RESEARCH REPORT ECONOMIC DEVELOPMENT IN URBAN NIGERIA JULY 2015 ROBIN BLOCH NAJI MAKAREM ICF International Univeristy College London MOHAMMED-BELLO YUNUSA NIKOLAOS PAPACHRISTODOULOU Ahmadu Bello University ICF International MATTHEW CRIGHTON ICF International i Rights and Permissions Except expressly otherwise noted or attributed to a third party, this report is © 2014 ICF International, under a Creative Commons Attribution-Non-Commercial- ShareAlike CC BY-NC-SA. Please cite as follows: Bloch R., Makarem N., Yunusa M., Papachristodoulou N., and Crighton, M. (2015) Economic Development in Urban Nigeria. Urbanisation Research Nigeria (URN) Research Report. London: ICF International. Creative Commons Attribution-Non-Commercial-ShareAlike CC BY-NC-SA. Comments or enquiries related to this report or its datasets, which are available on request, should be addressed to
[email protected] Cover photo: Nikolaos Papachristodoulou. TABLE OF CONTENTS ACKNOWLEDGEMENTS .......................................................................... ii ACRONYMS .......................................................................................... iii EXECUTIVE SUMMARY ........................................................................... 1 INTRODUCTION ..................................................................................... 4 NIGERIA’S ECONOMY TODAY ................................................................. 6 KEY MACROECONOMIC TRENDS ................................................................... 6 NATIONAL INDUSTRIAL COMPOSITION