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Friday, 10 April 2026
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Economics Past Questions and Answers

Post Utme Economics Questions

Question 51:
Nigeria, being a developing African
country in the sub-Sahara, has put together a development blue-print called Vision 20:2020 which can ensure that the country becomes
  • A One of the 20 developed countries by the year 2020
  • B An African economic ‘Tiger’ by the year 2020
  • C One of the 20 largest economies in the world by the year 2020
  • D One of the 20 largest economies in sub-Saharan Africa by the year 2020
  • E One of the 20 largest economies in the developing world by the year 2020
View Answer & Explanation
Question 52:
The major objective of economic growth is to
  • A Redistribute income and other benefit of growth
  • B Equalize opportunity for education and employment
  • C Increase aggregate expenditure on goods and services
  • D Increase the real per capita income
  • E Increase access to education
View Answer & Explanation
Question 53:
The most common index used for
measuring development is ____
  • A The level of literacy
  • B Per capita income
  • C Nutritional levels
  • D Population growth rate
  • E International development index
View Answer & Explanation
Question 54:
Which is NOT a direct effort to increase agricultural production in Nigeria?
  • A Operation Feed the Nation
  • B Nigerian Youth Service Corps
  • C Increased loans to farmers and
    cooperatives
  • D Research in Agriculture and extension services
  • E Mechanization of agriculture
View Answer & Explanation
Question 55:
Which of the following sectors of the economy is estimated to be the largest employer of labour in the country?
  • A Construction
  • B Agriculture
  • C Distribution
  • D Mining and petroleum
  • E Transport and communications
View Answer & Explanation