Solomonsydelle reports [1] that Nigeria has joined Brazil, South Africa, and 100 other countries in a category the World Bank refers to as “Middle Income.” She expresses her gratification that the nation has left the label “low income” behind, but wonders, “does this classification really mean anything?”
Nigeria: Now a “Middle Income” Country
· Written by Eremipagamo Amabebe
Categories: Sub-Saharan Africa, Nigeria, Development, Economics & Business