What are the problems of economic planning in Nigeria?
Nigeria’s economic potential is constrained by many structural issues, including inadequate infrastructure, tariff and non-tariff barriers to trade, obstacles to investment, lack of confidence in currency valuation, and limited foreign exchange capacity.
What are the problems of plan?
Watch for these six barriers to effective planning, so you can address the issues that may stop your plan before you launch it.
- Lack of Leadership.
- Excessive Distractions Prevent Effective Planning.
- Lack of Systems.
- Limited Manpower to Complete Tasks.
- Impractical Business Planning.
What are the major economic issues?
6 Major Macro-Economic Issues
- Issue # 1. Employment and Unemployment:
- Issue # 2. Inflation:
- Issue # 3. The Trade Cycle:
- Issue # 4. Stagflation:
- Issue # 5. Economic Growth:
- Issue # 6. The Exchange Rate and the Balance of Payments:
What are the problems of development planning?
Problems of Nigeria’s Development Plan
- Poor Data Collection.
- Conflict between Different Tiers of Government.
- Change of Government Officials.
- Inadequacy of Planning Institutions.
- Corruption.
- Poor Information Availability.
What are the types of economic planning?
What is Economic Planning | Types of Economic Planning & More
- What is Economic Planning?
- Types of Economic Planning.
- Planning by Direction and Planning by Inducement.
- Financial Planning & Physical Planning.
- Indicative Planning & Imperative Planning.
- Rolling Plans & Fixed Plans.
- Centralized & Decentralized Planning.
What are the problems of planning education in Nigeria?
A shortage of accurate statistical data, financial, qualified planners, poor national economic performance, unsuitable governing structures, political interference, and general instability have all contributed to low quality in educational planning.
What are the challenges facing social planning process in the community?
The challenges include inadequate funds for operating and development, inadequate support from the community members due to poor perception and attitude toward CSSs, caused by lack of education and poverty.