A Political Economy of Wellbeing/Wellness in Nigeria

Since the turn of new millennium, which was period clear comparison and computation misery index, Nigeria had always record low in index for report. Within last three years, that published has shown is sixth (6th) most miserable country one can reside. This measure also substantiated by recent report from World Bank on issue poverty, inequality, wellness. However, it seems to be an intensified interest how will overcome such unpleasant pattern. In this research, study examined macroeconomic indices enhancing people’s wellbeing—utilising economic growth, monetary policy position, governance efficiency as, unemployment, rate, inflation rate performance indicators. The conclusions drawn suggest resulting advancement wellbeing via allocative as well distributive productivity possible. Second, there a stiffening effect contractionary increases rates unemployment rates. outcome extracted shows unnecessary domestic lending characteristics Nigerian system invalidate people. Therefore, proposed authority reevaluate its present position sustaining high level rediscount rate.
 
 Received: 17 November 2021 / Accepted: 30 December Published: 5 January 2022