However in the resource rich economy it is much belated in terms of deployment and institutionalisation in the developing Economy.When I proposed that our economy can grow by 2,000percent to give us GDP of $90tr.in five years with three hundred jobs created in first three years in excess of our population,some public dignitaries were bumfuzzled and too alarmed to challenge it.

To be candid,in my further research I discovered shocking data that lends credence to the strategic possibility of this impossibility.Total Natural resources rents as percentage of GDP in nigeria according to World Bank in 2020 in the official collection of development indicators,stood at 6.2292% of GDP.This was sourced in June of 2023 from World Bank in terms of actual values, historical data, forecast and Projections.

Total natural resources rents comprises of sum of oil rents , natural gas rents coal rents hard and soft mineral rents , forest rents etc.For instance mineral rents the difference the Production value for stock of minerals at current world prices and total cost of production.They Included in the calculation Tin,gold, copper, nickel , bauxite, phosphate, silver ,lead ,zinc and iron.Total mineral rents contribution was reported at 0.00517% of GDP .

Moreover , while natural gas rents in terms of historical data, the forecast, Projections and actual values stood at 0.77239% in 2020;oil rents in total stood at 4.4097% of Employment in agriculture provides as percentage of the total employment stood at 34.66% in 2022.

The world Bank has disclosed that nigeria and other mineral rich can double their revenue base from natural mineral deposit.In the statement announcing the new Africa's Resource Future report with better set of policies reform Initiatives Investment in better fiscal management and good governance,they can double their revenue from mineral Resources.That they capture only 40% of potential revenue arising from the sector.It could be a resource curse if it couldn't be used to create national wealth.This silk of dillemma is facing nigeria today.

Nigeria holds over 187 trillion cubic feet of proven Gas Reserves in 2017 ranked 9th worldwide and 3%of global total natural gas Reserves of 6,923tcf.About 306.3 times its annual consumption to last a tercentenary above at current consumption level excluding unproven reserves or half a Millennium like natural resources.

Federal government also said proven gas Reserves value of about 206.53trillion tcf worth over $803.4tr.It could tripple if we estimate both proven and unproven gas Reserves at $2.409quadrillion.The minister of state for Petroleum resources Timipre Sylva unveiled this fact at the 2022 Annual public  lecture of the Nigerian society of engineers in Abuja.This shows nigeria as gas province has almost fifty times gas than oil in it.And removing prejudice from World body the nation has the world largest gas Reserves considering the fact that no country elsewhere around the world flares 95percent of her gas resources annually the way she does and yet still have vast abundance left.Moreso as we concentrated on natural gas not associated gas and I think it s quite strange,I must say.

With almost 1,500oil blocks, nigeria estimated proven oil natural Capital using OPL245benchmark  at $500b.for close to ten billion barrels could be close to $1quadrillion or $800tr.though not at current prices.At current prices,$70pbd for fifty billion barrels estimated at $350b.

About 88percent of oil blocks are owned by multinational oil companies and once we reduce Capital flight we should create massive domestic wealth transfer in the country.

With this kind of resources , unique Development indicators and robust macroeconomic framework,we can grow by 100%,200%500%,1000%,2000%.Nothing is impossible in the country.