The federal government of Nigeria has prioritised agricultural development under its Economic Recovery and Growth Plan, which seeks to create new jobs in labour-intensive sectors including agriculture, boost agriculture’s GDP contribution to more than 8% by 2020, up from current levels of between 3% and 4% annually, and make the country a net...
Home to the national capital Abuja – one of the fastest-growing cities in Africa – the Federal Capital Territory (FCT) has risen to become a significant investment destination in recent years. Supported by rapid population growth, rising GDP and expanding household consumption, a wide offering of opportunities have arisen across construction,...
Following prolonged population growth, infrastructure networks in the Federal Capital Territory (FCT) are facing unprecedented demand. A series of new and ongoing works are set to expand the network, and the proposed 2018 budget of the FCT Administration (FCTA) focuses much of its expenditure on infrastructure and transport projects....
The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....
With investment in new airport infrastructure ongoing, the government is undertaking a series of policy and regulatory reforms aimed at improving aviation operations and following international best practice. Chief among these is a recent move to join the Single African Air Transport Market (SAATM), an agreement among 23 African nations to...
Accounting for the majority of passenger and freight movements, Nigeria’s road network plays a critical role in domestic transport and international trade, although the bulk of its network remains in poor condition and unpaved, a challenge exacerbated by rising traffic volumes. Chronic congestion has had major economic ramifications for the...
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