INVESTMENT: New Lekki Port Will Generate $201bn Taxes & Royalties

It has been projected that the Lekki Deep Sea Port in Lagos, when operational, is capable of generating $158 billion through direct and induced businesses. The port will also be the most cost efficient in the West African sub-region. Total investment in the port is estimated at $1.53b fixed assets and $800m in construction. AggregateContinue reading “INVESTMENT: New Lekki Port Will Generate $201bn Taxes & Royalties”

DID YOU KNOW (12)? Nigeria’s Population Will Overtake That Of USA within 25 Years

Specifically, the UN estimates Nigeria’s population will overtake that of the USA by Year 2047, to become the 3rd most populous country in the world, after India and China. Research by the Institute for Security Studies (ISS) also shows that out of Africa’s “Big 5” powerful countries (Nigeria, South Africa, Egypt, Algeria and Ethiopia) NigeriaContinue reading “DID YOU KNOW (12)? Nigeria’s Population Will Overtake That Of USA within 25 Years”

DID YOU KNOW (5)? By 2100, Nigeria Will Be The 9th Global Economy, 4th Global Power & 2nd Most Populated Country

Founded in 2007 and supported by the Bill and Melinda Gates Foundation, the Institute for Health Metrics and Evaluation (IHME) has become a global reference for health statistics, especially its annual Global Burden of Disease reports. Below are some key highlights of a study led by an international team of researchers, published in The LancetContinue reading “DID YOU KNOW (5)? By 2100, Nigeria Will Be The 9th Global Economy, 4th Global Power & 2nd Most Populated Country”