NIGERIA’S 2023 OUTLOOK
2023 is likely to emerge as a critical year that will shape Nigeria’s growth trajectory and its ability to deal with some of the external and internal headwinds that have constrained growth over the past 8 years. Heightened macroeconomic challenges, upcoming general elections, the first population census in almost two decades, and security concerns at federal and subnational levels, indicate that 2023 could be Nigeria’s most consequential year since its return to democracy in 1999.
For 2023 to be viewed as a successful year, the new government will need to develop a strategic response to these issues but also put in place a viable implementation plan to restore confidence in the economy, while working to contain the impact on the populace, of some of the needed reforms that will be required…Read More