Using Secondary Data To Understand Nigeria’s Economic Activities

What is really wrong with some young people in Nigeria? Can they just focus on data and not tribe? This post on where things stand is bringing that thing I do not like. Any long-time visitor to this feed knows that regularly, I share where things stand, extrapolating from ship traffic on the harbour, number of parked commercial aircrafts, volume of traffic at international airports, etc, to model our economic activities.

Sure, I have never sent the outcome to any journal because it is not scientific but it helps us in our business. Simply, we discover patterns before most people know what is going on.

My students in Tekedia Institute  do appreciate how we help them understand things at a really simple level. Period, my feed is a classroom. This was a similar post in Jan 2018 and there are many others (sure, I do not share more detailed indicators here because those are proprietary as one still needs to buy garri, zobo and nkwobi).

Young People, to get value from my post, drop the tribal nonsense. Nigeria cannot thrive that way. You can learn from some of these methods.

Recall: when Nigeria closed the land borders, I was among the few  who said that would trigger a massive trade route distortion with potential weakening of many communities in Nigeria. The massive rise of kidnapping started after we closed land borders as micro-economies which have existed for decades were destroyed. Togo, which has less than 5% of Nigeria’s population, grew its port to become the busiest port in West Africa. In my data, I shared how that policy scored many own goals against Nigeria.

Nigerians Must Quadruple Efforts to Avert Economic Paralysis as Supply Chain Volume Drops

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