and regulations. It appears to be a plausible explanation for poor service delivery by both public and private-sector institutions. A return to a value system that recognises the merit of enterprise, dignity, integrity and morality is being promoted in the media, academia, government, faithbased organisations, traditional leadership institutions and in several other sectors of society. These efforts could be supported by critical discourse on national consciousness, by a civic education campaign at all levels and, where appropriate, by sanctions. Special issues are those that are unique to Nigeria. They include the Lagos megalopolis and the economics of the Nigerian film industry (Nollywood). 6. THE PROGRAMME OF ACTION 6.1 The government of the Federal Republic of Nigeria has indicated that it is committed to taking full advantage of the opportunities for deepening sustainable good governance by implementing the NPoA diligently. The estimated budget for implementing the NPoA is approximately US$20 billion. The implementation of the NPoA will be undertaken by the three tiers of government on the basis of a formula to be adopted after due consultations. However, the overall governance and oversight of the NPoA will rest with the NWG, which will collaborate with the Joint Monitoring and Evaluation Committee. 7. CONCLUSION Key strengths and challenges Strengths Population, manpower and human resources 7.1 With the largest population in Africa, Nigeria has a large pool of trained manpower capable of governing well and managing the economy efficiently. Natural resource base 7.2 Nigeria is the largest oil producer in Africa and the seventh-largest in the world. This stock of natural resources, along with its fertile soil and pleasant climate, gives the country the potential to build a prosperous economy, reduce poverty significantly, and provide the basic social and economic services that its population needs. Nigeria, a regional and global powerhouse 7.3 Nigeria is one of Africa’s giants and a force to contend with globally. It features regularly as a leading performer in the West African region and on the African continent, particularly in the cultural, economic, social and financial arena. 23