This study was carried to investigate into a study of the impact of transformation agenda of President Goodluck Ebele Jonathan in Nigeria (a case study of Abia State). Nigeria had embarked on different policies and programs for her development since independence. This paper examines President Goodluck Ebele Jonathan Transformation Agenda that projected Nigeria occupying the twentieth economically developed nation by in 2020. The study is descriptive and relied primarily on secondary sources of data collection. It adopted GDP per capita and growth rate as an indices and compound interest formula to determine the development gap and growth rate between Nigeria and Brunei for it to occupy the 20th position in the world by the year 2020. It found that the Agenda had impacted positively on each sector of the agenda but the effect was not significant enough to overcome the challenges of poverty, unemployment, security and industrialization. The study further found that the challenges that are hindering the successful achievement of the Transformation Agenda’s objectives include but not limited to corruption, poor governance, inconsistency in policy formulation and implementation. The study concludes that with good leadership and genuine commitment to the goals, the target could be attained as Nigeria is blessed with ample natural and human resources. The study recommends the need to take bold steps towards exploiting the maximum benefits, opportunities and strengths of the Transformation Agenda and alongside reducing the challenges facing it through good governance.