In 2024, the Federal Government of Nigeria invested N8.73bn in airport power infrastructure, mainly to guarantee a reliable electricity supply at the new international terminal of the Nnamdi Azikiwe International Airport in Abuja.Â
The World Bank has increased the federal government's target for National Identification Numbers (NIN) issuance under the Digital Identity for Development (ID4D) project from 148 million to 180 million, reflecting their confidence in the country’s progress despite earlier setbacks.Â
According to Aminu Gwadebe, the President of the Association of Bureau De Change of Nigeria (ABCON), has said that the 1500/$ peg in the 2025 Appropriation Bill was within reach on the back of recent foreign exchange reforms being pushed by the Central Bank of Nigeria.Â
In November 2024, the naira depreciated to an average of $/N1,667.41 which marked a 2.14 per cent decline from the $/N1,631.71 recorded in October 2024.Â
According to the proposed 2025 budget, the Federal Government has budgeted N6.21bn for salaries of workers of the moribund Ajaokuta Steel Company for next year.
Maigatari Market: A Pillar of Economic Growth for Northern Nigeria, by Aliyu M. Jamil
Maigatari Market is a powerhouse of economic activity that significantly contributes to the livelihoods of thousands of people in Northern Nigeria and beyond.
With an annual revenue of...