International records / African Development Bank

Growth and Economic Transformation Options for Nigeria: An Assessment Using Growth, Identification and Facilitation Framework

Until the recession of 2016, Nigeria had experienced sustained growth rates averaging 6.8 percent per annum for about two decades. The main concern, however, is that this growth has not been sustainable and inclusive nor has it generated new and good quality jobs. Instead, it has been driven by the increase in domestic consumption, mostly by imported goods and production of oil and gas. This situation of the Nigerian economy was partly the cause of the recession in 2016. Given the current challenges facing the country, the Nigerian government launched the Economic Recovery and Growth Plan (ERG…

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Source	African Development Bank
Collection	International records
Kind	Document
Publisher	African Development Bank Group
Date	2020-07-27
Type	economic report
Details	AfDB documents
Found at	https://www.afdb.org/en/documents/growth-and-economic-transformation-options-nigeria-assessment-using-growth-identification-and-facilitation-framework
Archived copy	Look it up in the Wayback Machine
Record ID	`afdb:/en/documents/growth-and-economic-transformation-options-nigeria-assessment-using-growth-identification-and-facilitation-framework`

Cite this record

Growth and Economic Transformation Options for Nigeria: An Assessment Using Growth, Identification and Facilitation Framework. African Development Bank, 2020. Vero Archive, record afdb:/en/documents/growth-and-economic-transformation-options-nigeria-assessment-using-growth-identification-and-facilitation-framework.