Perspectives on Nigeria’s Economic Structure
Chapter 1, Structure and Problems of the Nigerian Economy, 2019
16 Pages Posted: 3 Jun 2019
Date Written: March 14, 2019
Abstract
The main aim of this chapter is to review the different perspectives of the structural transformation of the Nigeria economy as well as the effects of the various development policies on the economy. The structure of an economy is the institutional as well as organizational framework which determines how resources are owned, allocated and distributed in an economy. The alteration in the structure of the Nigerian economy in the desired direction should ensure the achievement of economic growth and development. The objectives and goals of Nigerian economic development are also highlighted to see how far the country has fared in her effort to achieve sustainable development and improvement of the welfare of the people.
Keywords: economic growth, Nigerian economy, structural transformation
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