Nigeria’s Economic Reforms: Progress and Challenges

16 04 2008

URL: http://www.brookings.edu/papers/2007/0323globaleconomics_okonjo-iweala.aspx
Source: The Brookings Institution

Following years of economic stagnation, Nigeria embarked on a comprehensive reform program during the second term of the Obasanjo administration. The program was based on the National Economic Empowerment and Development Strategy (NEEDS) and focused on four main areas: improving the macroeconomic environment, pursuing structural reforms, strengthening public expenditure management, and implementing institutional and governance reforms.

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