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Nigeria Economic Review Second Quarter Report 2016

An overview of the Nigerian economy is presented in this report by examining key macroeconomic indicators, external sector performance and key domestic sector performance in 2016Q2. The evidence presented shows that the internal and external secto...

Regional Trade for Inclusive Development in West Africa

This study analyzed the potential of regional trade in facilitating the achievement of inclusive development in the West African region. Descriptive analysis is employed to examine the nature, composition and dimension of ECOWAS trade within the g...

Examining Nigeria's Learning Crisis: Can Communities be Mobilized to take Action?

Policy design and interventions in basic education were, until recently, unduly focused on increasing school enrollment in developing countries, with little attention on improving the quality of learning. Using two states in Nigeria – Lagos and Ka...

Climate Policy and Finance: Designing an Effective Carbon Pricing System for Nigeria’s Oil and Gas Sector

This study provides evidence-based analysis and recommendations for designing an effective carbon pricing system that discourages air pollution and encourages the gradual uptake of climate-friendly technologies by the oil and gas sector, while sup...

Multidimensional Impact Evaluation: A Randomized Control Trial on Conflict-affected Women in Northern Uganda

This paper applies the Alkire-Foster measurement approach to evaluate a randomized control trial that aimed to empower ultra-poor and conflict-affected women in two of the most war-affected districts in Northern Uganda through the Women‘s Income ...

Analysis of Bilateral Trade in UEMOA: The Implications of Trade Effects

This paper investigated the implications of trade effects in bilateral trade analyses drawing evidence from UEMOA. Consequently, it provides three main innovations: (i) it augments the gravity model (GM hereafter) to include Kelejian et al (2012) ...

Cost Effectiveness and Benefit Cost Analysis of Some Water Interventions in Bauchi State in Nigeria

A Cost-Effectiveness analysis of water interventions in Bauchi state, Nigeria, is presented in this report, with particular emphasis on pipeline and borehole (Hand pump) water supply schemes. Using the measures adapted from Whittington et al (2008...

Oil Revenues, Institutions and Macroeconomic Performance in Nigeria

In this study, an elaborate econometric analysis is offered which tests the sensitivity of a number of key macroeconomic indicators to oil revenue shocks, using the Impulse Response Functions (IRFs) and Variance Decomposition (VDC) techniques with...

Foreign Aid and the Real Exchange Rate in the West African Economic and Monetary Union

This paper aims to re-examine the relationship between foreign aid and the real exchange rate, using the recent econometric methods developed for non stationary dynamic panels and an estimator that imposes a weaker homogeneity assumption on the s...

The Chinese Model of Infrastructure Development in Africa

Africa is in dire need of infrastructural development. It is a key step in providing a competitive business environment for African economies. It provides the backbone for poverty reduction strategies and programmes designed to improve the livelih...

Regional Integration in Africa: Some Recent Developments and Challenges

African countries accounted for only 3.2 percent of world trade in 2013 compared to 5 percent in the mid-1960s and have been left out of the recent benefits accruing from international trade. This weak performance can be reversed by regional integ...

Nigeria Economic Review : First Half Report 2015

The Nigeria Economic Review is a biannual publication of CSEA. A concise overview is provided in this review of key aspects of the Nigerian economy. It is an attempt to track the developments in the relevant aspects of the economy over a six-mont...

Testing the Impact of Foreign Aid and Aid Uncertainty on Private Investment in West Africa

In this paper, the impact of aid on domestic private investment in West Africa was examined using both aggregate aid (total ODA) and disaggregated aid (multilateral and bilateral). The paper relied on the fixed effects estimation technique. The f...

Implementing the Fiscal Responsibility Act at the State Level in Nigeria

In many countries, fiscal responsibility acts have become increasingly common tools to enhance fiscal prudence and public expenditure transparency. Fiscal profligacy at the sub-national level in Nigeria, has emerged as a major contributor to stat...

Issues in Fiscal Policy Management under the Economic Reforms (2003-7)

In this paper the recent policy measures are reviewed which have been introduced by the federal government to enable a more prudent management of oil revenue and also to improve the quality of the government’s capital spending. The broad conclusio...

Implementing the Fiscal Responsibility Act at the State Level in Nigeria

A discussion of the policy, technical and wider institutional factors was presented in this paper, which is relevant to the implementation of fiscal responsibility acts at the state level in Nigeria. It is evident from the analysis here, that some...

Chinese Model of Infrastructure Development in Africa

Infrastructural development, which is a key step in providing a competitive business environment for African economies, provides the backbone for poverty reduction strategies and programmes designed to improve the livelihood of the poor. The absen...

Economic Growth and Job Creation: (2012 Q3 to 2013 Q4)

Recently, rising unemployment was experienced amidst impressive economic growth. This marks an uncharted paradigm in Nigeria’s history and calls for systematic monitoring of developments for policy purposes. In this report the pattern of economic...

Nigeria Economic Review : First Half Report 2015

An overview of the Nigerian economy is presented in this report, using key macroeconomic indicators. The performance of the economy both internally and externally is examined. According to the evidence presented, the internal performance in the fi...

Nigeria Economic Update Issue 3

This document provides a brief update on several aspects of the Nigerian economy. An overview is given of Nigeria's merchandise trade toward the end of 2015. The trading of power resources, like oil and natural gas is discussed under the heading E...

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