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CLOSING THE FUNDING GAP IN SOCIAL INFRASTRUCTURE
Making the case for adoption of endowment funds Nigeria’s GDP is growing below its population growth rate of 2.6%. The country is expected to become the third-most populous country in the world by 2050. This has serious implications for economic and human development in the absence of adequate funding. According to an Oxfam report in 2017, Nigeria was ranked 41st out of 41 countries in Africa for spending on healthcare, education and social security compared…
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