Economic Outlook for Nigeria in 2025


Economic Outlook for Nigeria in 2025


My Economic Outlook for Nigeria in 2025 πŸ“Š covers:

1. Fuel Subsidy Removal, Exchange Rates & “The Great Sapa of 2024” – Navigating through economic turbulence.

2. Dangote Refinery – Could this be the game-changer for Nigeria’s oil dependency?

3. Monetary Policy – What’s next for the Central Bank?

4. Tech Industry – Innovation or…

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42 Comments

  1. Nigeria should do what China did to become a world power. China was originally a 3rd world country untill it started mass producing steel. There are other factors in play but steel was the biggest factor involved.

  2. Conspiracy time! Nigeria is sitting on one the world largest reserves of gas. Europe was dependent on gas from Russia until the conflict and they are looking for new suppliers. Nigeria was working on a pipeline through the Niger, Libya and into Europe. Suddenly we see a rise in coup in Niger backed by Russia fueled with anti-French sentiment. Is Russia using the Sahel to disrupt the pipeline? Those Sahel countries refuse to work with Ecowas.

  3. You are correct. Nigerians ARE a lot more similar to Americans than they are to Britons. The colonization influence wore off a few generations ago.

    Just look at the brands we buy.

    US is 10 hours further than the UK yet 80% of brands we buy are American.

  4. This is great insights. I would love to hear your updated views on the healthcare sector in Nigeria, what is working and ongoing challenges that need better solutions.

  5. This was a great presentation, and I learned a lot from it.

    That said, I think your point about corruption and insecurity not being major factors for foreign investment, and comparing Nigeria to America in terms of insecurity, is debatable.

    The bigger issue is the collapse of the rule of law. When combined with insecurity, corruption and poor or nonexistent basic infrastructure, make it difficult for businesses to survive.

    As for the 550 billion Naira investment needed in the oil sector, I believe it could be funded by reducing government spending. Each time billions are spent on acquiring or renovating government infrastructure, which adds little or nothing to the economy and does not attract foreign investors.

    You also need to look at the purchasing power of the citizens which has been greatly diminished due to inflation.

  6. I don’t think we should encourage any foreign military presence in Nigeria. We will just attract enemies and troubles. Let the government be more transparent and fix corruption. There is mining going on in the North and south west where is that recorded?

  7. "Drill baby driΔΊl" is all we ever think of whenever we need to generate more funds.
    I keep wondering why we can't we use all we have like our surplus mineral deposits, coaprofnd with better security, agric profuce.
    The SOLID MINERALS IF WE CHOOSE TO NATIONALISE IT, WILL MAKE A HUGE DIFFERENCE.
    God bless PBAT, & Nigeria(ns).

  8. Go the Asian way, make your non-oil industries export and earn high value dollars.
    Already Nigeria's oil sector is it's weakest link just awaiting the next oil crash for the Naira to somersault again.
    The only cushion against this is export led industrialisation not import substitution policy.

  9. Left america .O risky, i bet my career on the nigerian solid mineral industry (Sand ) they all think im crazy.😒 lithium mining on radar… thanks for showing me im not alone.πŸ‘

  10. Thank you very much for taking the time to share this detailed analysis here, appreciate this greatly, you have gained a follower. With thirty years plus experience working with these top sectors, I say well done and great work. while viewing the comments, I know there is a lot about our story that your report points towards. Indeed, this is a great time to see and embrace the potential Nigeria and Africa offer and will serve to the world. We look forward to changing the narrative and working for positive change. We can. Well done,,πŸ‘πŸ‘πŸ‘πŸ‘πŸ’ŒπŸ’Œ

  11. I wasn't sure I was going to be able to sit through a 49 minutes video, but well worth my time. This is really good video explaining the current economic structure and outlook in Nigeria for 2025 and into the foreseeable future. Thank you Dr. Ola

  12. I wasn't really surprised by your recommendation for doubling down on both offshore and onshore drilling. I was only taken aback by your obvious snub of the agricultural sector. Doubling down on investments in the Nigerian food system is both expedient for the short and long term.. The priority on agribusiness and food system by the current government hasn't been the best so far…

  13. 1. Petrol cost for traveling from the mainland – Ikoyi HAS NEVER been cheaper than the cost of lunch for the average Nigerian on the street, it could be cheaper for you but not for the average Nigerian/ Lagosian ….let’s use facts and data for the general public not personal