Causes and Solution to Unemployment in Nigeria

unemployment in Nigeria

What is the causes and solution to unemployment in Nigeria is often a leading question among policy makers. The simple solution to unemployment in Nigeria is investment in skills. I will explain this in details. The Nigeria unemployment grew from 24.2% in January 2015 to 33.3% in July 2016. The youth unemployment is currently at 58% which is on a Continue reading

Determinant of Inflation in West African: Nigeria and others.

public spending on poverty

SECTION I INTRODUCTION The purpose of this study is to ascertain the determinant of inflation in Nigeria and Ghana respectively. Specifically the study will examine if there is long run relationship between inflation determinants and Inflation in Nigeria and Ghana. The study will also examine the extent inflation responds to its own shock and the shocks from exogenous factors within Continue reading

Employment Status in Nigeria public service: A case study of Enugu State.

public spending on poverty

INTRODUCTION Employment in public service in Enugu state has a unique characteristics in that remuneration, recruitment and retirement of workers in the state are constantly evaluated by the government. Public service as it is often called is a branch of governmental service in which individuals are employed to work for the benefit of the government. In this regards Enugu public Continue reading

Economics Recession in Nigeria: What you must know

recession in Nigeria

Economics recession in Nigeria, meaning, causes, solution, and precautions dominates economics discussion in Nigeria and Africa at large today. Recall, Nigeria has plunged into economics recession after witnessing -1.7 and -2.06 in the first and second quarter of 2016 (NBS). The common question Nigerians and others have been asking include: What is the cause of current economics recession in Nigeria? Continue reading

Devaluation of Nigeria Currency Causes More Harm than Good!

recession in Nigeria

Devaluation of Nigeria currency or naira have caused serious economic crisis in Nigeria economy than the solution it promises. I will explain this in details. It should be noted that devaluation works better for an economy that is more driven by commodity (processed products) export. What is Devaluation of currency? Devaluation of currency is a deliberate act by the central Continue reading

Top Nigerian Economists who has shaped the world economy

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In this article, I will share with you top Nigerian economists whose economics policy has contributed in shaping the world economy. The focus will be on their past achievement in terms of policy option, awards, education background among others. Some of the economists have held post either in Nigeria or other country of the world. The list does not in Continue reading

Dr. Ngozi Okonjo Iweala Profile -1954 till date

ngozi okonjo iweala-image

Dr Ngozi Okonjo Iweala is from Ogwashi-Ukwu, Delta State, where her father Professor Chukwuka Okonjo is the Eze (King(economist)). She is by far the most prominent Nigeria economist judging by her achievement, profile and awards. She is the only Nigeria economist listed in fortune top 50 world leader. She is the only Nigeria economist that has receive greatest number of Continue reading

Economic Recession in Nigeria: Causes and Solution

recession in Nigeria

The causes and solution of economic recession in Nigeria has become the major topic of discussion on the lips of major actors in Nigeria and beyond. Recall, Bloomberg republished its report suggesting that South Africa took over from Nigeria as Africa Largest economy. The International Monetary Fund (IMF), as well as the Central Bank of Nigeria (CBN), have all agreed Continue reading