 years.

These estimates exclude the ongoing developments of Eko Atlantic City, several IPPs, Lekki Free Trade Zone, Ibaka Deep SeaPort and other developments that started before the year 2013.

You'd probably need something like $350bn to actualize these developments. What with our profligiate, patronage-based and corruption-riddled political system, dwindling oil output, and global recession, we are not likely to find that kinda money.

People should just stop all this 'washing'. It's scandalous and embarassing.

coolzeal:

damn!!! thought i was arguing with someone reasonable. dude, what has desert got to do with this post. Am out.

To be fair to the OP he said "dessert" and not "desert" as you reported. But I am not sure how you can be stranded in a dessert - the sweet end of meal serving.

One_Naira: Op is this a serious article or is this a comedy?

loooool comedy of course unless i become in power

If this is coming from Goldman Sachs, let us be careful.

RanchOwner: If this is coming from Goldman Sachs, let us be careful.

Yeah, Goldman Sachs is a thoroughly discredited institution.

We don't need devils to tell us about the future of our nations. Stay away from metu you devils.

Mr you dont have the credibility to tell nigerians these.

hahahaha

RUGA industrialization.

OneNaira6:
Op is this a serious article or is this a comedy?

Turns out to be a comedy