ABSTRACT Nigeria returned to democratic rule in 1999 with the enthusiasm to chat new political and socio-economic dispensation. The introduction of National Economic Empowerment and Development Strategy (NEEDS) as a medium term planning strategy was a blueprint for new order. It contains all the envisaged policies and programmes of the federal government for the period 2003-2007 and far beyond, and serves as the fountain of the much-touted Obasanjo’s reforms. NEEDS is not only a macr...