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Articles on Economy

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The World Bank says Nigeria’s surging inflation had pushed an estimated seven million citizens below poverty line in 2020. Olukayode Jaiyeola/NurPhoto via Getty Images

Nigeria’s food inflation: losers, winners and a possible solution

Food inflation figures in Nigeria give cause for concern. Accusing fingers are pointed at rising dollars, farmers and middlemen, but this expert says the can may have been placed on the wrong heads.
Nigeria’s economy is struggling to recover from fluctuating oil price, inflation and impact of COVID-19 pandemic. Photo by Pius Utomi Ekpei/AFP via Getty Images

Nigeria’s debt is sustainable, but dangers loom on the horizon

To non-economists, the World Bank ranking Nigeria fifth on the list of its top ten debtor countries is alarming. A deeper analysis shows there is no cause for concern.
Nigeria recently started commercial operation of a China-assisted railway linking the southwestern cities of Lagos and Ibadan. Emma Houston/Xinhua via Getty Images

Book review: Nigeria has democracy but not development. How to fix it

In his new book, Nigeria Democracy Without Development: How To Fix It, international political economist Omano Edigheji explains why democracy has not led to development in Nigeria.

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