Policy Brief & Alerts
August 22, 2017
An Analysis Of The Nigerian Economic Growth And Recovery Plan
This Paper examines the response of the Nigerian government to the ongoing recession in
the domestic economy, particularly in the context of the recently released Economic
Recovery and Growth Plan (ERGP) for 2017-2020. It also provides an analysis of
key questions regarding the suitability, achievability, and prospect of the
ERGP. The second section of the brief runs through the state of the Nigerian
economy with a focus on the cause and drivers of the ongoing recession. The
third section reviews the objectives, implementation strategy, and expected
outcomes of the ERGP over the medium-term. The fourth section weighs on the
potentials of the ERGP by analyzing some pertinent questions: Is the proposed
recovery plan and policies well-targeted to address prevailing economic crises
in Nigerian economy?
Related
Nigeria Economic Review
This report provides a concise and timely analytical
overview of key aspects of the Nigerian economy. The report is an attempt to
track the developments in the relevant aspects of the economy over a
three-month period. It provides valuable insights into potential drivers of the
economic trends and outlines expectations for subsequent quarters of the year.
The areas of focus are Global Economic Performance, Domestic Economic
Performance, External Sector Performance, and Sectoral Performance.
Purchasing Managers Index
Purchasing Managers Index: The level of business activities declined sharply in the first half of 2016 on the account of weak economic performance. Particularly, the issues surrounding exchange rates
Gross Domestic Product Growth Rate And Contribution To GDP
Gross Domestic Product Growth Rate: The growth performance of the Oil and Gas sector has been unsteady throughout years and declined most significantly in 2015Q4, following a positive growth recorded