Research Document: Building a Stairway for Shared Prosperity for all Nigerians


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Posted Tue, May 16, 2023 12:50 PM

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Nigeria's economy has been performing poorly relative to the country's population growth rate of about 3.25 percent per year. The country's productivity is extremely vulnerable to shocks and insufficient to create new economic opportunities with the current growth performance.

Inadequate infrastructure, tariff and non-tariff barriers to trade, obstacles to investment, lack of confidence in currency valuation, and limited foreign exchange capacity are just some of the structural factors impeding Nigeria's productivity, culminating in poor economic growth. 

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