Nigeria has Africa’s biggest economy and 4 other facts you need …
Aug 9, 2019 · 4. Nigeria is Africa's biggest economy. Nigeria's GDP surpassed that of South Africa about a decade ago, according to the World Bank. Last year, Nigeria's economy was valued at $397 billion, while South Africa - once the biggest player on the continent - had a GDP of $366 billion. Nigeria is one of the world’s biggest oil exporters – and ...
Nigerian National Petroleum Corporation (NNPC)
Nigerian National Petroleum Corporation (NNPC) is responsible for harnessing Nigeria's oil and gas reserves for sustainable national development. It explores, produces, refines oil, and markets and retails petroleum products. It is also involved in petrochemicals and gas development, oil and gas engineering, the supervision of government ...
Nigeria is tackling barriers to the green energy transition | World ...
May 8, 2023 · The Nigerian government plans to achieve universal energy access by 2030. The energy sector faces major financial and technical challenges. According to the International Energy Agency, over 140 million people do not have access to energy in Nigeria, about 71% of the country's population. When we talk about energy access, we refer to people's ...
Why Nigeria’s future is brighter than you think
Jul 28, 2014 · MGI estimates that, in 2013-2030, Nigeria could expand its economy by more than 6% annually, with its GDP exceeding $1.6 trillion – moving it into the global top 20. Moreover, if Nigeria’s leaders work to ensure that growth is inclusive, an estimated 30 million people could escape poverty. The problem is that Nigeria remains subject to ...
Nigeria seeks digital transformation for a stronger economy
Sep 18, 2024 · The Nigerian Government, through the Federal Ministry of Communications, Innovation & Digital Economy, has approached this need with multi-pronged digital transformation efforts. Specifically, the objective is to raise the level of productivity across sectors through the application of technology.
The World Economic Forum
The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or …
Fostering Effective Energy Transition 2023 - World Economic Forum
Jun 28, 2023 · Key progress on ETI. Nigeria ranks 108 out of 120 countries on the ETI 2023 and is the largest economy and richest oil resource centre of the African continent, as well as the largest gas consumer and producer of West Africa. 124 Over the last 10 years, Nigeria’s overall ETI score has improved (3%), while its system performance scores have ...
Nigeria’s 300,000 Tonne E-Waste Gold Mine Drives a New Circular …
Lagos, Nigeria, 20 June 2019 – The Nigerian government, the Global Environment Facility (GEF) and UN Environment today launched a new $15 million initiative to turn the tide on e-waste in Nigeria. A global model for a circular electronics system, the project was announced at the Forum’s Annual Meeting 2019 and will kickstart a sustainable ...
Three things Nigeria must do to end extreme poverty
Mar 21, 2019 · 2. Invest in health and wellbeing. Increased investment in healthcare is linked to economic growth, and consequently to reducing poverty. Nigeria is battling with a number of crushing health indicators including malaria, tuberculosis and infant and maternal mortality, all of which have a sweeping impact on productivity.
Nigeria Joins Forces with World Economic Forum to Fight Plastic ...
Jan 27, 2021 · We are honoured to support the Nigerian people in their fight to turn the tide on plastic pollution.” Nigeria is also one of the founding members of the African Circular Economy Alliance , alongside South Africa, Rwanda, the African Development Bank, the UN Environment Programme and the World Economic Forum.