Nigeria Biannual Economic Update, April 2019: Water Supply, Sanitation and Hygiene – A Wake-up Call

doi:10.1596/31514

Publication:
Nigeria Biannual Economic Update, April 2019: Water Supply, Sanitation and Hygiene – A Wake-up Call

dc.contributor.author	World Bank Group
dc.date.accessioned	2019-04-09T19:46:53Z
dc.date.available	2019-04-09T19:46:53Z
dc.date.issued	2019-04-01
dc.description.abstract	Nigeria's emergence from recession remains slow: real GDP grew by 1.9 percent in 2018. While this was above the 0.8 percent growth of 2017, it was below the population growth rate, government projections and pre-recession levels. The oil and gas sector reverted to contraction from the second quarter of the year and the non-oil economy was thus the main driver of growth in 2018. While agriculture slowed down significantly due to conflict and weather events, whose effects were not counteracted by direct interventions by the Central Bank of Nigeria (CBN), non-oil, non-agricultural growth, which remained negative up to the third quarter of 2017 strengthened through 2018 - but remained weak – with services (primarily ICT) resuming as the key driver. As the oil sector is not labor-intensive, and the non-oil economy was still relatively weak, nearly a quarter of the work force was unemployed in 2018; and another 20 percent under-employed. With 3.9 million net entrants into the labor force (now 90.5 million people) during 2018 (up to September) (4.5 percent growth), but virtually no growth in the stock of jobs, unemployment rose by 2.7 percentage points since end-2017, and more than doubled compared to the pre-recession levels (9.9 percent in Q3 of 2015).	en
dc.identifier	http://documents.worldbank.org/curated/en/747151554485134566/Nigeria-Biannual-Economic-Update-Water-Supply-Sanitation-and-Hygiene-A-Wake-up-Call
dc.identifier.doi	10.1596/31514
dc.identifier.uri	https://hdl.handle.net/10986/31514
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC OUTLOOK
dc.subject	PROTECTIONISM
dc.subject	MONETARY POLICY
dc.subject	FISCAL TRENDS
dc.subject	CURRENT ACCOUNT
dc.subject	OIL PRODUCTION
dc.subject	OIL PRICE
dc.subject	DEBT
dc.subject	RISKS
dc.subject	WATER AND SANITATION
dc.subject	HYGIENE
dc.subject	PUBLIC EXPENDITURE
dc.title	Nigeria Biannual Economic Update, April 2019	en
dc.title.subtitle	Water Supply, Sanitation and Hygiene – A Wake-up Call	en
dc.type	Report	en
dc.type	Rapport	fr
dc.type	Informe	es
dspace.entity.type	Publication
okr.crossref.title	Nigeria Biannual Economic Update, April 2019
okr.date.disclosure	2019-04-05
okr.doctype	Economic & Sector Work::Economic Updates and Modeling
okr.doctype	Economic & Sector Work
okr.docurl	http://documents.worldbank.org/curated/en/747151554485134566/Nigeria-Biannual-Economic-Update-Water-Supply-Sanitation-and-Hygiene-A-Wake-up-Call
okr.guid	747151554485134566
okr.identifier.doi	10.1596/31514
okr.identifier.externaldocumentum	090224b086b518e9_2_0
okr.identifier.internaldocumentum	30962517
okr.identifier.report	135877
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/747151554485134566/pdf/Nigeria-Biannual-Economic-Update-Water-Supply-Sanitation-and-Hygiene-A-Wake-up-Call.pdf	en
okr.region.administrative	Africa
okr.region.country	Nigeria
okr.topic	Energy::Oil & Gas
okr.topic	Macroeconomics and Economic Growth::Economic Forecasting
okr.topic	Macroeconomics and Economic Growth::Economic Growth
okr.topic	Macroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topic	Water Supply and Sanitation::Water Supply and Sanitation Economics
okr.topic	Water Supply and Sanitation::Water Supply and Sanitation Finance
okr.unit	DECRG: Macroeconomics & Growth (DECMG)

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