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Articles by Nonso Obikili

6 Jun 2017
The federal government has placed a lot of bets on Agriculture. The president said shortly after his inauguration in 2015, that agriculture would be his priority - a message backed by the minister of agriculture...
16 May 2017
How much electricity does Nigeria generate? The popular answer to that question is typically a very low number, much lower than South Africa for instance. According to the Nigeria Electricity Regulatory Commission...
2 May 2017
For instance, Nigeria ranked 169th of 190 countries in the World Bank’s ‘doing business’ rankings, and the results are just as bad on many other measures.
18 Apr 2017
The policy circus continues. The Federal Government has announced the launch of yet another special policy, this time targeting the tomato industry. The structure is the same as others.
4 Apr 2017
Much has been written about the federal governments recently launched Economic Recovery and Growth Plan (ERGP). Like every plan there are things that are great and things...
21 Mar 2017
The policy framework has been implemented in Nigeria many times before for things such as fruit juice, cement, and cars. The latest flavour of the month is rice. The government has recently launched a war on imported rice.
7 Mar 2017
The policy flavour of the month is focused on the ease of doing business. As anyone who has tried to do business in Nigeria knows, it can be very challenging.
21 Feb 2017
Economic growth is all about businesses increasing productivity, that is, businesses getting better and better at doing things. Be it increasing the yield per hectare in agriculture, or the products created per worker in manufacturing...
7 Feb 2017
The 41 item exclusion list is no news. In June of 2015, in response to the collapse of foreign exchange inflows, thanks to the crude oil price crash, the central bank decided to change tactics...
17 Jan 2017
Bureaux de change (BDCs) and their cousins, the road side black market dealers, need no introduction. They exist in almost every town across the country. In most towns, there are whole streets associated with currency trading...
4 Jan 2017
2016 was a rough year for Nigeria’s economy. The first official recession in over two decades was confirmed with no end in sight. Inflation continued it relentless march rising from under 10 percent year on year in January 2016....
20 Dec 2016
It feels like déjà vu. At this point in 2015 the economy was already showing signs of serious problems. Growth had slowed from an average of about six percent in 2014 to just about two percent in the fourth quarter of 2015.