August 6, 2023

Unravelling the Paradox: Nigeria’s Trajectory of Development and Poverty Reduction 

Nigeria, often referred to as “Africa’s giant”, has experienced a complex trajectory of development and poverty reduction which presents a paradoxical scenario (World Bank, 2022). Despite being the continent’s largest economy, Nigeria’s annual growth rate has been declining since the early 2000s while poverty remains a pervasive challenge (World Bank, 2022). Evaluating the progress made in reducing poverty and promoting development, and analysing the reasons behind any setbacks, is key to gaining some insights into the country’s prospects, and helps provide valuable lessons to be learned from Nigeria’s case study. 

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This commentary was first published by the Italian Institute for International Political Studies




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