Nigeria occupies a self-contradictory position in the global economy. By structural indicators alone, Nigeria is one of Africa’s largest economies by GDP and population, supported by vast arable land, solid mineral deposits, hydrocarbon reserves, and a globally connected entrepreneurial diaspora. Countries with similar characteristics such as India, China, Brazil, and the USA, are strong economies globally. However, despite this strong natural advantage, Nigeria’s revenue mobilisation remains weak, growth unstable, and fiscal pressures persi
Nigeria occupies a self-contradictory position in the global economy. By structural indicators alone, Nigeria is one of Africa’s largest economies by GDP and population, supported by vast arable land, solid mineral deposits, hydrocarbon reserves, and a globally connected entrepreneurial diaspora. Countries with similar characteristics such as India, China, Brazil, and the USA, are strong economies globally. However, despite this strong natural advantage, Nigeria’s revenue mobilisation remains weak, growth unstable, and fiscal pressures persi