Wage increment essential to Nigeria’s economic growth – Prof. Daron Acemoglu

Wage increment essential to Nigeria’s economic growth – Prof. Daron Acemoglu

Daron Acemoglu Economist Turkish-born American Economist, Daron Acemoglu, has argued that in order for the Nigerian economy to grow faster, there’s a need for the Government to prioritise wage increment and the creation of employment for its citizens.

Acemoglu stated this while giving a lecture to mark First Bank’s 125th anniversary celebration event, which was held at Eko Hotels & Suites, Victoria Island, Lagos.

The notable Economist was speaking on the theme: ‘Institutional Impact on Economic growth and Improved Living Standards.”He emphasized that job creation and other elements such as good health and education, are needed to achieve high-quality economic growth […]

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