Africa, Business, Politics

British Council: Nigeria on cusp of ‘demographic disaster’

By Mandy De Waal 2 September 2010

Nigeria is on the cusp of becoming the fifth most populous country in the world, and unless the economy expands to encompass the expanding population, disaster looms, says a report by the British Council. Nigeria's  150 million will swell by another 63 million in the next 40 years, putting a massive strain on the stagnant economy. The GDP has remained mostly flat as the population boomed over the last two decades, and with more than 40% of Nigerians under the age of 14, this is going to create huge problems with large masses of unemployed youth, which in turn will raise the crime rates and likelihood of civil unrest. The British Council urged the Nigerian government to wean themselves off oil industry dependance, revive the neglected agricultural sector and invest in other burgeoning industries like telecommunications. Read more: SAPA, via City Press.

0

Gallery

Support DAILY MAVERICK & get FREE UBER vouchers every month

An increasingly rare commodity, quality independent journalism costs money, though not nearly as much as its absence can cost global community. No country can live and prosper without truth - that's why it matters.

Every Daily Maverick article and every Scorpio exposé is proof of our dedication to this unshakeable mission. Investing in our news media is by far the most effective investment into South Africa's future.

You can support Independent and Investigative journalism by joining Maverick Insider. If you contribute R150 or more per month you will receive R100 back in UBER vouchers. EVERY MONTH until October 2019.

So, if you'd like to help and do something meaningful for yourself and your country, then sign up to become a Maverick Insider. Together we can Defend Truth.


2018 International Person of the Year

Jamal Khashoggi wielded a mighty pen, and paid the ultimate price

By J Brooks Spector

2018 Sentient Naartjie of The Year

Donald J Trump, The Sum of All Our Fears

J Brooks Spector 19 hours ago

Old-fashioned crisps used to come with a packet of salt giving the purchaser the choice whether to salt their chips or not.