Passion.
The world has been taken by a storm- COVID-19. In addition to its devastating impact on human lives, the virus and its associated impacts have resulted in a sharp drop in crude oil prices to below US$20 per barrel in April from US$70 per barrel at......
On the 28th of April 2020, I (Wilson Erumebor) was interviewed by Africa Business Radio and we discussed the effect of the crash in crude oil price and the outbreak of Covid-19 on the Nigerian Economy. Below is the transcript of the interview. Interviewer: This global......
In May 2020, the National Bureau Statistics (NBS) released 2019 Consumption Expenditure Pattern in Nigeria. According to the NBS, the purpose of this report is to portray household consumption expenditure types by food and nonfood items at the national, zonal level, and state level, and......
On Friday, February 28, 2020, Nigeria reported the first confirmed case of the Corona virus. Prior to this, Nigeria has been feeling the impact of the virus through declining crude oil prices in the international market. Oil price (Bonny light) declined from US$70 per barrel (pb) in January 2020 to US$50pb on February 28th, below the 2020 budget......
By the year 2050, Nigeria’s population will more than double its current size to reach 402 million, making Nigeria the third most populous country in the world. Also, in 2050, 67% will be below 35 years and about 62% will fall in the working age......
In August 2019, the Nigerian government announced the partial closure of land borders in the country. The move was accentuated into a full closure in October with the government citing smuggling and lack of adherence to ECOWAS treaty by neighbouring countries as reasons. A month......
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