The secret to making Nigerians rich is outside our borders
How can exports drive growth? Source: Stears Business

I was in my favourite city last week. 

It was peaceful, there was no traffic, and the roads were beautiful. If it isn’t apparent already, I am describing the ever-tranquil city of Abuja. 

Carved out of old pieces of Niger, Kwara, Kaduna, and Plateau, the Federal Capital Territory (FCT) was created with one purpose: to be Nigeria’s capital. Lagos was too congested, and so Abuja was designed to avoid that problem entirely. The central city oozes wealth, but as far as economic activity is concerned, they don’t do anything obvious to the eye. 

You won’t describe Abuja as a centre for enterprise. 

Services like public administration, real estate, construction, and retail trade make up 97% of the state's economy in 2017 (latest state GDP data). Agriculture only makes up 1%, and manufacturing is just a drop in the ocean. Compare this to the average state in Nigeria that has agriculture

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Tokunbo Afikuyomi, Jr.

Tokunbo Afikuyomi, Jr.

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