As Africa’s largest economy and most populous nation, Nigeria is uniquely positioned to benefit from the global economic recalibration.
INVESTIGATION: Commissioned by Buhari, Nasarawa’s ₦15 billion airport joins Nigeria’s white elephant projectsSPECIAL REPORT: Poor infrastructure, long distance hinder schooling in Abuja communityWhen home Is the mouth of a shark, By Osmund AgboFields of Fear: Militia attacks in Benue force women off farmlandsINVESTIGATION: Commissioned by Buhari, Nasarawa’s ₦15 billion airport joins Nigeria’s white elephant projectsSPECIAL REPORT: Poor infrastructure, long distance hinder schooling in Abuja...
On the other hand, selective protectionism in advanced economies threatens African export growth, particularly in sectors where preferential market access underpins competitiveness. Stricter rules of origin, carbon border adjustment mechanisms, and tougher supply-chain security standards could limit Africa’s access to high-value markets without substantial domestic upgrading.
Its vast endowments in oil, gas, and critical minerals, including lithium, gold, and rare earths, combined with political influence, should make it an irresistible investment destination. Yet, these advantages have not translated into sustained transformation.BRICS, though often perceived as a political bloc, is expanding its global economic relevance through new members, China’s dominance in Asia, and its deepening African footprint.
To maximise these gains, Nigeria must align its industrial policy, digital economy strategy, and energy transition plan with continental objectives, while ensuring governance reforms channel capital into productive, job-creating sectors. Done right, Nigeria could serve as a continental blueprint – showing how targeted industrial policy, resource beneficiation, green branding, and facilitation reforms can spur intra-African trade.
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