A report by the World Bank has disclosed that the financial deficit that Nigeria’s electricity market has recorded between 2015 and 2016 when the country’s electricity regulator – the Nigerian Electricity Regulatory Commission (NERC) failed to allow the market to...
47 Quasi-fiscal deficit of a power utili...Foster, V., and N. Pushak. 2011. Nigeria's infrastructure: A continental perspective. Washington, DC: World Bank.Foster V and Pushak N (2011) Nigeria‟s Infrastructure-A Continental Perspective.The World Bank Africa RegionSustainable Development ...
In a statement reaching Xinhua on Wednesday, Udoma said, having realized that massive investment in infrastructure is now the way to go out of recession, government has begun to strategize on how to close the infrastructure deficit in the West African country. "We are looking at ways to resto...
in the country after the Oronsaye committee presented the report in 2012. We also note that the report does not address some of the issues affecting the cost and quality of governance, such as the size and remuneration of the political class, economic diversification, and infrastructure deficit...
In April 2023, the Kingdom jumped 17 places globally in the World Bank's Logistics Performance Index, advancing to the 38th ... Afreximbank leads $155m facility for Djibouti ports and free trade zone The deal is targeted at supporting the development of a trade-enabling infrastructure to ...
Import Restrictions Export of Antiquities: No art treasure may be taken out of the country without written approval from the appropriate Nigerian authorities. This approval must come from the Department of Antiquities, National Museum, Lagos, or Jos. The law prohibiting the export of all forms of...
“To address Nigeria’s infrastructure deficit, the Buhari Administration continues to explore innovative options, including through financing initiatives such as the Presidential Infrastructure Development Fund (PIDF) designed to cater for the 2nd Niger Bridge, the Abuja-Kaduna-Zaria-Kano...
Nigeria says it is considering concessionary loans from the World Bank and other development bank to fund its budget deficit next year and other infrastructure development requirements. Egie Akpata, the Chairman of Skymark Partners, joins CNBC Africa for more. ...
Ruth Obih’s takeaway on Women 3INVESTONLINE – Whilst millions around the world were enthralled with recently concluded World Cup hosted in Brazil, ON THE PATH OF OPPROBRIUM: NIGERIA’S INFRASTRUCTURE DEFICIT July 23, 2014 Takeaway – thoughts around entrepreneurship and retail by Tolu Ogunlesi ...
Evidence from literature has shown that Nigeria was lagging behind on spending for infrastructural development as every sector of the Nigerian economy is challenged with huge infrastructure deficit and decay. The extent of government spending on roads and power in Nigeria, funded from federal tax ...