'Why nation’s economy is not growing’

‘Why nation’s economy is not growing’

Nigeria’s economy has been characterised by inefficiencies, public sector dominance and over reliance on oil.

Acting President of Nigerian Institute of Management (NIM), Dr. Christiana Atako, spoke in Ibadan at the institute’s 2022 Annual National Management Conference.

Speaking on the theme: “Public Policy Management and Entrepreneurship Development in Nigeria”, she lamented that the economy had not made progress over the years.

“Since the mid-1980s, Nigeria has introduced some structural economic reforms, abolished polices and structures, which prevented entry into certain industries…

‘’Although Nigeria is still plagued by challenges, the country is naturally endowed with opportunities. The realisation of the full potential of these opportunities has been dampened by adoption of inappropriate industrialisation policies at different times,” Atako said.