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Nigeria: Selected Issues and Statistical Appendix

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  • International Monetary Fund

Abstract

This Selected Issues paper and Statistical Appendix on Nigeria reviews economic development in Nigeria during 1994–97. Economic activity in Nigeria picked up modestly from its previously low growth rates in 1996–97, as growth in real GDP averaged 4 percent, compared with an average of less than 2 percent during 1992–95. The recovery was underpinned by steady growth in the petroleum sector, which comprises more than 40 percent of GDP and which benefited from buoyant world market demand and high international prices.

Suggested Citation

  • International Monetary Fund, 1998. "Nigeria: Selected Issues and Statistical Appendix," IMF Staff Country Reports 1998/078, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1998/078
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=2728
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    Cited by:

    1. Dafe, Florence, 2018. "Fuelled power: oil, financiers and central bank policy in Nigeria," LSE Research Online Documents on Economics 89610, London School of Economics and Political Science, LSE Library.
    2. Sudharshan Canagarajah & Mr. Saji Thomas, 2002. "Poverty in a Wealthy Economy: The Case of Nigeria," IMF Working Papers 2002/114, International Monetary Fund.

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