Monday, 30th January 2023
<To guardian.ng
Search

Achieving Nigeria’s infrastructure target

By Reuters
06 December 2022   |   5:02 am
The World Bank says the level and quality of Nigeria’s infrastructure quality is low, ranked at 132 out of 137 countries, stressing that the country's physical infrastructure gap would likely reach 3 trillion dollars in the next 30 years.

Related

6 Feb 2022
India's government has announced billions of euros worth of investment in infrastructure, as part of the country's recovery from the economic slump linked to the Covid-19 pandemic. The finance minister unveiled a public spending package totalling more than €470 billion for the next financial year, including money for roads and railways. Also today, we look at the New York Times' deal to buy the popular online game Wordle.
2 Feb 2022
India's budget 2022 plans to ramp up infrastructure spending to support the economy's post-pandemic recovery. Key announcements include a state-backed "digital rupee" and tax on gains from digital currencies.
10 Feb 2022
We take a look at the business of this year's Winter Olympics. A report suggests the true cost is 10 times more than the official $3.9 billion price tag, but Beijing is banking on other benefits. Also, Amazon reports another strong sales quarter, with its advertising business playing an increasingly significant role.
28 Feb 2022
Lawmakers in Nepal voted in favor of the $500-million grant by Washington for new road and power projects. But its opponents say the US move undermines Nepal's sovereignty.
27 Mar 2022
24 Mar 2022
French car giant Renault announced Wednesday it was immediately suspending operations at its Moscow factory after Kyiv called for a boycott of the company for remaining in Russia.
3 Apr 2022
At the start of Russia's invasion of Ukraine, hackers brought down tens of thousands of satellite internet modems across Ukraine and Europe. This week, Reuters revealed that the same attacks are still underway.
11 Apr 2022
The coronavirus pandemic forced many companies to halt business travel almost overnight. The economic consequences for airlines and hotels have been dramatic, leaving many to wonder if corporate travel will bounce back.
30 Apr 2022
The former US president has been fined $10,000 per day until he complies with a New York court order to turn over documents as part of an investigation into his business practices.
7 May 2022
More European businesses in China are looking to shift their investments due to the country's strict coronavirus lockdowns, according to the European Chamber of Commerce.
22 Jun 2022
Several cities in the country were thrown into darkness on Sunday, June 12 2022, following the collapse of the national grid for the sixth time in 2022. Here is how multiple national grid collapse is paralysing business activities in Nigeria.⁣
28 Jun 2022
Germany's Olaf Scholz is hosting the G7 summit in Bavaria, where world leaders pledged $600 billion dollars to help low-income states build "climate resilient infrastructure." The Ukraine war is also high on the agenda.