Nigeria: Selected Issues Paper

March 30, 2015

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Format: Chicago

Nigeria: Selected Issues Paper, (USA: International Monetary Fund, 2015) accessed November 21, 2024

Summary

This Selected Issues paper discusses promotion of economic transformation in Nigeria. Nigeria’s long-term potential is keyed on promoting economic transformation. This implies taking stock of initial conditions, assessing long-term financing capacity, and evaluating the policies and reforms to be implemented to meet the long term vision. The recent fall in prices has highlighted the challenging but compelling need to address remaining development challenges. This paper discusses some of these development imperatives including current regional disparities and ongoing policy initiatives, capacity to finance infrastructure needs, promoting domestic saving through developing financial inclusion, and the opportunity cost of quasi-fiscal activities.

Subject: Commodities, Consumption, Expenditure, International trade, National accounts, Oil, Oil exports, Oil, gas and mining taxes, Public investment spending, Tariffs, Taxes

Keywords: Capital expenditure, Consumption, CR, Exchange rate, Gas and mining taxes, GDP, ISCR, Multiplier effect, Oil, Oil exports, Oil GDP, Public investment spending, Purchasing power, Sub-Saharan Africa

Publication Details

Pages:

30
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/085
Stock No:

1NGAEA2015002
ISBN:

9781484307151
ISSN:

1934-7685

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