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Nigerian Population Growth and Its Effects on Future Economic Development

Kurtis Adigba Blog
Written by: Kurtis Adigba

Nigeria does not have infinite resources.

But it has a rapidly growing population!

It is projected that Nigeria will become the third most populous country in the world in 2050, behind China and India. The estimates are between 280-400m. This is scary!

What is even scarier, is the fact that nothing is being done to rein in the exploding growth in population. Rather, we are fixated on sharing the resources- who gets what. We should be thinking more about how to control the number of future sharers; but we are not.

At the current rate, we are struggling, many are living in poverty and below the poverty level; just imagine what it will look like with more mouths to feed and take care of! It is frightening!

Nigeria’s population is dominantly young- Baby boomers. With an economy ravaged by many years of corruption and bad economic management, the economy will continue to struggle.

And with the effect of globalisation, poverty may increase or decrease, but we need to do something fast: control the growth of our population. It is not for nothing that China at some point had a one-child policy.

It is not for lack of resources that the super-rich has fewer children compared to the poor. The government, need to pour resources in the efforts to control the growth of the population.

This is a time bomb ticking!

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