Experts predict that by 2035, the city will have 24. The city now generates 25% of nigeria s total gross domestic product, and it has many millionaires. This urbanization rate has resulted in a total urban population of 62. As such, implementing policies that will deliver inclusive growth and engender a productive labour force is imperative. The chart shows that global population growth reached a peak in 1962 and 1963 with an annual growth rate of 2. According to the economics help organization, unemployment can be explained as the number of people or people in the workforce who are willing, able and capable to work but do not have a paid job. In effect, the paper empirically tests the association between population growth and economic development in nigeria between 1980 and 2003 and found that. The consequences of rapid population growth on nigerias. This study evaluated the impact of demographic structure on nigerias economic growth over the period between 1981 and 2016. Pdf population growth and economic growth in nigeria.
History of population growth in nigeria when nigeria declared its independence, it was a relatively small population country with only 45. The fear is on the ration of global population to food and other infrastructural amenities as. Pdf population growth and savings in nigeria oluwasola e. This study examines the effect of population growth on savings in nigeria. Nigeria s gdp and population growth nigeria s gross domestic product gdp, according to the latest report by the nigerian bureau of statistics nbs, recorded a real annual growth. Unfortunately, lagos and nigeria s meteoric growth means that resources and housing continue to be spread thin and much of the population struggles with poverty. The global population has grown from 1 billion in 1800 to 7. Dynamics of demographic structure and economic growth in nigeria. Population ages 7074, female % of female population population ages 65 and above, male % of male population population ages 2024, female % of female population. Lagos population growth lagos has enjoyed tremendous growth, reaching 21 million from just 1. They have offered free contraception over the past 10 years or so and they have even started taking steps to discourage people who are looking to have large families. Nigerian population growth and its implications for economic. Ordinarily, the rapid growth of nigeria population should be a plus to the country, but it seems not due to several factorsgrowing unemployment, poverty, lack of basic amenities, poor economy and. Up to a point, population growth can be accommodated.
The growth rate of the worlds population peaked in 1965. With those numbers, nigeria will become the third most populated country in the entire world, surpassing the united states in the near future. Nigerian population growth and its implications for economic development. Unemployment and population are two solid indicators to a countrys development and growth. Urbanization means the share of urban population in the total population of a country. With nigeria s population growing at more than 3% a year, nigerian authorities are offering free family planning methods and advice to nigerian families in an effort to slow population growth. Nigerias gdp and population growth leadership newspaper.
Get free research paper on impact of population growth on unemployment in nigeria. Nigeria expected to have larger population than us by 2050. Population of nigeria state by state heres an overview of the states and their population. With this population, the country will rank as the third largest populated country globally. Jan 05, 2018 under some circumstances, a countrys population could be cited as a strength but when, like in nigerias case, population growth outpaces public infrastructure and development by far, then it. The federal government of nigeria declares the nations growth as one of the unsustainable factors of the economy of the country. Nobody doubts that, the world is getting populated, and various measures were put in place to address the ever increasing growth of the global population. The importance, how to, effect causes relationship, comparison, history, role, solutions are discussed. The consequences of population growth on the economic development of less developed countries and developed countries are not the same because the condition prevailing in these countries are quite.
According to the research, by the end of 2018, the population of nigeria will increase to 199,805,437 people. Nigeria population growth rate 19502020 macrotrends. Nigeria s population increased by 57 million from 1990 to 2008, a 60% growth rate in less than two decades. The consequences of population growth on the economic development of less developed countries and developed countries are not the same because the condition prevailing in these countries are quite different from those of developed economy. The scholarly literature on this issue labels this view, which stresses the mixed and ambiguous impacts of population growth on economic change, revisionism. Nigeria s population is projected to rise to 410 million by 2050 2018e.
The population of nigeria in 2019 was 200,963,599, a 2. Nigerian population growth and its implications for. Population growth and economic development in nigeria. Executive summary emerging from a recession with major currency depreciation and high inflation in 2016 the pace of economic growth in nigeria 1. Recent researches in this field show that population. As the twentyfirst century began, the worlds population was estimated to be almost 6. More so, in the absence of effective human capital development, an increasing population can have adverse negative effect on the economic. When nigeria declared its independence, it was a relatively small population country with only 45. We show how the world population grew over the last several thousand years and we explain what has been driving this change.
Chart and table of nigeria population from 1950 to 2020. Several factors may be blamed for the prevalence of youth unemployment in nigeria. The country ranks 10th among the countries with the highest average birth rate for. In 2018, the total population of nigeria amounted to approximately 195. Nigeria s growing population is a result of a high fertility rate and increasing life expectancy. The results revealed that there is a positive relationship between economic growth proxied by gdp growth and population growth in nigeria. United nations projections are also included through the year 2100. According to the census bureau of the united states, the population of nigeria will reach 402 million people by the year 2050. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor. Rapid population growth and economic development in nigeria lawanson olukemi.
Population growth is the increase in the number of individuals in a population. Food crop production increases have not kept pace with population growth, resulting in rising food imports and declining levels of national food. Ten countries with the largest populations, 2017 and 2050 among the ten most populous countries of the world today, one is in africa nigeria, five are in asia bangladesh, china, india, indonesia, and pakistan, two are in latin america brazil and mexico, one is in northern america united. If not checked, this duo tyrant can pose devastating effects on the nations future economy. Nigeria is known to have a rapidly growing population. Nigerias population projected to double by 2050 voice.
The population of nigeria is growing at a rate of 3. Sustainable development sustained economic growth, poverty eradication. Demographers estimated the population to be 91,178,000 in 1985. The growth rate of the worlds population peaked in 19651970, when it was increasing by 2. Global human population growth amounts to around 83 million annually, or 1. In this post, we take a look at the effects of population explosion on standard of living in nigeria. The current population of nigeria in 2020 is 206,9,589, a 2. New york nigeria is projected to be the worlds third most populous country by the year 2050, according to a report released by the. It is estimated that nigeria has lost usd 10 billion in annual export opportunity from groundnut, palm oil, cocoa and cotton alone due to continuous decline in the production of those commodities. The effects of population growth in nigeria request pdf. Population growth may become a severe problem for a country, which has a lack of natural resources to cater to the needs of its inhabitants. Here we briefly outline the conclusions of this school of thought as expressed in an overview of the population. World population growth this article is focusing on the history of population growth up to the present. Feb 17, 2020 nigeria population growth the nigerian government has been doing its best to help curb a rapid growth in population.
Understanding the relationship between growth and employment. Nigeria population and development factsheet health policy plus. The policy has a 2015 end date for most targets, and aims to improve standards of living and quality of life for nigeria. Nigeria population is currently estimated at 192 million individuals with growth rate of 2. Pdf this research explores the effect of population growth on the economic growth of nigeria over the period of 1981 to 2015. Nigerias 2004 national policy on population for sustainable. Effects of population growth in nigeria consequences and. Density of population is calculated as permanently settled population of nigeria divided by total area of the country. Urban population growth annual % sources what is a population pyramid. Therefore this study seeks to investigate the impact of population growth on unemployment in nigeria. Another look at the impact of nigerias growing population on the. Impact of population growth on the nigeria economy 1980. Pdf on jan 1, 2009, ebele stella nwokoye and others published population growth and distribution in nigeria find, read and.
The policy has a 2015 end date for most targets, and aims to improve standards of living and quality of life for nigerias people by addressing the complex. Nigeria the human capital index hci database provides data at the country level for each of the components of the human capital index as well as for the overall index, disaggregated by gender. In 2018, the total population of nigeria amounted to. More than half of the growth predicted between now and 2050 is expected in africa, where the number of people is set to more than double, from 1. Growth was fastest in the 1980s, after child mortality had dropped rapidly, and has slowed slightly since then as the birth rate has declined slightly. Causes and effects of population explosion in nigeria. D associate professor, department of economics, university of lagos, nigeria abstract the human race is faced with an increasing number of. In 2005, nigeria adopted the national policy on population for sustainable development 2004, the second such strategy in the nations history. Therefore the body of literature on population growth in nigeria has always emphasized either the negative or the positive effect. Effects and causes of overpopulation in nigeria includes abstract and chapter one, complete project material available effects and causes of overpopulation in nigeria abstract this research work was designed to find out the causes and effect of overpopulation in nigerian. Apr 12, 2019 with nigerias population growing at more than 3% a year, nigerian authorities are offering free family planning methods and advice to nigerian families in an effort to slow population growth.
Dissecting causes, consequences of nigerias population. Feb 17, 2020 the lagos state government estimates the population of lagos at 17. The high population growth of nigeria is described as a risk factor by the economic recovery and growth plan. This research explores the effect of population growth on the economic growth of nigeria over the period of 1981 to 2015. Nigerias population projected to double by 2050 voice of.
The consequences of population growth on the economic development of less developed countries are not the same because the condition prevailing in these countries are quite different from those of developed economy. In carrying out this research, the researcher visited some areas in. As such, implementing policies that will deliver inclusive growth and engender a. The averaged population growth rate for the period of 2000 to 2012 was 1.
This study investigated the relationship between population dynamics and economic growth in nigeria using time series data spanning from 1970 to 2014. It accounts for one in five of subsaharan african people. Pdf population growth and life expectancy in nigeria. Demographic statistics, 4 united nations statistical division. This study empirically investigates the effects of population growth on average life expectancy in nigeria taking into account the explicit role of healthy citizens in economic development as well. Under some circumstances, a countrys population could be cited as a strength but when, like in nigeria s case, population growth outpaces. Urbanization challenges and housing delivery in nigeria. Request pdf the effects of population growth in nigeria this study discusses the use of double time growth analysis in the explanation of the need for. Total area is the sum of land and water areas within international boundaries and coastlines of nigeria. Theoretical models and empirical studies yield ambiguous predictions concerning the impact of population growth on saving. Nigeria s population has been increasing rapidly for at least the last 5 decades due to very high birth rates, quadrupling its population during this time. Nigeria continued to be affected by three ongoing conflicts. Data on gdp and exchange rate were obtained from central bank of nigeria.
The effects of population growth on economic growth in nigeria. The overall effects of this growth on the living standards, resources use and the environment will continue to change the nigerian landscape for a very long period of time if nothing is done to checkmate the rapid population growth. Results on the effects of population growth in nigeria. For the last halfcentury we have lived in a world in which the population growth rate has been declining. Understanding the relationship between growth and employment in nigeria. The rate of unemployment in nigeria is unimaginably growing amidst alarming economic recession while population growth is on the increase. According to the data from the nigeria health watch, nigeria had a 300% increase rate in the last 56 years.
The policy has a 2015 end date for most targets, and aims to improve standards of living and quality of life for nigeria s people by addressing the complex. Impact of population growth on nigeria economic growth. Feb 04, 2020 this statistic shows the degree of urbanization in nigeria from 2008 to 2018. Its coast in the south is located on the gulf of guinea in the atlantic ocean. To achieve the following goals of the 2003 nigeria national policy on population for. Nigeria s rapid population growth, especially in urban areas, poses difficult economic, social, and public health challenges. Structural transformation and jobless growth in nigeria. Causes and implications of nigerias population growth. The population density, defined by another analysis, is 210. Mar 04, 2018 nigerias gdp and population growth nigerias gross domestic product gdp, according to the latest report by the nigerian bureau of statistics nbs, recorded a real annual growth rate of. This statistic shows the total population of nigeria from 2014 to 2024. The ongoing rapid growth in nigeria s population without an observable increase in the resources poses a serious challenge to the countrys development.
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