Nigeria's renewal: Delivering inclusive growth in Africa's largest economy - McKinsey Global Institute, Acha Leke, Reinaldo Fiorini, Richard Dobbs, Fraser Thompson, Aliyu Suleiman & David Wright

Nigeria's renewal: Delivering inclusive growth in Africa's largest economy

By McKinsey Global Institute, Acha Leke, Reinaldo Fiorini, Richard Dobbs, Fraser Thompson, Aliyu Suleiman & David Wright

  • Release Date: 2014-07-24
  • Genre: Economics

Description

The world is well aware of the concerns around terrorism in Nigeria and the country’s ongoing struggle with poverty. However, there is another side to the Nigeria story beyond the recent headlines and outdated assumptions: a story of more than a decade of sustained economic growth and stability. MGI examines the country’s economic potential and finds that with the right reforms and investments, it can become one of the world’s leading economies by 2030, with a substantial and rapidly expanding consumer class. The report identifies the critical steps needed for government and business to capitalize on the country’s strengths.

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