What are the economic issues in Nigeria?

What are the factors affecting Nigeria economy? The major factors hurting the Nigerian economy include inflation, unemployment, government policy, monetary policies, inadequate infrastructures and power supply, inadequate health facilities, insecurity, ineffective leadership and corruption, and over-reliance on oil.

What is the role of a Nigerian wife?

B3. Responsibilities around the house A. In your household, what duties is the typical Nigerian woman responsible for? She is responsible for cooking, cleaning the house, washing our clothes, mine too, bathing the children, sweeping the compound, she takes my water for bath – take the water to the bathroom for me.

What is the foreign policy of Nigeria?

Since independence, with Jaja Wachuku as the first Minister for Foreign Affairs and Commonwealth Relations, later called External Affairs, Nigerian foreign policy has been characterised by a focus on Africa as a regional power and by attachment to several fundamental principles: African unity and independence; …

What type of economic system does Nigeria have?

Nigeria has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation.

What are the gender roles in Nigeria?

There is a gender socialization of culture in societies. In Nigeria for instance, as a gender role, women are engaged in petty trading more than men. Women use the proceeds to contribute money in some parts of Northern Nigeria to support the men during conflicts in buying foodstuff.

What are the causes of gender inequality in Nigeria?

Women participation in politics in Nigeria is on the low; women are heavily discriminated against and given little or no opportunity to participate in politics Anyalebechi (2016) identified factors that contribute to the high inequality gap in women participation in politics, factors such as culture and norms favoring …

Is Nigeria a socialist or capitalist economy?

Nigeria, in economic terms, is a mixed economy with a growing and much-needed capitalist input. This capitalist dynamic between private business driving a sector and government regulating is seen in sectors that are growing and improving the lives of Nigerians.

Is Nigeria a capitalist or socialist state?

As evident in the ERGP, the Nigerian government considers the appropriate economic model as being somewhere in between capitalism and socialism, which aligns with the approach of many countries – a mixed economy.