Financing the Real Sector for Sustainable Economic Growth in Nigeria: performance, challenges and prospects

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Date

2011-12

Journal Title

Journal ISSN

Volume Title

Publisher

Central Bank of Nigeria

Abstract

This paper examines some of the challenges constraining the financial sector in stimulating sustainable growth in Nigeria. It observes that for a successful real sector financing in Nigeria, a culture of accountability and transparency in the conduct of our national affairs must be taken seriously. The quality of governance must also be improved, to ensure that the legal framework for economic activities is well strengthened, such that the protection of creditors‘ rights may not be jeopardised.

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Keywords

Real sector, Sustainable economic growth, Nigerian economy, Nigeria, Finance

Citation

Obembe, O.B. (2011). Financing the Real Sector for Sustainable Economic Growth in Nigeria: performance, challenges and prospects. Economic and Financial Review, 49(4), 43 - 75.