Economics JAMB

One of the goals of development plans in Nigeria is to?

A. increase the profitability of multinational businesses
B. improve the country’s GDP
C. achieve higher standard of living for the citizens
D. deregulate the economy

Correct Answer:

Option C – achieve higher standard of living for the citizens

Explanation

Nigeria economic development plan is aimed at creating and maintaining a strong, vibrant local economy that will improve the standard of living of its citizens. This is done by putting in place policy direction for economic growth, and identify strategies, programs, and projects to improve the economy.

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