Nigeria’s Public Debt Growth Rate Diminishes in the last 4 years
Despite the Nigerian government’s attitude to go after loans from China and other parts of the world, recent data published by the Debt Management Office (DMO) in Nigeria show that Nigeria’s debt, after hitting its highest growth rate since 2012 has decelerated significantly. Nigeria’s total debt stock stood at $86.4 billion as of December 31, […]
Inflation: Not ready to slow down
Nigeria’s inflation is not showing any signs that its about to slow down. I have argued that inflation in Nigeria is largely due to supply side factors. The low level of production has accounted for the large gap between demand and available supply. As shown above the average quarterly headline inflation rate has continued to […]
Will all Nigerians be vaccinated before 2023?
Three companies have taken their vaccines beyond clinical test to the point of public use. The cost of vaccines as they are sold in rocket countries may be prohibitive for Africans. The Minister of Health, Dr. Osagie Ehanire had said in December 2020 that Nigeria will need $1.05 billion (N400 billion) to Vaccinate 70% of […]
That America’s Democracy has failed is a fallacy to be rejected in Africa.
President Trump was impeached on Wednesday, January 13, 2021 by the House of Representatives thereby becoming the first president in the history of the United States to be impeached twice. He was impeached for incitement of insurrection in the storming of the US Capitol. President Trump continued to allege that the US election that elected […]
About EGDC
Vision We envision a world free of extreme poverty and where all the people of the world are actively and significantly contributing to human progress. Mision To help our communities, institutions and nations become more economically competitive and end extreme poverty by promoting human capital development, job creation and high levels of productivity in the […]