Nigeria Vision 20:2020; Review of Current Status Using Re Development and Gross Domestic
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The Nigerian government has put several economic tools into place to improve on the
economic productivity of the nation. To mention but a few, we have vision 2010 and the sevenpoint
agenda. Many of these economic reforms failed as a result of inadequate plans to improve
the technology. The current economic agenda tagged vision 20:2020 which Nigeria is becoming
one of the top 20 world largest economy for year 2020. However, the area in which the GDP of
the largest world economics are leading is in their continuous research and development of their
engineering technology. The study therefore critically reviewed the current state of the Nigeria
renewable energy development (RE) and its contribution towards gross domestic product in order
for the country to achieve Vision 20:2020. The study also evaluated the current impact of GDP
from 2012-2017 in order to know the area needed for improvement. The result of the assessment
showed that Nigeria will need about US$900 billion of GDP and per capital income of about
US$4000 per annum for successfully become one of the 20 largest economics in the world. This
analysis can only be possible with keen interest in developing the technology.
Keywords
TJ Mechanical engineering and machinery