A major obstacle to the development of Nigeria economy is...
A major obstacle to the development of Nigeria economy is
Low capital formation
Rural-urban migration
Over dependence on oil
Poor developmental policies
Correct answer is D
Nigeria's economic potential is constrained by many structural issues, including inadequate infrastructure, tariff and non-tariff barriers to trade, obstacles to investment, poor developmental policies, lack of confidence in currency valuation, and limited foreign exchange capacity.
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