Gross capital formation in Nigeria 1964-197..

Question 1 Report

Gross capital formation in Nigeria 1964-1973, what can be inferred from the histogram above?

there was a steady growth of capital formation in the period

capital formation in the last two years exactly equalled those of all previous years combined

at the end of the period, Nigeria had become self-sufficient

Nigeria experienced serious economic problems during the period

Nigeria is one of the richest countries in Africa