JAMB - Economics (1982 - No. 4)
We can classify the people of Nigeria into three broad age group :Group one, 0-15years ; Group Two,16-64years; Group Three, 65years and above. Group Two is the most important economically because
it is the dependent population of Nigeria, economically
all student in Nigeria are in this group
more than 50% of all Nigerians are in this group
it is the most expensive group of the economy
it is the productive group of the economy