Chinese Loans: Nigeria Is Spending Money It Doesn’t Have On Projects It Can’t Sustain

When the creators of Nigeria’s capital Abuja envisioned the city in the late 1970s, they imagined it would be the hub of rail transportation, connecting all the other parts of the country. Over four decades later, that vision remains unrealised. Hope was rekindled in May 2007 when the capital territory authorities awarded the Abuja Rail Mass Transit …

Banking Made Easy … But Not For People With Disabilities In West Africa

For a lot of bank users, accessing financial services has never been smoother. But persons with disabilities in Nigeria and Ghana continue to be left out, no thanks to barriers in buildings, behaviours, and policies. Ibrahim Omotosho, 39, drove into a bank in Abeokuta, Southwest Nigeria, in July 2020 to pick up his debit card. …

Chinese Expats In Nigeria Facing Increased Security Risks. What’s The Big Picture?

In the past decade, close to 50 Chinese nationals in Nigeria have either been killed or kidnapped. Considering China is one of Africa’s biggest investors, does Nigeria stand to lose if this trend continues? Chinese manufacturing investment in Africa is said to be the continent’s best hope “to industrialise in this generation”. But, in Nigeria, rising insecurity …

Food Prices Are Shooting Up In Northwest Nigeria, And There’s One Prime Suspect

More farmers are downing tools, fearing they may become victims of terror attacks. As a result, food items are scarcer, driving prices through the roof — beyond the reach of the poor. When Esther Maiwada moved to Gusau, capital of the northwestern state of Zamfara, nine years ago, one measure of maize was sold for …

Nigeria’s Manufacturing Output Is The Same Today As It Was In 1982

Statistics show that, in nearly four decades, the output of Nigeria’s manufacturing sector has remained the same. The World Bank estimated that, as of 2018, the country’s Manufacturing Value Added (MVA) was worth $31 billion. But checks by The ICIR revealed that this was also the figure in 1982. On Friday, Vice President Yemi Osinbajo, …