Publications

May 16, 2019

State-owned enterprises

The Nigeria Natural Resource Charter (NNRC) Benchmarking Exercise Report (BER) 2017[1] assessed the operational activities in the nation’s oil and gas sector between 2015 and 2017 against the Natural Resource…

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May 16, 2019

Managing Local Impacts

If managed properly, natural resource exploration could be beneficial to communities where extractive activities take place, either directly through transfer of resource revenues and corporate interventions or through the promotion…

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May 16, 2019

Nigeria Economic Update (Issue 16)

Nigeria’s new national minimum wage bill recently received the President’s assent and was signed into law, subsisting as an Act of Parliament effective from April 18, 20191. The act provides…

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May 15, 2019

Managing Natural Resources for Sustainable Development

In most business schools and development economics classes around the world, Nigeria is used as a textbook case of “resource curse”. With more than USD 1 trillion earned from oil…

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May 8, 2019

Nigeria Economic Update (Issue 15)

Nigeria became the largest remittance-recipient country in sub-Saharan Africa and the sixth largest among low-middle income countries in 2018. The country’s official remittances amounted to $24.3billion in 2018,1 a 10.5%…

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May 8, 2019

Nigeria Economic Update (Issue 14)

Nigeria’s officially recorded debt obligation reached a record high of N24.39 trillion in 2018 relative to the N21.73 trillion in 201721, according to the DMO’s latest debt report. This represents…

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April 25, 2019

Nigeria Education in Focus (Issue2)

Inclusive education implies that education (quantity and quality) is accessible to all children, irrespective of their individual circumstances. However, in Nigeria, some vulnerable groups of children are found to be…

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April 17, 2019

Nigeria Economic Update (Issue 13)

The CBN Monetary Policy Committee (MPC) switched its policy stance to ‘easing’ at the last MPC held on March 25-26, 2019. While holding other policy parameters at previous levels, the…

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April 15, 2019

Is a debt crisis looming in Africa?

concerns about an impending debt crisis in Africa are rising alongside the region’s growing debt levels. As of 2017, 19 African countries have exceeded the 60 percent debt-to-GDP threshold set…

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April 15, 2019

Nigeria Economic Update (Issue 12)

The Nigerian mining and quarrying sector recorded growth in the production of solid minerals in 2018. The total quantity of solid minerals produced rose from 45.7 million tons in 2017,…

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April 11, 2019

Efficiency of Food Reserves in Enhancing Food Security in Developing Countries: The Nigerian Experience

As a policy objective, the attainment of food security in Nigeria began facing challenges prior to independence when oil exportation began in 1958. But the challenges became pronounced and persistent…

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April 8, 2019

Nigeria Economic Update (Issue 11)

Nigeria’s aviation sector witnessed substantial improvements in 2018 in both air passenger traffic and cargo movements. Figures from the Federal Airport Authorities of Nigeria show that the number of passengers…

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April 2, 2019

Nigeria Economic Update (Issue 10)

Nigeria’s balance of payment reversed into surplus in the fourth quarter of 2018, after a third-quarter negative period. As reported by the CBN balance of payment estimates showed significant improvements…

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March 27, 2019

Nigeria Education In Focus (Issue 1)

The existing education data in Nigeria are Millennium Development Goal (MDG) centric with focus on enrolment, transition and completion statistics, with no statistics on the extent of learning taking place…

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March 21, 2019

South-South Ideas: South-South Cooperation Coherence in a Complex Assistance Framework for Development – The Case of Nigeria (2019)

Nigeria is Africa’s most populous country, with an estimated population of 190.9 million; it also has the largest economy, estimated at $376 billion in 2017 (World Bank, 2017). The economy hinges critically…

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March 21, 2019

Nigeria Economic Update (Issue 9)

By year-end 2018, the country recorded a total trade value of ₦32.3 trillion1, representing 39.3% increase over the corresponding period in 2017. The volume of total merchandise trade in 2018…

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