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Agenda for Sustainable Economic Transformation Post-COVID-19 in Nigeria

The COVID-19 pandemic has had a debilitating effect on the Nigerian economy. Specifically, the combination of lockdown measures and the global slowdown of economic activities led to the contraction of Nigeria’s GDP by 6.1% in the second quarter of 2020, thus inducing the country’s second recession within five years . Nevertheless, it is noteworthy that […]

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Understanding the impact of the COVID-19 outbreak on the Nigerian economy

With 1.39 million coronavirus cases  and 79,382 deaths globally, the world continues to battle the COVID-19 pandemic. Even before the outbreak, the outlook for the world economy—and especially developing countries like Nigeria—was fragile, as global GDP growth was estimated to be only 2.5 percent in 2020. While many developing countries have recorded relatively fewer cases—Nigeria currently has 238 confirmed cases and 5 […]

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