Abstract:
This study titled “Re-engineering the National Economic Empowerment and Development Strategy (NEEDS)” is aimed at examining and determining a management approach to be adopted to make the implementation of NEEDS very effective. Specifically, the objectives are to determine the extent to which the poor and unemployed are targeted by NEEDS, how misappropriation of budgeting allocations affects NEEDS implementation and ascertain the efficacy of implementation and coordinating mechanisms for NEEDS among others. Data were collected from both primary and secondary sources. The primary sources were those who completed the questionnaires and those who were orally interviewed. Secondary data were collected from textbooks, journals, magazines, etc. the data were presented in tables as frequency distribution. In the analysis, the techniques of percentage and frequency of the study were; the NEEDS policy targets have not been achieved the shortcomings in the design and implementation of NEEDS policy calls for reengineering of the strategies. In planning, the poor and unemployed have to be properly targeted, programme have to be adequately funded. In organizing, programmes should be streamlined in line with available resources and the relevant MDA’s should be re-organized and manned by men of integrity. In controlling, there should be effective supervision, monitoring and evaluation mechanisms. In all, emphasis should be focused on integrity, transparency accountability, fiscal discipline and collaboration of all NEEDS activities.
