Nigeria: Nigeria’s Economic Growth – Real Output or Statistical Expansion?

[Premium Times] Over the past few weeks, I have been reflecting on Nigeria's projected economic growth of over 3 per cent in 2025. I must assume I am not alone in this reflection. The projection has attracted increasing scrutiny, particularly because it has not translated into measurable improvements in living standards for most citizens. Despite reported economic growth, poverty in Nigeria has worsened consistently over the past four years. World Bank estimates suggest that the share of Nigerians living below the

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