Made in Nigeria

The quest by Nigeria to transform its economy from one dominated by export of primary resources to an industrialized one, with a diversified source of foreign exchange and government revenues, began after independence in 1960. In pursuing industrialization, Nigeria adopted state-led Import Substitution Industrialization strategy in the 1960s and 1970s. The 1980s saw the implementation…… Continue reading Made in Nigeria

Published
Categorized as Economy

Transforming Agriculture

President Muhammadu Buhari has made transforming agriculture a centre piece of his economic strategy. The president got it right because agriculture holds the key to Nigeria’s economic breakthrough. But is his government implementing the right policies and programs that will unleash the productivity gains that Nigeria desperately needs? Agriculture is important because it provides the…… Continue reading Transforming Agriculture

Published
Categorized as Economy

How can Nigeria reduce youth unemployment?

Nigeria recently celebrated sixty years of independence. It was a time for deep reflection on the numerous opportunities Nigerian leaders missed to improve the quality of life of the majority. Therefore, it is not surprising that the strong dissatisfaction with the quality of life and the scarcity of opportunities in Nigeria have culminated with youths…… Continue reading How can Nigeria reduce youth unemployment?

Published
Categorized as General

End of Oil

A year ago, no one thought that within six months the world will be thrown into chaos with businesses severely disrupted, freedoms curtailed and economies wrecked in a manner not seen since the second World War. The havoc caused by the coronavirus is unprecedented in its speed and spread. No country, rich or poor, was…… Continue reading End of Oil

Published
Categorized as Economy

Why Nigeria Needs Chinese Loans

Nigerians want to be rich and occasionally, as a nation, we behave as if we are. How rich a country and her citizens are, can be measured by Gross Domestic Product (GDP) and GDP per capita. By these measures, Nigerians are, unfortunately, not rich, despite our collective desire to be so. Gross Domestic Product (GDP)…… Continue reading Why Nigeria Needs Chinese Loans

Published
Categorized as Economy