Despite the fact that Nigeria has Africa’s biggest economy and reasonably high crude oil producing nation in the world, its people are some of the poorest in Africa and the world in general with an income per capita of $2,448 in 2022. Per capita income is the total wealth of a country of Gross Domestic Product (GDP) divided by the Read More
Recent publications by United Nations and the report of the scoping study carried out by the Raw Materials Research and Development Council (RMRDC) in collaboration with Joks Nigeria Limited and other stakeholders on Nigerian manufacturing and service industries have indicated that the Nigerian economy faces the challenge of limited economic transformation and diversification. BINTA SHAMA reports. Specialization plays fundamental role Read More
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