Despite its importance, less than 1% of Nigeria’s GDP is spent per annum on waste management and water supply (below the recommended standard of 3% to 5% of national GDP). Nigeria has over 35% of her population living in cities with a growing urbanization rate of about 7% per annum; less than 10% of the city populations enjoy marginal waste management services.
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- What Nigeria’s Bank Customers Want: An Assessment of Retail and SME Banking Preferences (2015)