Nigeria s agrifood system structure and drivers of transformation is popular PDF and ePub book, written by Andam, Kwaw S. in 2023-07-14, it is a fantastic choice for those who relish reading online the Political Science genre. Let's immerse ourselves in this engaging Political Science book by exploring the summary and details provided below. Remember, Nigeria s agrifood system structure and drivers of transformation can be Read Online from any device for your convenience.
Nigeria s agrifood system structure and drivers of transformation Book PDF Summary
Nigeria experienced a rise and fall in economic growth over the past two decades. The economy experienced strong growth, averaging 7 percent per year, from 2000 to 2014. Then falling world oil prices caused an abrupt decline in Nigeria’s GDP in 2015 and 2016 and the country entered its first recession in nearly 20 years. Since then, the economic growth rate has remained below the population growth rate, complicating efforts to reduce poverty in a country with the world’s second-largest number of poor people (80 million) (World Bank 2022a). Various other factors contributed to sluggish economic growth, including the spread of insecurity and conflict across almost all areas of the country; policies related to COVID-19 in 2020 and 2021 (Andam et al. 2020); the effects of the Russia-Ukraine war (Diao and Thurlow 2023); and general macroeconomic instability (World Bank 2022b). Nigeria’s GDP growth is projected to remain low at 2.9 percent in 2023 and 2024, barely exceeding the population growth rate (World Bank 2022c). First quarter growth in 2023 was only 2.3 percent, reflecting the impact of cash restrictions imposed by monetary authorities during the election campaign period (NBS 2023).
Detail Book of Nigeria s agrifood system structure and drivers of transformation PDF
- Author : Andam, Kwaw S.
- Release : 14 July 2023
- Publisher : Intl Food Policy Res Inst
- ISBN : 978186723xxxx
- Genre : Political Science
- Total Page : 14 pages
- Language : English
- PDF File Size : 14,8 Mb
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