Journal Articles and Book Chapters

December 18, 2018

Developing a Human Development Index (HDI) for the Nigerian States: Conceptual Approach and Preliminary Evidence

This study develops a comparable Human Development Index for subnational government in Nigeria. While built on the UNDP approach, we extend the generic framework to address challenges at the subnational level such as comparable indicator, data unavailability and estimation technique. The result shows wide disparity across states in their human development, with states within the […]

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This study develops a comparable Human Development Index for subnational government in Nigeria. While built on the UNDP approach, we extend the generic framework to address challenges at the subnational level such as comparable indicator, data unavailability and estimation technique. The result shows wide disparity across states in their human development, with states within the southern region recording more impressive performance. We further examine the key economic and political drivers of the observed variations across state and found fiscal sustainability and geopolitical zoning as the key determinants.

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Nigeria Economic Update (Issue 41)

Latest World Economic Outlook (WEO) report by the International Monetary Fund reveals that Nigerias economy will grow by 1.9 percent in 2018 an unchanged stance from earlier projections. However, the figure is 2.9 percentage points lower than the 4.8 percent 2018 estimated growth rate in Nigerias ERGP (Economic Recovery and Growth Plan) 2 showing a very large disparity between domestic and international growth forecasts for Nigeria. The Funds projection however seems to have taken into cognizance underlying factors that could slow growth in the medium term: faster pace of population growth relative to GDP growth3, poor policy implementation, banking system fragilities and foreign exchange market segmentation.