Nigeria’s N34 Trillion Import Duty Waivers Trigger Calls for Probe as Economists Warn of Revenue Risks

Nigeria’s import duty waiver policy has come under renewed scrutiny after the Nigeria Customs Service (NCS) disclosed that import duty exemption certificates approved by the Federal Government reached an estimated N34 trillion in 2025—a figure that has sparked concerns over fiscal sustainability, transparency, and public accountability. The disclosure has prompted economists and financial experts to […]

Nigeria’s Cassava Industry Eyes $7 Billion Opportunity as Investment, Processing and Exports Gain Momentum

Nigeria’s position as the world’s largest cassava producer could become one of its biggest economic advantages—if the country successfully shifts from exporting raw agricultural potential to manufacturing high-value industrial products. Although cassava has long been regarded as a staple food consumed in millions of Nigerian households, experts and industry stakeholders now argue that the crop […]