Millennium Development Goals Analysis

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Overview of the Millennium Development Goals

Millennium Development Goals (MDGs) are a linked set of objectives – a portfolio of targets that represent a coherent assault on the problem of development (Hall, 2005). It expresses the shared commitment made by the Global community to fight poverty. The MDGs was endorsed by 189 nations as international commitment to the priorities for achieving sustainable development (CGIAR, 2005). It has 8 goals, 18 targets and 48 performance indicators on poverty reduction, human well-being, social opportunities, economic conditions and a healthy natural environment. Broadly, these goals are:
 Eradicate extreme poverty and hunger.
 Achieve universal primary education.
 Promote gender equality and empower
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He cited the membership of Nigeria in the Developing Eight (D-8), consisting of Nigeria, Iran, Indonesia, Turkey, Egypt, Bangladesh, Pakistan and Malaysia who unanimously agreed to promote trade among themselves through reforming their custom services and other policies that hinders the free flow of goods and services across their borders. This we believe is crucial to the fulfillment of MDGs objectives and targets. He advocated for attraction of FDI in the agriculture and manufacturing sectors as crucial to MDGs goals achievements as it has the capacity to increase job creation and reduce poverty knowing that about 70% of the rural populace engage in agriculture and a strong relationship between agriculture and manufacturing. Aribigbola (2009) studied the institutional constraints to achieving the MDGs in Africa, using the example of Akure Millennium City and Ikaram/Ibaram Millennium Villages both in Ondo states, and observed that although both the Millennium City and Millennium Village projects have taken off as programmed, the effect of the programme has not been widespread especially in Akure, though the effect of the programme seems visible in the…show more content…
Another area of concern as noted by Oh is the post MDGs implementation periods, in other words, what become of MDGs after 2015. He argued that since MDGs focus mainly on building up infrastructure to produce more public goods, chances are that poor funding may set in after 2015, the terminal year of MDGs, at this point, he asked what becomes of successful MDGs projects. Roy (2005) appreciates the global commitment to move about 50 percent poor people in the world out of extreme poverty by 2015 through MDGs projects. However, he advocated for a more thorough approach on the ground that not just 50 percent, but 100 percent of the people living in poverty should be elevated. He explained that if we still had 40 percent or 50 percent of humanity struggling to subsist at between one and two dollars a day, then we needs a deeper approach to fighting poverty. He equally observed that MDGs pay little or no significant attention to poverty in the urban economy, he is of the opinion that the MDGs should focus as well on provision of decent employment in the productive sector for urban dwellers. He advocated for restructuring of the tax system which he described as being regressive currently based on
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