Economist Bismarck Rewane has made a projection about the potential impact of a major refinery. A significant increase in GDP is forecast, reaching $600bn by 2030. This growth is expected to result from private investment and various economic effects.
Further details about this projection are available. The source provides more information about the expected economic growth and its drivers.
Private investment is seen as a key factor in this expected growth, along with other economic effects that will contribute to the increase in GDP.
The presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has warned that Nigeria cannot achieve meaningful industrial growth when manufacturers spend about half of their operating costs on energy. Atiku said the high cost of diesel and other energy sou...
The Minister of Education, Tunji Alausa, has launched a major digital education intervention under President Bola Tinubu’s Renewed Hope Agenda, waiving data costs for millions of learners in senior secondary schools and tertiary institutions accessing approved educational p...
The Falconets can still finish second in the group or qualify for the Round of 16 as one of the four best third-placed teams The post FIFA U-20 WWC: Nigeria’s Falconets hold China to goalless draw appeared first on Premium Times Nigeria ....
The Vice Presidential candidate of the Nigeria Democratic Congress, NDC, Rabi’u Kwankwaso, has asked the African Democratic Congress, ADC, presidential candidate, Atiku Abubakar to quit his 2027 presidential ambition and support the NDC. Kwankwaso made this appeal on Thursday whi...
ABUJA: The Chairman of the Independent National Electoral Commission, INEC, Prof. Joash Ojo Amupitan, SAN, has said the successful deployment of Artificial Intelligence, AI, in electoral administration will depend more on strong institutions, governance structures and safeguards ...
Traders say patronage has fallen by more than 70 per cent at the Lafia Tomato Market. The post Traders decry low patronage as bad roads, water shortage hit Lafia Tomato Market appeared first on Premium Times Nigeria ....
The Federal Government has launched the Zero-Rated Access to Education Platforms initiative to expand access to digital learning resources for students across Nigeria. The post FG launches zero-rated education platforms initiative to expand digital learning appeared first on Nair...
By Providence Ayanfeoluwa LAGOS: Former Managing Director of the Nigerian Ports Authority, NPA, Hadiza Bala Usman, has called for a comprehensive review of Nigeria’s port tariff structure, warning that high and unpredictable charges are undermining the competitiveness of the nati...
By Omeiza Ajayi ABUJA: Former Vice President Atiku Abubakar has faulted President Bola Tinubu’s proposed Vienna-listed bond arrangement, describing it as another disturbing sign of an administration that keeps expanding its appetite for borrowing while diesel prices above ₦2,000 ...
The Commissioner of Police, Lagos State Command, Mr Fatai Tijani, has assured residents that there will be no cause for alarm before, during and after the 2027 general elections. Tijani gave the assurance on Thursday in an interview with newsmen at a stakeholders’ meeting at the ...
Nigeria’s Falconets kept their 2026 FIFA U-20 Women’s World Cup campaign alive after playing out a 0-0 draw with China PR at Arena Sosnowiec in Poland. The goalless draw gave Nigeria their first point in Group F after they suffered a 2-0 defeat to Spain in their opening game. The...
The FRSC warns that vehicle overloading in Nigeria threatens lives, damages roads, and undermines the economy. Learn about the risks and shared responsibil Read More: https://punchng.com/vehicle-overloading-endangers-lives-damages-roads-frsc-warns/...
