1999 Constitution, a Disincentive to Economic Diversification, Says Moghalu

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1999 Constitution, a Disincentive to Economic Diversification, Says Moghalu

« on: July 07, 2021, 07:02:51 PM »

1999 Constitution, a Disincentive to Economic Diversification, Says Moghalu

Nigeria’s 1999 Constitution, by placing ownership of natural resources exclusively in the hands of the central government, creates a disincentive for economic diversiﬁcation, says Professor Kingsley Moghalu, former Deputy Governor of the Central Bank of Nigeria (CBN) This is because it hampers a regional approach to economic diversiﬁcation and economic management in what is a […]
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