Category

Opinion

Opinion

Counting to Plan: Nigeria’s Increasing Unmet Data Needs

Data gaps in Nigeria have continued to impact on the country’s development and growth prospects. Across sectors, poor data collection and management have robbed the country of the benefits of its enormous resources. Literature suggests that data inadequacy in Nigeria have impacted on labour economics, health care, economic planning, disaster management, and human development in general. Lack of data has also denied Nigeria the benefits of a growing population.

Opinion

How Not To Approach Nigeria’s Poverty Crisis

National Bureau of Statistics’ recently published Nigerian Living Standards Survey indicates that 40.09 percent of Nigerian are poor. With a staggering population of 205 million people, over 80 million Nigerians live in poverty. Whereas the poverty rate in urban areas is only 18.04 percent, as much as 52.1 percent of rural dwellers are poor.

Opinion

It’s Time to Rethink Data Inadequacy and Weak Policies in Nigeria

Wars are lost on information and inadequate intelligence. It is the same for our economy – having reliable data is like having your own army. Precise, error-free and timely economic data are important in informing policy decisions. Key production and economic statistics explain the dimension of economic response. Without reliable data, policymakers cannot determine how badly the economy is hurting, how the people are faring and more importantly, how to improve the economy.