Nigeria must remove fuel subsidies and channel the funds to critical sectors of its economy.
- Professor of Economics & Business, Allegheny College
Nigeria’s post COVID-19 economic recovery plan has resulted in only marginal improvements in economic growth, manufacturing and foreign direct investment.
To non-economists, the World Bank ranking Nigeria fifth on the list of its top ten debtor countries is alarming. A deeper analysis shows there is no cause for concern.
Youth unemployment in Nigeria is a skills mismatch problem – corporations can’t find suitable workers in the midst of a large pool of unemployed workers.
Nigeria needs more industrial production, foreign and domestic investment, not just handouts.
President Buhari’s Post COVID-19 economic recovery plan is neither novel nor ground-breaking.
Scholars explain important moments in the Democratic presidential debate on Dec. 19.
Border closure is an implicit admission of the ineptitude and incompetence of Nigeria’s customs and immigration officers
Nigeria’s high unemployment rate has created a bloated and unproductive informal sector.
Most of the things Nigerians complained about in 2015 are still unresolved – unemployment, poverty and economic disempowerment.
Many of the structural and institutional deficiencies that caused the collapse of Nigeria Airways are still present.
It’s inconceivable that military prowess can offer long-term solutions to Nigeria’s deep-rooted institutional problems.
Nigeria’s economy is indeed under severe strain but sub-Saharn Africa’s most populus nation won’t solve its economic problems via an emergency national confab.
Muhammadu Buhari could learn some useful lessons from Barack Obama when they meet in Washington, particularly on how to get an economy back on its feet.
Nigeria has been among the fastest growing economies this past decade but only 25% of the country’s population has benefited from this growth, leaving the majority trapped in the informal sector.
How realistic are expectations about Africa’s economic prospects? There are several reasons why we should be both optimistic and cautious about the continent’s future economic performance.
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