Abstract.Day3.Dasogot

Leveraging the National Transfer Account for Economic Transformation in Nigeria: Insights from the Subnational Profiles

Andat Dasogot, Basit Baruwa, Funmilola Tade, Noah Olasehinde, Olanrewaju Olaniyan, Akannia Lawanson, Rasaki Dauda, Oyeteju Odufuwa, Chukwuedo Oburota, Olanbanji Awodumi, Temitope Olalude, Omolola Lipede, and Oluwatoyin Adebayo

The huge population of Nigeria and its heterogeneity at the subnational levels implies that the process and opportunities for harnessing the demographic dividend would be location-specific. This paper seeks to examines how National Transfer Account Profiles of Kaduna (2017), Lagos (2020) and Ogun (2023) States, the three existing subnational entities and their implications for localized policy formulation. Kaduna is a northern state while Lagos and Ogun are southern states. the duration and value of the lifecycle surplus are 40 years and NGN340million (Ogun); 23 years and NGN1.4billion (Kaduna) and 18 years and NGN1.3billion (Lagos). Child deficit was NGN26.04billion and ended at 38 years in Lagos; it ended at 35 years in Kaduna and valued NGN1.03billion; it stopped at 27 years at NGN1.33billion; in Ogun. Old age deficit began at 68 years in Ogun at NGN240million; 59 years in Kaduna at NGN410million and 57 years in Lagos but with NGN30.12billion.