The Structural Adjustment Programme: the Journey so Far

Authors

A Ahmed, Central Bank of Nigeria

Publisher

Central Bank of Nigeria

Keywords

Structural Adjustment Programme, SAP, Nigeria, Economy

Abstract

The SAP was introduced to achieve the following objectives: (i) To restructure and diversify the productive base of the economy in order to reduce dependence on the oil sector and imports; (ii) to achieve fiscal and balance of payments viability over the period; (iii) to lay the basis for sustainable non-innationary or minimal inOationary growth; (iv) to lessen the dominance of unproductive investment in the public sector, improve the sector's efficiency and intensify the growth potential of the private sector.

Author Bio

The author is the Governor, Central Bank of Nigeria

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

25

Recommended Citation

Ahmed, A. (1987). The Structural Adjustment Programme: the Journey so Far. CBN Economic and Financial Review. 25(4), 25-28.