Nigeria’s ambition to become a global industrial powerhouse is being crippled by a severe shortage of skilled labor. Despite having one of Africa’s largest economies, the country’s industrial sector is struggling to achieve sustainable growth due to a widening skills gap. From manufacturing and oil and gas to technology and construction, industries are unable to
The 2025 Federal Budget has set a bold agenda for Nigeria’s automotive sector, earmarking significant investments and incentives to bolster local manufacturing and innovation. Government officials highlighted that the budget prioritizes the development of domestic production capabilities, aiming to reduce the country’s reliance on imported vehicles while enhancing overall economic resilience. Key measures outlined in
The Federal Executive Council (FEC) has given the green light for contracts totaling €161 million to upgrade Nigeria’s power infrastructure as part of the Presidential Power Initiative (PPI). This critical investment is aimed at strengthening the national electricity grid, reducing power outages, and enhancing transmission capacity across the country. The approval marks a significant milestone
The Engineering, Procurement, Construction, and Installation (EPCI) sector in Nigeria is set for a busy year in 2025, with several high-value projects underway across oil and gas, infrastructure, power, and industrial sectors. These projects, which are being driven by both government and private investments, highlight Nigeria’s commitment to infrastructure development, energy expansion, and economic diversification.