Nigeria—Untapped Potential

Thanks to a wealth of oil and human resources, Nigeria has the potential to become one of Africa’s leading economies. But years of mismanagement and social division have paralysed the giant of Africa. Real GDP growth was projected to rise slightly in 2001 to 4.0%, up from 3.8% in 2000, largely as a result of improvements in the non-oil sector. The oil sector was hurt by a slump in oil prices and by oil production constraints imposed by the Organization for Petroleum Exporting Countries (OPEC).

Sustainable Development Goals:

Decent Work and Economic Growth

Reduced Inequalities

Partnerships for the Goals