cost

The Economic and Social Costs of Out of School Children in Nigeria

Out-of-school children (OOSC) has long been a global problem that affects a country in various ramifications. With 10.5 million OOSC, Nigeria is recognised to have the largest number of children not attending school in the world. The economic and social repercussions of not educating these children in Nigeria are examined in this brief. Exploratory data […]

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Nigeria Economic Update (Issue 32)

The importation of petroleum products into Nigeria continues to expand. In 2019Q2, imports totaled 5.61 billion litres of Premium Motor Spirit (PMS) or petrol, 1.38 billion litres of Automotive Gas Oil (AGO) or diesel, and 12.22 million litres of Household kerosene (HHK)1. Although, there were moderations in the importation of kerosene, petrol and diesel imports […]

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Nigeria Economic Update (Issue 26)

The total value of capital importation into Nigeria amounted to US$ 8.49 billion in the first quarter of 20191. This represents a significant increase of 216% relative to 2018Q4 and   about 35% growth when compared to the corresponding quarter in 2018. The largest amount of capital importation by type was received through portfolio investment, which […]

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Why Costs Still Play a Role in Out-of-school Children Problem in Nigeria

In 2003, Universal Basic Education (UBE) programme was launched to provide free and compulsory education from primary to junior secondary school. More than 15years since the inception of UBE, it remains curious that many cases of out-of-school children (OOSC) are still been attributed to monetary costs. For instance, the National Education Data Surveys (NEDS, 2015) […]

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