Dangote industrialization strategy replaces luxury lifestyle with large-scale factories, cement plants and a refinery aimed at boosting local production.
The World Bank has advised Nigeria’s Central Bank to end ad-hoc FX auctions and adopt a transparent, structured approach to stabilize the naira, strengthen foreign reserves, and improve liquidity, amidst concerns over rising non-performing loans and currency market volatility.
Facing critical reports, the Nigerian Presidency clarifies the economic challenges inherited by President Tinubu and the strategic measures implemented for recovery.
Dangote industrialization strategy replaces luxury lifestyle with large-scale factories, cement plants and a refinery aimed at boosting local production.