October 21, 2021/Proshare By FBNQuest Power is a major catalyst for productivity and growth in any economy. According to the 2021 tracking SDG7 report, as at 2019, Nigeria had the world’s largest energy access deficit, with 45% (90 million) of its population lacking access to electricity. Nigeria held the same […]
OPINION/EDITORIAL
The Nigerian Power Sector; Still in Muddy Waters
October 21, 2021/CSL Research According to a recent by the punch newspaper, Dr. Joy Ogaji, the executive secretary for the Association of Power Generating Companies alleged that Generating Companies (Gencos) have recorded a loss N1.66tn in seven years due to non-payment of deemed capacity. According to the association, deemed capacity […]
Q1 and Q2 GDP, Expenditure and Income Approach, Signals Recovery
October 20, 2021/CSL Research The National Bureau of Statistics (NBS) recently released Nigeria’s Gross Domestic Product (Income- Expenditure) report for Q1 and Q2 2021. Earlier, the output approach had placed the Q1 and Q2 growth at 0.5% and 5.0% year-on-year (y/y), respectively. A few points from the recent report are […]
