Quartus Economics Warns of Impending Currency Stress in Nigeria Due to Lack of Mass Production

Quartus Economics has raised concerns about Nigeria's economic recovery being hindered by currency instability and a lack of mass production. The think tank highlighted the need for the country to embrace large-scale production to compete globally and avoid currency devaluation.

Nigeria's weak production culture and demographic pressures were identified as major threats to the economy. The report commended recent economic reforms but stressed the importance of sustained political will and private sector participation to ensure long-term stability and growth.