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Good for Women Good for Growth: Closing Nigeria’s Gender Gap

Good for Women Good for Growth: Closing Nigeria’s Gender Gap

March 8, 2018

Policies to invest in human capital that target women will reduce gender gap in education and boost Nigerian economy. (photo: peeterv/iStock by Getty)

Promoting gender equality can be an economic game changer. The IMF’s latest economic review of Nigeria’s economy says closing the gender gap would mean higher growth and productivity, and greater economic stability. In this podcast, IMF economist and coauthor, Monique Newiak, says Nigerian women could help transform the economy given the chance. The report shows Nigeria suffers from wide-spread gender inequality and is therefore missing out on a key ingredient to economic success. Newiak says reducing gender inequality could boost growth by one and one-quarter percent on average.

Monique Newiak, is an economist in the IMF’s Africa department and coauthor of Nigeria’s latest economic review, that includes a study on The Macroeconomic Costs of Gender Inequality in Nigeria.

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