Asian Journal of Rural Development1996-336xxxxx-xxxxAsian Network for Scientific Information10.3923/ajrd.2011.21.40EnehOnyenekenwa Cyprian 1201111Amidst various reforms agenda, policies, development plans and programmes, Vision 2010, Seven-Point Agenda and a host of others, Nigerian leaders have articulated the Vision 20:2020, which targets to catapult Nigeria into the league of the first global 20 economies by the year 2020. This study used the critical research method to analyze and compare recent development indicators for Nigeria with those of advanced countries, the first 20 of which Nigeria aspires to join in 10 years time. In contrast to the situation in high-income OECD nations, the vast majority of Nigerians are ill-fed, ill-clothed, ill-housed and ill-educated. They live in the rural areas characterized by massive underdevelopment. Poverty is the basic malady of Nigeria which is involved in misery-go-round, as part of the slum of the world economy. Nigerias Vision 20:2020 is, therefore, too ambitious. And, against the backdrop of the antecedents of policy reversals, summersaults and failures in Nigeria, the Vision is utopian. Recommendations include commitment of the leadership to sufficient discipline and political will to enforce development policies and programmes.]]>Abdulhamid, Y.,20082008Adedoyin, M. and A.A. Adegoke, 1995242731Adepetun, A.,20082008African Development Bank,2007Anumnu, C.N.,19951995Anyanwu, J.C.,199494559Auty, R.M.,1993Cairncross, A.K.,2007Chikwem, J.O., I. Mohammed and T. Ola,198966752756Collier, P.,2003Ebigbo, P.O.,20082008Efemini, A.,2003Ekpenkhio, S.A.,20032003Eneh, O.C.,20092009pp: 313319Eneh, O.C.,2008175867Eneh, O.C.,200816146157Eneh, O.C.,2007699122Eneh, O.C.,20053rd Edn.,Eneh, O.C.,2000Epodoi, R.M.,2003Federal Government of Nigeria,20042004FGN and UNICEF,20012001FGN and UNICEF,1997Gorski, P.,20012001Gorski, P.C.,2002102830Gylfason, T.,200145847859Huyer, S.,1997Huyer, S. and T. Sikoski,20032003Ikediashi, A.E.,19861986Independent Policy Group,20062006Jensen, M.,20012001Jhingan, M.L.,200739th Edn.,Kolo, I.A.,19981998Kombol, M.A.,200631128Lawley, E.L.,19931993Losh, S.C.,200315671Madu, C.,200635059Manimekakai, N.,20042004MHDPR,2004Mogu, V.M.,200632937MWASDRS/UNICEF,19991999NBS,2005NBS,2007NBS.,2007NBS,2008NPC,2009Vol. 1,Nigeria Vision 2020,20082008Okigbo, P.,1989Okonjo-Iweala, N. and P. Osafo-Kwaako,20072007Oladapo, A.,20042004Oloko, S.B.A.,1999Oloko, S.B.A.,19991999Onah, F.O.,2006Onyekakeyah, L.,20082008Ozuru, H.N., B.M. Nwibere and I.F. Asiegbu,20092009Pettit, P.,1997Rogers, E.M., 19633rd Edn.,Sachs, J.D. and M.A. Warner,19951995Soubbotina, P.T.,20042nd Edn.,Todaro, P.M. and C.S. Smith, 20028th Edn.,pp: 829pp: 829Tofojomo, L.A., 200636685Transparency International, Cambridge University Press and Water Integrity Network,2008UNIDO,20042004UNIDO,20022002UNDP,20072007UNDP,20052005Vision 2020,20072007