The creation of a sustainable, local ICT industry is a primary long-term objective of the Federal Ministry of Communication Technology (FMCT), which is working to boost Nigerian participation. Local private involvement is also on the rise, as firms work to tap into the rapid expansion of mobile data subscribers. Both the FMCT and the private sector...
As the economy grows, sales of buses, trucks and cars are rising in Nigeria. Automakers are capitalising on the vehicle boom and setting up dealerships across the country, while some firms are taking a stab at local assembly. However, ensuring that the vehicles – whether imported formally or locally produced – can compete with cars sold on the grey...
Vehicle sales in Nigeria are growing rapidly, with automakers seeing double-digit growth over the past year. In order to capture more demand, firms are looking to expand retail detailerships while some are even attempting local assembly. The government has taken steps to support domestic production, but investors say that without greater protections...
How do you view the relative efficiency of private clouds versus public or shared clouds?
The largest contributor to Nigeria’s GDP, the agriculture sector accounted for a 40.1% share as of mid-2013, according to the Nigerian National Bureau of Statistics (NBS). It is also the main source of employment in the country, responsible for more than 60% of jobs, as per figures from the International Fund for Agricultural Development. Increases...
The removal of fuel subsidies in Nigeria made headlines in early 2012, but another halt to an expensive, inefficient state intervention took place in the agricultural sector. Fertiliser subsidies were the target of this reform and were replaced with the Growth Enhancement Support Scheme (GES). A first in Africa, the system helps ensure that farmers...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×