Here, we explore GDP per capita of the four countries from 1970 – 2018. These countries have a few things in common: Great growth prospects, large populations, three out of four are resource-rich and are ...
Nigeria’s Inflation rate stood at a 43-month low at 11.02% in August 2019. What worries me is the astronomical increase in the Consumer Price Index (CPI), which is simply an accumulation of prices. Between January ...
Part of the reason why the Nigerian economy has not made significant progress in reducing unemployment and poverty is largely as a result of the gradual decline of the Manufacturing sector. From contributing close to ...
Over the last few decades, the growth of the Nigerian economy has not led to a reduction in unemployment rate. Nigeria’s economic growth model needs a rethink and placing priority on inclusiveness should be a ...
Nigeria has a major unemployment challenge. Nigeria’s population is expanding at 3.2% per annum. Data from the NBS show that an average of 4.8 million Nigerians entered into the labour market from 2015 to 2018, ...
From 2000 to 2012, Nigeria experienced high GDP growth rate which averaged 7.2%. However, during the same period, poverty and unemployment rate increased. Why the weak link between GDP growth and poverty/unemployment? One major reason ...
Wilson speaks about the N30,000 minimum wage
I had a discussion on issues around Inclusive Growth and macroeconomic trends in Nigeria
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