Industrial output and economic growth in Nigeria has been lackluster and efforts have been geared towards stimulating the industrial sector with a view to accelerating economic growth. Bank credit and government expenditure ...

One of the ways the Federal Government seeks to achieve a growth target of 3% in 2019 from 2.38% as at 2018Q4, is through adequate funding of agricultural research. The Agricultural Research Council of Nigerian (ARCN) plays ...

The need for access to university education has become very essential in the country. The increase in University age population may be one of the factors responsible for the increase in demand for University education. Another ...

Despite several efforts to diversify Nigeria’s revenue base, the annual budget of the Federal Government has continued to rely on revenue from crude oil sources. Bearing in mind that crude oil is a non-renewable energy ...

The Federal Government has over the years adopted several frameworks to enhance credit supply to the agricultural sector. Given these efforts, this brief examines available related data with a view to know whether Deposit ...

Deeper financial systems have long been associated with economic growth in economics literature. The financial sector is seen as the central nervous system of any economy, hence its importance in the economic development ...

This paper econometrically analyzes the effects of international trade on economic growth in the ECOWAS sub-region using a panel data set of fourteen ECOWAS countries covering 1995 to 2017. The Pooled Mean Group (PMG) ...

On June 20th 2018, the President of the Federal Republic of Nigeria signed the 2018 Appropriation Bill of the Federal Government of Nigeria (FGN). This data brief examines the structure of the budget 2018 budget vis-à-vis ...

This brief examined enforcing contracts and business survival in Nigeria with a view to calling Legislative attention to World Bank 2018 easy of doing business survey findings. It noted that a business contract is only as ...

The recent Report by the National Bureau of Statistics indicates that Nigeria has exited a two-quarter (Q2-2020 to Q3-2020) economic recession. At the end of Q4-2020, a positive economic growth at 0.11%, holds promise for ...

The launch of the African Continental Free Trade Agreement (AfCFTA) is aimed at boosting intra-African trade and promoting regional development. A major thrust of the agreement is the removal of tariffs from about 90% of ...

In spite of various policy initiatives and institutional frameworks, a good number of school-age children roam the streets of Nigeria. Nigeria unduly tops the rank in the total number of out-of-school children in the global ...

The use of Executive orders by the President Mohammadu Buhari administration has become a regular point of interjection in the country’s economic management toolkit. Whether or not these executive orders are effective in ...

International trade theorists provide some mechanisms through which trade could be used as a driver of economic growth but nations of the world show different dispositions to these causing variations in economic growth. ...

The primary objective of this paper is to test the hypothesis that a debt Laffer curve exists for the Nigerian economy. A debt Laffer curve is a smooth inverted U shaped parabolic function showing a non-linear relationship ...

One of the major challenges facing the Muhammed Buhari led Federal government like previous governments is the issue of huge budget deficit financing. The 2018 Budget just like other previous budgets is premised on oil ...

As part of its effort to drive its diversification agenda, the Federal Government of Nigeria announced its plan to set up 6 Special Economic Zones (SEZs) across the country. The Ministry of Industry, Trade and Investment ...

As government revenue performance for 2018Q1 falls below expectation by 22.85%, poor implementation of FGN 2018 budget implementation is imminent. Unfortunately, the nation’s debt sustainability indices, would not make ...