Download or read book Potentials for Diversification of the Nigerian Economy written by Nigerian Institute of Social and Economic Research. Surveillance and Forecasting Department and published by . This book was released on 2015 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Knowledge Productivity and Innovation in Nigeria written by Ismail Radwan and published by World Bank Publications. This book was released on 2010-03-09 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has a bold national vision of becoming one of the world s top 20 economies by 2020. However, despite being the 8th most populous country in the world, it ranks 41st in terms of GDP and 161st in terms of GDP per capita. Nigeria has long depended on oil for its exports and government revenues. This dependence has led to rent seeking and a reluctance to examine potential avenues for economic diversification. The authors of 'Knowledge, Productivity, and Innovation in Nigeria' believe that the goal of becoming a top-twenty economy can only be achieved if Nigeria makes the transition to a new economy rooted in the 21st century that harnesses the power of knowledge and avoids a static oil-based growth strategy. Knowledge has always been central to development, but new technologies have made it globally accessible. Countries such as the Republic of South Korea, India, and the United States that have exploited new technologies and know-how have pushed their innovation and productivity frontiers. Countries that have failed to do so risk remaining mired in poverty. In order to achieve Vision 2020, Nigeria must move beyond the stop-start patterns of oil-based development that have characterized it since independence. It must create a stable and prosperous economy based on a critical mass of knowledge workers. Knowledge, Productivity, and Innovation in Nigeria examines how Nigeria can prepare for this century and where its leaders can focus to achieve their vision, presenting the experiences of other countries from which Nigeria can learn.

Download or read book Economic Diversification in Nigeria written by Zainab Usman and published by Zed Books. This book was released on 2023-12-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has for long been regarded as the poster child for the 'curse' of oil wealth. Yet despite this, Nigeria achieved strong economic growth for over a decade in the 21st century, driven largely by policy reforms in non-oil sectors. This open access book argues that Nigeria's major development challenge is not the 'oil curse', but rather one of achieving economic diversification beyond oil, subsistence agriculture, informal activities, and across its subnational entities. Through analysis drawing on economic data, policy documents, and interviews, Usman argues that Nigeria's challenge of economic diversification is situated within the political setting of an unstable distribution of power among individual, group, and institutional actors. Since the turn of the century, policymaking by successive Nigerian governments has, despite superficial partisan differences, been oriented towards short-term crisis management of macroeconomic stabilization, restoring growth and selective public sector reforms. To diversify Nigeria's economy, this book argues that successive governments must reorient towards a consistent focus on pro-productivity and pro-poor policies, alongside comprehensive civil service and security sector overhaul. These policy priorities, Nigeria's ruling elites are belatedly acknowledging, are crucial to achieving economic transformation; a policy shift that requires a confrontation with the roots of perpetual political crisis, and an attempt to stabilize the balance of power towards equity and inclusion. The eBook editions of this book are available open access under a CC BY-NC-ND 4.0 licence on bloomsburycollections.com. Open access was funded by The Carnegie Endowment for International Peace.

Download or read book Potentials for Diversifying Nigeria s Non oil Exports to Non traditional Markets written by C. Adeniyi Osuntogun and published by . This book was released on 1997 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Developmental State and Diversification of the Nigerian Economy written by Nigerian Economic Society. Annual Conference and published by . This book was released on 2016 with total page 547 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book International Trade and Nigeria s Mono Product Oil Based Economy a Study of the African Catfish Aquaculture Industry written by Elijah Oluwagbemiga and published by . This book was released on 2017-09-25 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Masterarbeit aus dem Jahr 2017 im Fachbereich Politik - Internationale Politik - Allgemeines und Theorien, Note: 4.08/5.0, Covenant University (College of Leadership and development Studies), Veranstaltung: International Relations, Sprache: Deutsch, Abstract: This study is focused on changing the culture of Nigeria's economy from a mono-product oil based economy to a diversified economy. Although the non-oil sector of Nigeria's economy is a vast one, this study focuses on the African catfish aquaculture industry because of its huge lucrative potentials of contribution to the diversification of Nigeria's economy. This research will help the average Nigerian citizen who is being ravaged with poverty due to the on-going economic recession that keeps coming back in every administration. It will also help policy makers promulgate sound policies that support economy diversification and condemn the mono-cultural nature of the economy. Since Nigeria leads the production of African Catfish on the continent of Africa this research should make the government see sense in investing in the production of African Catfish on a large scale which in turn will generate massive employment and contribute to the diversification of the economy leading to economic wealth and sustainable development instead of spending $700 million USD on importing fish every year. Lastly, it will help future researchers in the field of international trade and economy since the motive is to add to the growing body of academic knowledge. This study is divided into 5 chapters. Chapter One is an introduction to the study. It provides the background of the study and states the problems as to why the study is being conducted. It also reflects the importance of the study. Propositions are provided in this chapter to guide the actualization of the objectives of the research. A scope and limitations are also discussed in this part of the work. Chapter two provides a literature review and a theoretical framework.

Download or read book Diversification Strategy for Nigeria s Economy written by Nigerian Economic Society. Annual Conference and published by . This book was released on 1987 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Diversification in Nigeria written by Araniyar Isukul and published by . This book was released on 2020 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global fall in oil prices has caused significant external shocks to developing countries whose sole reliance on oil has seen a drastic fall in revenues that accrues from oil sales. To address this issue, there have been renewed calls for developing countries to diversify their economies so as to protect, mitigate and reduce the external shocks that results from depending on a single source of revenue. Nigeria has made several attempts to heed that call. Still, it has not been very successful in making that transition, although there are indications that it may be heading in that direction. This research set out to examine diversification in developing countries using a case study methodology. The intention is simply to draw lessons from countries who have failed to make the diversification and from those who have made the diversification. The findings of this research reveal that diversification is not only a Nigerian problem, several African countries have diversification issues. Secondly, it is a complex process, and economic diversification needs an enabling environment, the right institutional mix (financial, legal, regulatory and market institutions), the necessary infrastructure, human capital development, entrepreneurship combined with the right policy mix sustained over a considerable period of time. Finally, structural challenges continues to hinder any significant transition in terms of economic diversification in developing countries.

Download or read book Aid for Trade at a Glance 2019 Economic Diversification and Empowerment written by OECD and published by OECD Publishing. This book was released on 2019-07-11 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edition analyses how trade can contribute to economic diversification and empowerment, with a focus on eliminating extreme poverty, particularly through the effective participation of women and youth. It shows how aid for trade can contribute to that objective by addressing supply-side capacity and trade-related infrastructure constraints, including for micro-, small- and medium-sized enterprises notably in rural areas.

Download or read book Potentials for Diversifying Nigeria s Non oil Exports to Non ytaditional Markets written by and published by . This book was released on 1997 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Political Economy of Economic Diversification in Nigeria written by Zainab Usman and published by . This book was released on 2017 with total page 822 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Diversification of Nigerian s Economy Through Tax Revenue written by Adeyemi Aladesawe and published by . This book was released on 2016 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has relied solely on oil revenue over the years. However, in view of the recent decline on oil revenue there is the urgent need to diversify the Nigerian economy through non-oil revenue. Tax revenue is a key component of non-oil revenue. The 2015 budget was the first to be driven by non-oil revenue. The paper seeks to examine alternative measures to over reliance on oil revenue in Nigeria and proffered suggestions that could be used as a blue print for diversifying the Nigerian economy. The original article was published in a book titled "Topical Issues on Nigerian Tax Laws and Related Areas, J.A.A Agbonika PhD (Ed) (2015) chapter 4 pp 81-99". I am currently a doctoral researcher with the University of South Africa, this motivated to contribute this chapter in view of the economic recession in Nigeria.

Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Diversification in Oil Exporting Arab Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2016-04-29 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: countries face similar challenges to create jobs and foster more inclusive growth. The current environment of likely durable low oil prices has exacerbated these challenges. The non-oil private sector remains relatively small and, consequently, has been only a limited source of growth and employment. Because oil is an exhaustible resource, new sectors need to be developed so they can take over as the oil and gas industry dwindles. Over-reliance on oil also exacerbates macroeconomic volatility. Greater economic diversification would unlock job-creating growth, increase resilience to oil price volatility and improve prospects for future generations. Macro-economic stability and supportive regulatory and institutional frameworks are key prerequisites for economic diversification...

Download or read book Readings in Economics written by A. M. Fagge and published by . This book was released on 2018 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book comprises twenty two comprehensive chapters bordering on issues related to the diversification of the Nigerian economy. The chapters are written in plan and easy to understand language for the benefit of the non-professional user. It is a handbook meant to serve the need of undergraduate students in Nigerian institutions of higher learning such as universities, colleges and polytechnics. The emphasis of the first nine chapters was agriculture as the formidable means of diversifying the Nigerian economy. Other chapters explored the nexus between economic diversification and tourism, manufacturing sector, solid, minerals, macroeconomic policies and poverty alleviation. The remaining part of the book elucidated the relevance of foreign direct investment in the quest for diversifying the Nigerian economy towards achieving a broad based as against a mono-economy, relying heavily on oil."--Back cover.

Download or read book Strategic Policy Options for Bracing Nigeria for the Future of Trade written by Gbadebo Odularu and published by Springer Nature. This book was released on 2020-01-28 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the fourth industrial era evolves, the role of blockchain technology, Artificial Intelligence (AI), and machine learning in transforming national commerce cannot be overemphasized, especially with the expansion of e-commerce in Africa. In other words, technological advancement and innovation are becoming essential to many aspects of Nigerian businesses, thereby considerably enhancing trade and productivity. This book provides a primer on the role that digital technology may play in Nigeria’s trade flows, and the implications for enabling an economy-wide deployment of digitization in trade facilitation. This book analyzes the importance of STI’s contributions to the Nigerian economy, focusing on the transition to digital solutions and their potential to significantly increase trade and commerce. Since AfCFTA’s 2018 launch, academic and political responses to the automation of business have increased. Further, business promotion, aid-for-trade, regional integration and trade facilitation issues are at the forefront of business development policy and intellectual discourse in Nigeria. This book details Nigeria’s business opportunities, capacities and challenges with a special interest in sustainably enhancing the nation’s business ecosystem in the digital age. Through the examination of trade facilitation policies, programs, tools, models and technologies, this book demonstrates Nigeria’s need for strategic public-private partnership in digital trade to foster a more sustainable business future.

Download or read book Nigeria written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2021-02-08 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected Issues