Rebuilding Nigeria for Sustainable Growth
Recent developments in the economy once more bring to the fore the need to take actions that would wean the economy from excessive reliance on crude oil earnings for survival as well as address the structural imbalances in the country, writes Obinna Chima The Nigerian economy is currently in a bad shape. This is visible in the dire picture of the country’s statistics. No doubt, the disruption caused by the COVID-19 and the significant drop in the price of crude oil worsened the situation in the country. Indeed, recent data from the National Bureau of Statistics showed that Nigeria’s real ...