By Dr Anthony Nwaubani The Economic Benefits of Stable Power Supply: As stated in Part 1 of this series, one of the strategic approaches to proffering solutions to economic challenges is the Pareto Principle, also known as 20-80 Rule. It focuses on the identification of and dealing with the small percentage (20%) of any human challenges that are responsible for the greater percentage (80%) of the overall challenges. For instance, if in a certain nation, it’s disclosed that 20% of the politicians accounted for 80% of all the looted public…
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