The paper focuses on the Engineering means of revamping Nigeria Economy, following the United Nation Millennium Declaration at the millennium summit in 2000. The Millennium Development Goals which are to be realized by 2015 area set of developmental targets aimed at affecting measurable improvement in the life of the world’s poorest citizens. The goals are related to poverty reduction, gender inequality, child and material health, combating HIV/AIDS, malaria and other diseases, environmental sustainability, and international cooperation for development. In order to achieve this goal, the Federal government of Nigeria decided to channel a total sum of 100 billion from the 2006 budget into ministries and Agencies for intervention in designed Paris club Debt Relief Gain and programmes with the context of National Economic Empowerment and Development Strategies (NEEDS). However, the aim is to revamp and sustain Nigeria Economic by producing immediate measurable impact on the target communities and adopting a mechanism for monitoring and evaluation of public expenditure on the goals in providing dependable expenditure tracking and impact assessment in the short term, and to be fully institutionalized in the public expenditure management system with long term (OSSAP-MDGs 2006).
