ACCOUNTING REFORMS AND SUSTAINABLE ECONOMY DEVELOPMENT IN NIGERIA.

Authors

  • Patience Chioma Omah, Ph.D.

Keywords:

Sustainable Development, Environment, Economic Development, Accounting Reforms, Nigeria.

Abstract

All nations in the world want economic development, but how to achieve sustainable economic development remains a difficulty for many. This is especially true after years of economic stagnation in accounting reforms and sustainable economy development in Nigeria as a nation. Globally, various paradigms of development are being taken into consideration, with sustainable development being one of them. Sustainable growth requires harmony between humans and the natural world. Now, there is a shift to an agenda that includes the three pillars of sustainable development while also making sure that ending extreme poverty within a generation is its top objective. Sustainable economic development will remain a mirage unless Nigeria starts down this road. The goal of this article is to find a sustainable strategy for Nigeria's economic growth. The purpose of the study is to learn how to build a dynamic equilibrium economy. The finest practices that can significantly aid in the creation of sustainable economic growth in Nigeria will be covered. The fundamentals of sustainable economic development will also be covered in the essay. Integrating sustainability and economic development by drawing on both environmental and economic development best practices. In order to establish sustainable economic development in Nigeria, the paper makes suggestions on how to support practical, environmentally sound, and socially responsible economic development initiatives.  Long-term sustainability requires harmony between humans and the natural world. Showing that environmental health should not be sacrificed in the name of human growth. The course of development chosen must always stay within the natural boundaries, but never cross them. It is a threat to survival that cannot be avoided. Sustainable economic development will remain a mirage unless Nigeria starts down this road. The goal of this article is to find a sustainable strategy for Nigeria's economic growth.

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Published

2024-01-05

How to Cite

Chioma Omah, Ph.D., P. . (2024). ACCOUNTING REFORMS AND SUSTAINABLE ECONOMY DEVELOPMENT IN NIGERIA. BW Academic Journal, 10. Retrieved from https://bwjournal.org/index.php/bsjournal/article/view/1686