
Nigeria's federal government has stated its commitment to repositioning the country's real estate and built environment sector so it contributes more significantly to Gross Domestic Product. According to ThisDay Live, the Minister announced the determination to boost the sector's economic contribution. Specific measures or targets were not detailed in the available information.
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A real estate expert has said Nigeria could unlock up to 95 per cent of its largely untapped property potential and attract significant investment into the sector, according to a report by ThisDay Live. The expert, cited by reporter Blessing Ibunge in Port Harcourt, argued that the country's real estate market remains underdeveloped but holds substantial opportunities if the right conditions are met. The comments were made in connection with Nigeria's housing and investment landscape.
ThisDay Live·September 7, 2026 at 11:00 PM
Vice President Kashim Shettima stated that the Federal Government must maintain open engagement with the business sector, emphasizing that any government that overlooks employers cannot fully grasp the economy. He assured that the federal government is dedicated to reducing obstacles in doing business, according to Vanguard Business.
Vanguard Business·June 30, 2026 at 6:57 AM
Nigeria's manufacturing sector contributed N4.128 trillion to the country's Gross Domestic Product in the second quarter of 2026, a 3.3 percent year-on-year increase from the N3.998 trillion recorded in the same period of 2025, according to data from the National Bureau of Statistics reported by Vanguard. The growth comes amid improved optimism among manufacturers about Nigeria's business environment, according to the report by Yinka Kolawole.
Vanguard Business·September 7, 2026 at 1:06 PM
The Federal Government of Nigeria has emphasized that public funding is insufficient to achieve the necessary large-scale transformation in the agricultural sector. It is advocating for greater private sector participation through a blended finance model to stimulate investment growth in agriculture.
Tori.ng·June 24, 2026 at 4:07 PM
Nigeria's Federal Government on Monday set up a high-powered inter-agency committee to harmonise macroeconomic assumptions underpinning national budgeting and economic planning, according to Vanguard. The move aims to eliminate conflicting economic projections produced by Ministries, Departments and Agencies, creating a unified basis for fiscal planning across government bodies.
Vanguard (NG)·September 7, 2026 at 7:51 PM
Atiku Abubakar, the presidential candidate of the African Democratic Congress (ADC), has called on the Nigerian federal government to clarify the whereabouts of what he terms the 'missing' two percent of the country's GDP, following a disclosure from the International Monetary Fund (IMF).
Naija News·July 5, 2026 at 2:37 AM