Reigniting growth and sustainable development in Nigeria

Mindset Shifts Required!  

A look back in the last two decades indicates that while Africa posted positive economic growth rates during the early 2000s, this has not resulted in sustainable poverty reduction strategies for many countries.


In this report, Verraki identifies the three critical mindset paradigms for sustainable development: Systems Thinking, Embracing Diversity and Inclusion, and Knowledge-based Evolution and proffers solutions on how Nigeria and other African countries can drive sustainable development by a necessary shift in mental maps and norms.


‘Nigeria is at a critical historical juncture, with a choice to make. Nigeria can choose to break decisively from business-as-usual, and rise to its considerable potential by sustaining the bold reforms that have been taken thus far and going even further and with an even greater sense of urgency to promote faster and more inclusive economic growth.”


Shubham Chaudhuri, World Bank Country Director for Nigeria


This report asserts that sustainable socio-economic development is within Nigeria’s reach. The uncertainties of the COVID-19 pandemic, and the ambitious vision of the Nigerian Government to lift 100 million Nigerians out of poverty by the year 2030, presents a clarion call for new approaches to be implemented to reignite growth based on systems thinking, improved capacity of the state, and inclusion of diverse stakeholder groups.