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Economic sustainability

Harnessing Youth Potential in Achieving Economic Development  

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The future can only truly be green if we empower today’s youth. According to the United Nations, the world is estimated to have 1.2 billion people within the age of 15 to 24. In Africa, 226 million are aged 15 to 24, which is nearly 20 percent of the Africa’s entire population, making up one fifth of the world youth population. It is yet projected that Africa’s youth population is expected …

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The Evaluation of Women’s Contribution to Economic Sustainability 

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In my previous article, I pointed out that nations of the world including Nigeria will continue to ignore the role of women in economic development to their own detriment. Women make up a huge percentage of Nigeria’s population and therefore it is sacrosanct they be engaged productively for the country to attain the level of development it seeks. According to this article by PricewaterhouseCoopers (PwC) titled “The Impact …

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Rural Poverty and Restructuring Peripheral Communities in Northern Nigeria. 

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Nigeria, according to the United Nations population statistics, is one of seven countries that are home to nearly half the world’s population. Financial inclusion is on the rise in Nigeria but penetration in its poverty-stricken rural areas is still very limited.  It would appear paradoxical that despite the nation’s immense natural, human and material resources, poverty still significantly looms high in many …

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The Contribution of Digital Technology to the Global Economy 

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The world has increasingly become a global village – a term Marshall McLuhan coined in 1965 in his projection that the entire world would become more interconnected as a result of the propagation of media technologies. Economic journalist, Thomas Friedman, had also described a global village as “the inexorable integration of markets, nation states and technologies to a degree …

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Youth Empowerment and Economic Sustainability

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Empowerment is the process by which people gain the ability and authority to make informed decisions and implement change in their own lives and the lives of other people. It is a means through which people try to do better for themselves, and also make great impact in their society. This is done by taking action to improve access to resources and transforming consciousness, beliefs, values and attitudes.   …

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Reducing Poverty in Nigeria: Has Liberalization Helped? 

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  In a recent report about poverty and inequality by the National Bureau of Statistics (September 2018 to October 2019) it was stated that 40.1% of Nigerians live below the poverty line of approximately 137,430naira ($354.75) a year. This percentage represents 82.9 million people in Nigeria today. To put it in perspective, this means that 4 out every 10 individuals in Nigeria …

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