Nigeria - Structural adjustment program: policies, implementation, and impact (English) Abstract Under the Structural Adjustment Program (SAP) introduced in 1986, Nigeria reformed its foreign exchange system, trade policies, and business and agricultural regulations. This success notwithstanding, per capita income is still only US$320 and consumption.

Under the Structural Adjustment Program (SAP) introduced in 1986, Nigeria reformed its foreign exchange system, trade policies, and business and agricultural regulations. This success notwithstanding, per capita income is still only US$320 and consumption and income are little higher (in real per capita terms) than they were in the early 1970s before the oil boom. Because over 90 percent of Nigeria's export earnings are from oil, growth in agriculture and manufacturing could offset little of the large drop in purchasing power that resulted from the collapse of oil export revenues that had prompted the adoption of the SAP. For Nigeria to break its vicious circle of excessive public spending, inflation, and exchange rate depreciation, and to reach the virtuous circle achieved by these other developing countries, it will need to adopt a package of stabilization and structural measures that ensures the efficient use of resources (by both the public and private sectors) and the provision of basic social services. This path offers Nigeria the best prospects for sustaining economic growth and poverty reduction. • Document Date 1994/05/13 • Document Type Pre-2003 Economic or Sector Report • Report Number 13053 • Volume No 1 • Total Volume(s) 1 • Country; • Region; • Disclosure Date 2010/07/01 • Doc Name Nigeria - Structural adjustment program: policies, implementation, and impact • Keywords accounting,adjustment program,adjustment programs,agricultural output,agriculture,BALANCE OF PAYMENTS,borrowing,budgetary process,capita income,CApital Account,Capital.

Fdm/foqa Training Courses more. Everything Grenada. The International Monetary Fund under the Structural Adjustment Program' We Keep saying this is misleading. ST GEORGE’S, Grenada - The International Monetary Fund (IMF) wants to meet early next month to approve Grenada’s home grown structural adjustment program. A structural adjustment program is a plan implemented by the World Bank and the International Monetary Fund (IMF) to help nations. Structural Adjustment Programs.