NCCN challenges WEF competitiveness ranking, says based on lagging indicators

NCCN challenges WEF competitiveness ranking, says based on lagging indicators

The World Economic Forum (WEF) 2015 Global Competitiveness Index (GCI) rankings which placed Nigeria 127 of the 144 countries assessed is based on lagging indicators, according to the National Competitiveness Council of Nigeria (NCCN). “The underlying analytical framework of the GCI is based upon lagging indicators that do not reflect one of the most fundamental…

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