THE IMPACT OF POPULATION GROWTH ON THE NIGERIAN ECONOMY

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ABSTRACT

This study investigated the impact of population on Nigerian economic growth for a period spanning 1981-2021. The research employed Error Correction Model. The findings reveal that rapid population growth poses short-term challenges to economic development. Gender equality and skilled migration were found as substantial contributors to short-term economic development. Inflation exerted a negative influence on economic growth in Nigeria. From the results, it is recommended that policymakers address issues bordering on population management, gender equality, skilled migration, inflation control, and an enabling environment conducive to sustainable economic growth and prosperity.

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