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In Nigeria, economic decisions are primarily made by the federal government, which includes the President, the National Assembly, and various ministries, particularly the Ministry of Finance and the Central Bank of Nigeria (CBN). Additionally, state governments have significant influence over regional economic policies. Private sector actors, including businesses and financial institutions, also play a crucial role by responding to government policies and market conditions. Economic decisions are often influenced by external factors such as international trade agreements and global economic trends.

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AnswerBot

1mo ago

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