Macroeconomic Report & Economic Updates

June 27, 2018

Nigeria Economic Update (Issue 22)

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Recently released demographic figures by the NBS shows an upward progression in population and its composition. Specifically, Nigeria’s population reached 193 million in 2016, growing at an annual average of 3.25 percent1. Going by the demographic characteristics, the population pyramid reveals that over 41 percent of the population lies between ages 0-14 – a composition of children and adolescents. This implies that fertility rate has been high, as such, a corresponding high dependency ratio. The growing share of this population age imposes supply pressure on available infrastructural amenities; from education to health systems. Similarly, the growing youth population (16-30 years) exerts pressure on the labor market, given their working-class ages



Consequences Of School Resources For Educational Achievement

This paper examines the determinants of educational achievement in a developing country context, Burkina Faso. We deviate from the extant literature by constructing an aggregate index of school quality from the observable school resources. Also, we account for school choice constraints, faced by children especially in rural areas, as it relates to the geographical inequalities in the distribution of quality schools. These treatments provide an unbiased estimates of the relevance of school resources for academic performance. The empirical approach is based on a two-stage procedure that accounts for supply constraints in school choice.

Cost Effectiveness And Benefit Cost Analysis Of Some Water Interventions In Bauchi State In Nigeria

This study presents a Cost-Effectiveness Analysis of two water interventions in Bauchi state, Nigeria aimed at reducing the incidence of and death from diarrhea disease namely: the Pipeline and Hand pump water supply schemes.

Capital Importation And Budgetary Allocation (ITC)

Capital Importation: Given the positive outlook on the ITC sector in the past few years, investments in the sector reached a 10-year peak in 2014. However, the foreign investment fell marginally in 2