Nigeria will continue to struggle with its readjustment to low oil prices, and some policies being pursued by the central bank will further constrain growth in the near term. Africa’s top oil producer introduced curbs on buying foreign-exchange from late 2014 in a bid to prop up […]
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Agriculture remains the bedrock of Nigerian economy generating about 70% of employment and constituting over 40% of the Gross Domestic Product {GDP} of the country. The country has a land area of 98.3m hectares. At present about 34m hectares or 48% are under cultivation leaving a good […]
Read more →Any nation that wants to develop must look inwards to identify areas where it has comparative advantage over other nations and seek to develop the identified areas. Apart from hydrocarbon of which Nigeria is the sixth largest exporter of crude oil and has the second largest known […]
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