Nigeria

Gunnar Trumbull

When President Muhammadu Buhari took office in 2015, Nigeria seemed to have overcome decades of political turmoil and economic stagnation. The country had undergone a democratic transition and its dependency on oil exports appeared to be on the wane. A more diversified economy emerged with the growth of new sectors, and along with it, a large informal economy. The new economy offered a source of optimism and challenges, as experienced by the state government in Lagos. Meanwhile, declining oil revenues brought more immediate risks to the country's fiscal condition and stability.

Assignment Questions:

1. Evaluate Nigeria's political and economic development prior to its democratic transition in 1999. What accounts for the country's mixed performance?
2. Assess Nigeria's new economic growth, including its informal economy. Does informality present an opportunity or threat?
3. How can the Nigerian state govern more effectively? Does the experience in Lagos offer lessons for the country?

The case is enclosed below :

• Nigeria on the Move: Governing the "New" Economy

https://www.dropbox.com/s/02uo192refk2j20/Nigeria%20on%20the%20Move%20-%20Governing%20the%20New%20Economy.pdf?dl=0