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BUILT BYCerebrohives
BooksUNNECO 512

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DEMOGRAPHIC CHANGES AND ECONOMIC  PERFORMANCE IN NIGERIA: AN EMPIRICAL  INVESTIGATION

ECO 512: DEMOGRAPHIC CHANGES AND ECONOMIC PERFORMANCE IN NIGERIA: AN EMPIRICAL INVESTIGATION

ByAnthony Orji
SchoolUniversity of Nigeria, Nsukka
DepartmentEconomics
CategoryAcademic JournalsResearch Papers
Levels100200300400500600Post Graduate
₦ 3000
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Description

Demographic changes in Nigeria are associated with divers outcomes. This ranges from 

unemployment with figures ranging from 14 percent per annum for the entire population to 

30 percent for the youth, coupled with stagnating economic performance. Ordinarily the 

growth of population could be to the advantage of a country in terms of the sheer size of its 

domestic market, better division of labour, and increased productivity through improvement 

in the ratio of labour force to population etc but the story may not always be the same for 

every economy. This study therefore investigated the extent to which demographic changes 

in Nigeria impact on economic performance in the country, as well as the direction of 

interaction between population changes and economic performance in Nigeria from 1970-

2016. To achieve this, the study adopted Ordinary Least Squares (OLS) and Autoregressive 

Model (VAR) and found that fertility levels remain moderately high while the death rate 

drops especially infant mortality, leading to a larger population in Nigeria. Following the 

research findings, this study recommends that government should enact strict laws 

prohibiting early sex and marriage among youths. This early engagement on sex and 

marriage, the paper argued, will increase the mortality rate in Nigeria as a result of sexual 

infection, unwanted pregnancy as well as reduction in economic performance of the country. 

Also serious public enlightenment campaigns should be mounted by government agencies, 

the mass media, radio, television, chiefs, churches, schools, mosques, home videos, etc. to send across the message that emphasizes the need and importance of family planning, healthy

and improved living conditions for the people through population control.