Trust Deficit: Nigeria’s Productivity Elephant
Nigeria’s per capita productivity, using GDP per Capita calculated from annual Nominal GDP (in Naira from the NBS) and annual Population (from IMF) and converted into USD (from CBN’s exchange rates) has stayed within an approximate $500-$3,000 sideways band since 1981, just before the disruption of the previous democracy by a military coup (see CEIC data). Meanwhile, during this period, the social acceptance…
