Mixed reactions have continued to trail the sustained closure of the nation’s land borders, especially among operators in the manufacturing sector. Some have supported the move. Other people kicked against the decision. According to insiders, some groups of local manufacturers who export to neighboring countries are considering the sea link. Other operators who produce in
The solid minerals sector contributed N52.75 billion to the federation revenue in 2017, a 21% increase on the N43.22 billion contributed by the sector in 2016. The information and data followed an independent reconciliation of company payments and government receipts in the sector by the Nigeria Extractive Industries Transparency Initiative (NEITI) in its latest report
From 2022, Lagos State will earn about $7 billion annually from a new revenue stream: the Lekki Deep Seaport. At the recent signing of fresh investment in the construction of the seaport, Governor Babajide Sanwo-Olu said it has the potential to create 200,000 jobs and generate an estimated $350 billion in revenue for Lagos over
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