Future Reports

  Nigeria, as Africa's largest oil producer, has long relied on crude oil exports as a major source of revenue. However, the country's heavy dependence on oil has left its economy vulnerable to global oil price fluctuations. Recognizing the need for diversification, the Dangote Refinery emerges as a game-changer that promises to reshape Nigeria's economic landscape. The Dangote Refinery, situated in the Lekki Free Trade Zone of Lagos, is Africa's largest single-train refinery with a refining capacity of 650,000 barrels per day (bpd). The state-of-the-art facility incorporates advanced technology, adheres to strict environmental standards, and is designed to process a variety of crude oil grades. By significantly reducing Nigeria's reliance on imported petroleum products, the Dangote Refinery ensures energy security and independence. This development will free up foreign exchange reserves that would otherwise be spent on imports, allowing Nigeria to allocate resour...

  On the eve of the 2015 presidential elections, hope and desire for a new Nigeria were believed possible by many Nigerians as a military man who seemed to be a man of virtue to many of his supporters was leading in the polls. President Buhari had promised many the end of waste and carried a manifesto of great economic evolution. Unfortunately, as his term has concluded, his run has led the nation to a state of confusion and vulnerability. To fairly evaluate the former General's contribution, it is critical to evaluate his three key promises, which he aimed to control insecurity, the economy, and corruption. Buhari came to power at a time when abductions and severe bombings were being reported daily, most often attributed to Boko Haram. This Islamist group controlled large parts of northeast Nigeria. Professor Tukur Abdulkadir of Kaduna University stated, "In terms of security, there are some triumphs to speak of." "In 2015, substantial parts of the northeast, espe...