Tag: economic challenges

26 Aug, 2024

Nigeria's Economic Struggles: Okonjo-Iweala Highlights Persistent Negative GDP Growth

Former Finance Minister Ngozi Okonjo-Iweala points out that Nigeria's GDP growth rate has been negative since 2014. With GDP per capita declining by 0.9% annually over the past decade, the economic situation for the general population has worsened. Okonjo-Iweala calls for urgent economic reforms to reverse this trend, despite notable positive performances in some recent quarters.