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The health sector remains a vital tool for sustainable development of any nation and therefore investment in this sector cannot be overemphasized. The present state of Primary Health Care (PHC) system in Nigeria is alarming, with only about 20% out of the 30,000 PHC facilities relatively distributed throughout the 774 Local Government Areas (LGAs) across Nigeria working partially. This study examines government expenditure on primary health care in Nigeria as well as its relations to real national output within the period 1980 to 2015 using secondary data and the Ordinary Least Square (OLS) econometric technique. The results of the model used revealed government health expenditure to be efficacious for economic growth, and for the well-functioning of primary health care in Nigeria. Nonetheless, such efficacy duly was also understood to be limited in three select aspects: funding/financing strategy, personnel/manpower quality and mobilization, and implementation framework. The paper, in conclusion, attests to the rationale that money spent wisely on capital health expenditure pays off well in both short-run and long-run for individuals, the society and nation at large.

The world economy presents opportunities for learning about developing economies, as they strive to attain a place of reckoning in the global market. This article, through salient themes from recent archived survey reports and interviews, exploration of relevant literature, and descriptive analytics presents a review of Nigeria's manufacturing and agricultural sectors. Thus, an approach which offers a synthesis of contemporary expert opinions, lessons from emerging market economies, and clear‐cut submissions from literature, which could enhance the competitiveness of these sectors. Amidst our findings, the operational strategies and ultimately industry/policy initiatives suggested include inward sourcing, strategic partnerships (both in sourcing and localization) and fiscal incentives among several possible milestones that could be explored to have the country prominent on the global industrialization map.

This article recapitulates some of the trade theories reputed to be of the twentieth century. Here, the Heckscher-Ohlin theory (with some of its variants), endogenous growth theory, product cycle theory, and new trade theory were considered. This review thereof, amidst others, highlight some of the assumptions of these theories and thus present some critique of the same theories.

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