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Monday, 13 April 2026
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A major obstacle to the development of Nigeria economy is

A major obstacle to the development of Nigeria economy is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Low capital formation
  • B Rural-urban migration
  • C Over dependence on oil
  • D Poor developmental policies
Correct Answer: Option D
Explanation:
Nigeria's economic potential is constrained by many structural issues, including inadequate infrastructure, tariff and non-tariff barriers to trade, obstacles to investment, poor developmental policies, lack of confidence in currency valuation, and limited foreign exchange capacity.

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