FDC BI-MONTHLY ECONOMIC & BUSINESS UPDATE – JANUARY 19, 2017 (Re: The Illusion of Prosperity vs. the Frustration of Misery- The Nigerian Story)

An illusion of prosperity as depicted by official data (e.g. rising external reserves) and the reality of an increasing misery index is making the average Nigerian perplexed and frustrated.

Whilst optics are important as a communications strategy, people will applaud, vote, protest or revolt based on how good they feel.

In this edition of the FDC Bi-monthly, the Think Tank attempts to differentiate between the mirage of economic wealth and success, and the reality of abject poverty.