EITI IMPLEMENTATION AND THE FEDERAL GOVERNMENT OF NIGERIA’S TRANSFORMATION AGENDA
- PROF ASSISI ASOBIE ,FORMER CHAIR NEITI NSWG
In the 1990s, in the post-SAP era , the improvement was only slight. Annual real GDP growth rate averaged 1.8% between 1992 and 998. Between 1999 and 2001, it averaged 3.5%. And in 2002, it was 1.4%. Indeed, according to one source, in the period 1992-2002, average growth rate was 2.25%. With estimated population growth of 2.8% per annum, this implied a contraction in per capita GDP over the period.