Dr. Emmanuel Moore Abolo presented Nigeria's 2021 economic outlook at an annual accountants conference. He discussed Nigeria's economic journey to 2020, reviewing GDP, inflation, oil prices and production levels. Globally, most economies are projected to recover in 2021 following COVID-19 impacts. For Nigeria in 2021, GDP growth may remain negative until Q3, while non-oil sectors and inflation are expected to improve. External reserves depletion and currency and interest rate pressures are also anticipated to continue through 2021.

1. DR. EMMANUEL MOORE ABOLO
Founder & Director General, The Economic Thinktank Centre Limited
GMD/CEO, The Risk Management Academy Limited
President, Institute for Governance, Risk Management & Compliance Professionals
President, Professional Speakers Society of Nigeria
NIGERIA 2021 ECONOMIC
OUTLOOK
Presented at the Annual Accountants Conference of ICAN at Amber Residence, Ikeja GRA, Lagos on January 30, 2021

2. OUTLINE
• ABOUT THE SPEAKER
• NIGERIA’ S JOURNEY TO 2020
• NIGERIA: 2020 IN RETROSPECT
• GLOBAL MACROECONOMIC PROJECTIONS
• NIGERIA 2021 ECONOMIC OUTLOOK
• WHICH WAY FOR ICAN IN 2021?
• WHAT NEEDS TO BE DONE? STRATEGIC IMPERATIVES
NIGERIA 2021 ECONOMIC OUTLOOK 2

3. About the Speaker
• Holds the Ph.D. degree in Economics and has over 25 years of dynamic and impactful knowledge in risk management,
corporate governance, strategy crafting, leadership and compliance with extensive experience cutting across several sectors
and industries.
• Was Chief Risk & Compliance Officer [Nexim Bank] ;Chief Economist [ First Bank of Nigeria Plc. & Access Bank Plc.]; Basel
Project Manager[ First Bank, NEXIM & Access Bank].
• One-time Group Head [Operational and Market Risks] at the above institutions.
• IFC-Certified Corporate Governance Board Leadership Trainer
• Director, Centre for Good Corporate Governance of Nigeria.
• Listed by the World Bank as one of the finest minds in risk management in Africa
• Recipient of the Federal Government of Nigeria National Merit Award.
• Founder & DG, The Economic Thinktank Centre
• GMD/CEO, The Risk Management Academy Limited
• Board member of five [5] other companies.
• Past President, Risk Management Association of Nigeria
• Council Member, Gerson Lehman Group
• President, Institute for Governance, Risk Management & Compliance Professionals
• Fellow [Institute of Management Consultants ; Fellow, Institute of Credit Administration; National Institute of Marketing of
Nigeria; Chartered Institute of Economists of Nigeria.
• International External Trainer [Risk Management] for KPM Learning & Development [Singapore]- Africa & Middle East.
• Presented over 800 papers at Conferences, Seminars, Workshops, etc both locally and internationally
• External Reviewer for two risk management journals [Ukraine and USA].
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4. NIGERIA’ s JOURNEY TO 2020
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5. NIGERIA’ s JOURNEY TO 2020
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6. NIGERIA: 2020 IN RETROSPECT
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7. NIGERIA: 2020 IN RETROSPECT-Real GDP and Purchasing Managers Index(PMI)
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PMI=economic indicators derived from monthly
surveys of private sector companies.

8. NIGERIA: 2020 IN RETROSPECT-Oil price, production (percent, change) and its volatility
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9. NIGERIA: 2020 IN RETROSPECT-Oil vs Non-oil sector( percent, change)
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Revenue as %

10. NIGERIA: 2020 IN RETROSPECT—SUMMARY STATISTICS
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11. NIGERIA: GDP GROWTH RATE 2019/2020
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12. NIGERIA: GDP GROWTH RATE 2020
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13. NIGERIA: INFLATION VS GDP GROWTH [%]—2015-2021
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14.23%

14. NIGERIA: FOREIGN RESERVES [ US$BN]-2010-2020
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15. NIGERIA: BALANCE OF PAYMENT AND FOREIGN RESERVES [ US$BN]-1996-2026
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16. GLOBAL MACROECONOMIC PROJECTIONS
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19TH

17. GLOBAL MACROECONOMIC PROJECTIONS
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Mexico, Indonesia, Nigeria, and Turkey
13TH

18. GLOBAL MACROECONOMIC PROJECTIONS
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19. GLOBAL MACROECONOMIC PROJECTIONS
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20. GLOBAL MACROECONOMIC PROJECTIONS
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21. GLOBAL MACROECONOMIC PROJECTIONS
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And recovery from Covid
impact

22. NIGERIA 2021 ECONOMIC OUTLOOK: BREXIT AND NIGERIA
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23. NIGERIA 2021 ECONOMIC OUTLOOK: BREXIT AND NIGERIA
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24. NIGERIA 2021 : DRIVERS OF CHANGE
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25. NIGERIA IN 2021
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AFCFTA BENEFITS TO AFRICA

26. NIGERIA IN 2021
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AFCFTA BENEFITS TO NIGERIA

27. NIGERIA IN 2021
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AFCFTA BENEFITS TO NIGERIA

28. NIGERIA 2021 GDP, EXCHANGE RATE AND INFLATION FORECAST
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29. NIGERIA 2021 GDP, EXCHANGE RATE AND INFLATION FORECAST
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30. GDP GROWTH TO STAY NEGATIVE UNTIL Q3’21
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31. GROWTH IN NON-OIL SECTORS TO IMPROVE FROM Q1’21
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32. INFLATIONARY PRESSURES TO PERSIST
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33. CURRENCY PRESSURES TO REMAIN
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34. INTEREST RATES LIKELY TO CLIMB IN 2021
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35. EXTERNAL RESERVES DEPLETION TO CONTINUE IN 2021
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36. EXTERNAL DEBT BURDEN WOULD REMAIN UNSUSTAINABLE
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37. OIL PRICE & PRODUCTION
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38. NIGERIA CONSUMER IN 2020
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39. NIGERIA
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40. NIGERIA 2021 ECONOMIC OUTLOOK 40

41. NIGERIA 2021 ECONOMIC OUTLOOK 41

42. NIGERIA 2021 ECONOMIC OUTLOOK 42
aboloemma@gmail.com
mail@drabolomoore.com
info@theriskacademy.org
info@pssn.org.ng
08021003297
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