Nigeria, like many other African countries, is experiencing a rapidly ageing population, with significant implications for healthcare, social security, and economic growth. Lack of functional national policy on the care and welfare of older persons in Nigeria, the breakdown of the family structure and the absence of a social security system, present unique challenges to the elderly in Nigeria. This paper analyzes the demography of the ageing population in Nigeria with a focus on the trends, challenges, and implications for healthcare, social security and economic growth. The paper relied on secondary sources of data such as journal articles and books in the area of the ageing population in Nigeria for its analysis. The Disengagement Theory provided theoretical pathway for the study. Based on the review, it was found that the rapidly ageing population poses challenges to Nigeria’s development including strains on social security system, increased healthcare costs, and potential decline in economic productivity. These challenges are due to lack of policies and the appointment of personnel capable of understanding and responding to the current social priorities and complex needs of an increasingly aging population in the country. The paper recommends among others, the need for policy makers to put in place, functional policies towards a robust public pension, insurance and healthcare system to ensure a more sustainable and equitable future for the ageing population in Nigeria.
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