Government Economic Policies And Nigerian Economic Growth 1960-2010 (a Critical Analysis)

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Nigeria’s economic aspirations have remained that of altering the structure of production and base and reducing dependence on oil with the aim of putting the economy on a part of sustainable, all-inclusive and non-inflationary growth (Sanusi, 2010). The implication of this is that while rapid growth in output, as measured by the real gross domestic product (GDP), is important, the transformation of the various sectors of the economy is even more critical. This is consistent with the growth aspirations of most developing countries, as the struc…