Nigerian Farmers Express Frustration over Lack of Progress Following Food Security Emergency Declaration
Despite President Bola Tinubu’s declaration of a state of emergency on food security in July, farmers in Nigeria report a…
Day: October 18, 2023
High Ship Berthing Costs in Nigeria Contribute to Soaring Petrol Prices
The cost of berthing a petrol-laden ship in Nigeria is substantially higher compared to its West African counterparts, significantly impacting…
Food Inflation Crisis Worsens in Nigeria, Straining Households
Nigeria’s food inflation has been on an upward trajectory since August 2019, accelerating further after the country removed petrol subsidies…
Naira Devaluation Spurs Export Demand, Eases Foreign Exchange Pressure on Manufacturers
Nigeria’s recent naira devaluation, while negatively impacting production capacity in the manufacturing sector, has led to increased foreign demand for…
Nigerian Electricity Demand Projected to Reach 45,662 Megawatts by 2030, Exceeding Current Capacity
The Nigerian Electricity Regulatory Commission (NERC) has stated that electricity demand in Nigeria is expected to grow to 45,662 megawatts…
Nigerian Ministers to Undergo Quarterly Performance Assessments Starting 2024
The Federal Government of Nigeria has announced plans to commence quarterly assessments of the performance of its 48 ministers beginning…
Nigeria Boasts Over 100 Operational Mini-Electricity Grids, a Major Market in Africa
Nigeria is currently one of the largest mini-grid markets in Africa with over 100 operational mini-electricity grids, according to the…
Lagos Blue Rail Resumes Passenger Operations with Increased Trips
The Lagos Metropolitan Area Transport Authority (LAMATA) has announced the resumption of passenger operations on the Lagos Blue Rail, following…