Give reasons for development planning in Nigeria.
Explanation
The following are reasons for development planning in Nigeria:
(i) To increase the real income of the average citizen
(ii) To increase the level of employment
(iii) To develop better and more efficient technology
(iv) It is aimed at equal allocation of the country's resources to all sectors of the economy.
(v) Through good development planning, Nigeria's economy will be diversified to many sectors.
(vi) To distribute income more evenly among individuals and . socio-economic groups
(vii) Through good development planning, Nigeria's agricultural and industrial productivity will increase thereby attaining the height of self-sufficiency.
(viii) Development planning offers the essential mechanism for overcoming some obstacles to economic development.
(ix) To increase the participation of citizens in the ownership and management of productive enterprises
(x) To reduce rural - urban migration