The first and certainly most important step in any policy formulation is problem definition. Policies are solutions to problems, but unless the problem is properly defined, the policy adopted to solve it may fail. So, to get the right policy outcomes, you need the right policy, but in order
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more