• Thursday, December 19, 2024
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BusinessDay

How Nigeria lost its luster

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Over the past decade, Nigeria has struggled to keep pace with the economies ahead of it, while those once trailing have closed the gap and, in some cases, overtaken it.

In 2010, the average Nigerian was 2.62 times wealthier than their counterparts in Ghana, Kenya, Rwanda, and Uganda. Fast forward to 2023, that advantage has