...period;" (3) "to lay the basis for a sustainable non-inflationary or minimal inflationary growth;" (4) "to lessen the dominance of unproductive investments in...and intensify the growth potential of the private sector."27 To achieve these goals of adjustment, the government devalued the currency by over 80 percent,...

...iii) to lay the basis for a sustainable non-inflationary or minimal inflationary growth; and iv) to lessen the dominance of unproductive investments in...intensify the growth potential of the private sector (Adeotun 1990; Ihonvbere 1991; Aluko 1987). To achieve these goals, the government was to implement...

...iii. to lay the basis for a sustainable non-inflationary or minimal inflationary growth; and iv. to lessen the dominance of unproductive investments in...intensify the growth potential of the private sector. To achieve these objectives, a set of measures was articulated in the SAP document. These included...

...dominance of unproductive investments in the public sector (through privatisation and commercialisation) to improve the sector's efficiency and intensify the growth potential of the private sector; - Achieving appropriate pricing by the removal of subsidies, especially those for petroleum products;...

...boards; to lay the basis for a sustainable non-inflationary or minimally inflationary growth; and to lessen the dominance of unproductive investments in...and intensify the growth potential of the private sector.19 Given the claim that the grossly overvalued naira introduced severe distortions into Nigeria's...

...boards; to lay the basis for a sustainable noninflationary or minimally inflationary growth; and to lessen the dominance of unproductive investments in...and intensify the growth potential of the private sector.12 Because of the overwhelming sentiment against SAP among Nigerians, Babangida sought to make...