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Analysis

Institutional developments and legal changes restructure Nigerian energy sector
OBG
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Taking office in March 2015, Muhammadu Buhari, president of Nigeria, has made improving governance a top objective for his administration, with the energy sector one of his first priorities. Central to this is an overhaul, already in the works, for the Nigerian National Petroleum Corporation (NNPC) – the state-owned enterprise that both regulates and operates in the energy sector – as well as a…

Analysis

Nigeria improves conditions on its road network
OBG
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The government’s commitment to fiscal stimulus, coming amid more austere economic conditions, promises to give a boost to Nigeria’s road network in 2016. The upgrade and expansion of highways and roads is a high priority for the current administration and, if carried through to completion, could significantly reduce distribution costs and ease of movement, which – as the local residents who regularly…

Analysis

Nigerian transport section benefitting from a period of investment
OBG
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The aviation sector in Nigeria is going through a significant period of transformation. In all aspects, from infrastructure and airport management to domestic carriers, investment and change are on the cards. Given the current inefficiencies and challenges facing the sector, including long delays, burdensome costs and concerns over safety, this period of change will be welcomed. Alongside substantial…

Analysis

Updated legislation in Nigeria leads to pipeline of renewable projects
OBG
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Renewable energy has long been a core part of the electricity mix in Nigeria, with its three hydroelectric dams contributing around 20% of power supply. However, with the passing of a new national renewable energy policy, including targets and feed-in tariffs for various forms of renewables, the country hopes to take an even bigger step. The goal is to source 10% of renewable energy from sources other…

Analysis

Plans to introduce dry ports in Nigeria to reduce congestion
OBG
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A decade after the government first unveiled an initiative to bring a network of dry ports to Nigeria, the first signs that the infrastructure will take hold have emerged. In the last 12 months, plans to establish inland container depots have been revived. Such moves bode well for an improved intermodal environment, a reduction in seaport congestion and increased cross-border trade between the north…

Analysis

State and private entities pour finance into Nigeria's start-up culture
OBG
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As both the largest market in Africa in terms of value and population, and a major rising player in ICT uptake and investment, Nigeria’s reputation as a centre for technology start-ups and innovation-driven development has progressed rapidly. One of the major drivers for this is the enormous domestic demand. In June 2016 the country was home to 92.3m internet users, according to the Nigerian Communications…

Analysis

Lower cement prices likely to encourage activity in Nigeria
OBG
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Recent developments in Nigeria’s cement industry bode well for the construction sector moving forward. Indeed, capacity expansion and greater competition should help drive down prices in a market that remains comparatively expensive. Market Size Cement is one of the few building materials in which Nigeria is self-sufficient. The country is home to two of the three largest materials firms…

Analysis

Nigeria sees improving quality of service in telecoms provision as a priority
OBG
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Since Nigeria’s mobile telecoms sector was liberalised in 2001, call quality has improved dramatically, primarily on the back of some $32bn in telecoms-directed investments made by the nation’s four leading mobile operators. This high level of spending has helped turn the 184m-person country into the largest mobile telecoms market in Africa, boasting over 150m active subscribers in July 2016, according…

Analysis

Nigeria's 4G LTE has potential to rejuvinate sector performance
OBG
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In 2015 and the first half of 2016 mobile data moved to the front and centre of Nigeria’s telecoms sector. In recent years the country’s four established mobile operators – namely the local firm Globacom, the UAE’s Etisalat, South Africa’s MTN and India’s Airtel – have ramped up investment in the development of high-bandwidth mobile data networks in response to steadily increasing smartphone…

Analysis

Nigeria boosts fertiliser use to reach its yield potential
OBG
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Nigeria has a number of constraints hampering growth in the agricultural sector, ranging from transport networks to access to financing. However, chief among the challenges is limited productivity. The country suffers from sub-par yields, which curb farmers’ profitability and restrict efforts to achieve self-sufficiency in the sector. Consumption One answer to the productivity problem lies in the…