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Full Report: 2023 Macroeconomic Outlook Report – Nigeria in Transition: Recipes for Shared Prosperity

Jan 18, 2023   •   by   •   Source: NESG   •   eye-icon 80 views

The year 2022 brought with it a mix of challenges for countries across the globe, including Nigeria. The Nigerian economy sustained post-COVID-19 growth momentum. However, it was lower than expected and led by the non-oil sector, while the oil sector remained in contraction, despite elevated global oil prices. Furthermore, economic expansion has not translated into improving socioeconomic conditions, such as poverty and inequality. 

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