The Development Agenda for Western Nigeria (DAWN) Commission has published its periodic economic journal titled “Achieving Long-term Productivity Growth in Southwest Nigeria”. The report offers crucial insights into the region’s economic development trajectory and actionable strategies for enhancing productivity.
This timely publication arrives amidst growing discourse on economic diversification and the need for sustainable growth across Nigeria’s geopolitical zones. The report uniquely positions the Southwest region—comprising Lagos, Ogun, Oyo, Osun, Ondo, and Ekiti states—as a potential catalyst for national economic transformation through improved productivity.
Drawing from extensive desk research and analysis, the report highlights that the Southwest region, with a GDP exceeding $250 billion and contributing approximately 25% to Nigeria’s total GDP, stands at a crucial juncture. It emphasises that while the region has made significant strides, there remains substantial untapped potential across various sectors.
Key findings from the report include:
- Detailed analysis of productivity drivers specific to Southwest Nigeria
- State-by-state assessment of current productivity levels and growth potential
- Evaluation of existing government efforts towards productivity enhancement
- Practical recommendations for accelerating productivity growth
The report also addresses critical challenges facing the region, including infrastructure gaps, skill mismatches, and institutional constraints, while proposing innovative solutions rooted in regional cooperation and evidence-based policy making.
“This publication is not just another report; it’s a roadmap for transforming the Southwest’s economic landscape,” said Dr. Seye Oyeleye, Director General of DAWN Commission. “By focusing on productivity growth, we can create more jobs, reduce poverty, and position our region as a competitive force in the global economy.”
According to Dr. Adesoji Farayibi, Head of DAWN Commission’s Economic Competitiveness Desk, the report is expected to “garner attention from policymakers, business leaders, and development experts in order to foster collaborative approach to development of the region. Building a more productive Southwest Nigeria starts with understanding the path forward.”
The Commission encourages all stakeholders—government officials, private sector actors, academics, and citizens—to engage with the report’s findings and recommendations.