Behind the headline – BusinessDay Television

Heavy Spendings, Thin Results haunt FG's $2bn CNG Rollout | Behind the Headlines

Three years after the removal of the petrol subsidy promised relief through Compressed Natural Gas (CNG), billions have been spent, yet Nigerian motorists still face crippling fuel queues, conversion kit ...shortages, and scarce refuelling infrastructure. In this deep dive, we unpack the stark realities behind the federal government's $2 billion CNG rollout.

A closer look at federal spending records, industry bottlenecks, and expert insights reveals a troubling disconnect between heavy capital deployment and tangible infrastructure on the ground. While the Presidential Compressed Natural Gas Initiative (PCNGI) aims for ambitious vehicle conversion targets, issues ranging from delayed retail station approvals to restrictive funding terms are slowing momentum. From Lagos to Abuja, stakeholders are asking critical questions about where funds actually went and what must change to rescue Nigeria's clean energy transition.

Watch as we break down the figures, examine supply chain blockades, and analyze what the future holds for alternative energy mobility in Nigeria.

CHAPTERS:
00:00 – Introduction: The Promise vs. Reality of Nigeria’s CNG Rollout
01:30 – Where Did the Money Go? Breaking Down the $2B Investment
04:15 – The Conversion Crisis: Why Kits and Centres Remain Scarce
08:00 – Infrastructure Bottlenecks: Lagos and Abuja Refuelling Challenges
12:30 – Policy Hurdles and Financing Gaps for Private Investors
17:00 – What Needs to Change? Solutions for a Sustainable Energy Future

#CNG #Nigeria #Economy #Energy #GasShow More

Heavy Spendings, Thin Results haunt FG's $2bn CNG Rollout | Behind the Headlines

Three years after the removal of the petrol subsidy promised relief ...

FAAN vs Uber & Bolt: Inside Nigeria’s Airport Transport Dispute | Behind the Headlines

The tension between e-hailing services and airport management has ...

Hidden Fees Stall Nigeria’s Broadband Expansion Plan

Nigeria's push to achieve widespread digital transformation is facing ...

NGX Sheds N5.42trn in 20-Day Market Correction

As the Nigerian Exchange (NGX) sheds N5.42trn in a sharp 20-day market ...

Nigeria's Cash and Transfer Reform

Is Nigeria’s multi-billion naira cash transfer program actually ...

Nigeria's Health Insurance Reforms Expand Coverage, But Misses The Poor

Nigeria's health insurance coverage is expanding, but the most ...

Lagos Launches Digital Building Insurance Scheme To Curb Fire

Lagos State has officially launched a revolutionary digital building ...

The Dangote Petroleum Refinery has resumed the sale of petrol in naira | Behind the Headlines

The Dangote Petroleum Refinery has officially resumed petrol sales in ...

Nigerian Universities Join Corporate Exodus from National Grid

Why are Nigeria's elite federal institutions building their own power ...

What To Expect From Nigeria’s Economy In The Second Half Of 2026 | Behind the Headlines

Will Nigeria’s current macroeconomic stability hold up through the ...

Investors pour over N100bn into Nigeria's insurance bet | Behind the Headlines

Why are investors pumping over N100 billion into Nigeria’s insurance ...

Governors Get Powers to Appoint Commissioners Under State Police Bill

Will the new state police bill fix Nigeria's security crisis, or will ...

Will the new state police bill fix Nigeria's security crisis, or will it give governors too much power? Find out exactly what this historic constitutional reform means for you. [00:11]

Nigeria’s ...long-running debate over state police has reached a monumental turning point with the Senate passing a constitutional amendment bill. In this episode of Behind the Headlines, Akeminiobong Michael sits down with BusinessDay's Editorial Director Joshua Bassey who breaks down the crucial provisions that empower state governors to appoint commissioners of police. Discover how this massive structural shift departs from the centralized policing framework run since 1999, and learn how it changes everything from regional operations to grassroots security. [00:36]

We dive deep into the essential checks and balances designed to prevent political abuse by governors, highlighting the oversight roles of the National Police Council and state houses of assembly. The discussion addresses the practical realities of the transition, exploring stark funding challenges across different states and the significant impact on local job recruitment, welfare, and officers bearing arms. Watch to see if your state is ready to deploy its own police force or if it will continue to rely entirely on federal police commands. [06:43]

CHAPTERS:
00:00 – Introduction
00:11 – Breakdown of Nigeria’s Landmark State Police Bill
00:44 – New Powers of Governors to Appoint Police Commissioners
03:34 – Centralized vs. Decentralized Policing in Nigeria
04:51 – Crucial Safeguards: Preventing Political Abuse by Governors
06:43 – Oversight Powers: The National Police Council & Removal Rules
07:53 – The Federal Government’s Role and Residual Control
09:27 – State Transition Timeline & What Happens If States Can't Launch
10:28 – Job Opportunities: Local Recruitment and Language Barriers
13:58 – Practical Challenges: Funding, Weapons, and the Security Vote
18:57 – Will State Policing Force Governors to Industrialize?
21:00 – Conclusion & Final Takeaways

#StatePolice #Nigeria #Security #Policebill #newsShow More

Democratic Republic of Congo-One of the World's Poorest Nations Is Building Its First Stock Exchange

The Democratic Republic of Congo is making a massive, historic pivot ...

The Democratic Republic of Congo is making a massive, historic pivot by establishing its first-ever DRC stock exchange in partnership with the IFC. [00:54], [07:01] Can a country heavily labeled ...as poverty-stricken leverage its massive mining wealth to build a sustainable capital market? [01:48], [03:36]

In this episode of Behind the Headlines, Akeminiobong michael sits down with BusinessDay's Assistant Editor for African Finance, Bunmi Bailey who delivers a deeply insightful analysis on the economic transformations sweeping the DRC. [00:10] Despite being one of the world's most resource-rich nations with vast reserves of copper, cobalt, gold, and lithium, much of the DRC's population remains unbanked and poor. [00:35] However, fueled by soaring international mineral demand for technologies like electric vehicles and data centers, the Congolese government is taking action to capture long-term foreign direct investment (FDI). [02:54], [03:11]

They explore the broader implications of this financial landmark, comparing it with Ethiopia’s recently launched stock market. [02:06] They break down how big Nigerian and Pan-African banks like Access Bank, EcoBank, and Fidelity Bank are positioning themselves in Kinshasa to tap into these emerging capital markets. [05:58], [06:05] Discover how this historic move might transition the DRC from a purely extractive economy into a manufacturing hub, and how it will alter the economic rankings within Sub-Saharan Africa. [04:54], [07:30]

CHAPTERS:

00:00 – Introduction & Behind the Headline Context [00:10]

01:34 – Why DRC is Launching a Stock Market Now [01:34]

02:27 – Explaining the Surge in Lithium, Copper, and Gold Demand [02:27]

04:03 – Success in the Eurobond Market & Overtaking Ghana [04:03]

05:52 – Pan-African Banking Influx: Access Bank & EcoBank in DRC [05:52]

06:55 – The IFC Partnership Framework & Mining Sector Focus [06:55]

07:41 – Moving from an Extractive Ecoomy to a Manufacturing Hub [07:41]

09:40 – Lessons from Ethiopia's Slow Stock Exchange Launch [09:40]

11:37 – Shifting the Global Narrative Around Congo's Economy [11:37]

12:13 – The Future of Capital Markets in Smaller African Nations [12:13]

#DRC #news #DRCStockExchange #Africa #Economy #stockexchangeShow More

NNPC, Dangote and the Future of Nigeria’s Energy Investment Model | Behind the Headlines

The truth behind Nigeria's oil crisis is finally coming to light. ...

The truth behind Nigeria's oil crisis is finally coming to light. While NNPC refineries remain dormant after trillions spent, the Dangote Petroleum Refinery is rewriting the nation's energy investment playbook.

In ...this episode of Behind the Headlines, host Elizabeth Musa sits down with BusinessDay’s energy correspondent, Ibrahim Abubakar, to dissect the stark contrast between government-managed infrastructure and private capital efficiency. We break down the hard numbers behind the ₦3.2 trillion spent on turn-around maintenance for the Port Harcourt, Warri, and Kaduna refineries, revealing why these public assets have consistently failed to deliver value to Nigerians.

The conversation dives deep into the strategic implications of NNPC’s reduced equity stake in the Dangote Refinery—dropping from an intended 20% down to 7.25% due to crude supply shortfalls. We analyze how NNPC's initial $1 billion cash investment has matured to a pre-IPO valuation of nearly $2.8 billion, mirroring the exact amount lost in failed rehabilitation projects. Finally, we explore the broader upstream sector crisis, detailing how regulatory red tape, ease of doing business, and security threats are driving international oil majors offshore to countries like Angola and Congo.

CHAPTERS:
00:00 – Introduction: The Tale of Two Energy Models

01:21 – Public vs Private: The Core Differences in Operations

02:28 – Why Government Has No Business Doing Business

03:15 – The ₦3.2 Trillion Mystery: Why NNPC Refineries Fail

04:55 – Refining vs Blending: What is Actually Happening?

06:10 – The NLNG Partnership Model: A Blueprint That Works

08:34 – Comparing Public Assets: Saudi Aramco vs NNPC

10:04 – NNPC's Dangote Stake Drop: From 20% to 7.25% Explained

11:34 – The $1 Billion Investment: Valuation & Pre-IPO Returns

14:15 – Why International Oil Majors are Fleeing Onshore Fields

15:24 – Regulatory Red Tape: Nigeria vs Angola and Congo Oil Ease

16:55 – Can Chinese Partners Save the Port Harcourt Refinery?

19:20 – Power Sector Echoes: Metering and Energy Security Focus

21:00 – The Verdict: How to Attract Oil and Gas Investors Back

22:20 – Outro & Conclusion

#dangote #DangoteRefinery #NNPC #Nigeria #OilAndGasShow More

Nigerian Stock Market T+1 Settlement Cycle: Expert Analysis

The Nigerian Stock Market just went through its biggest regulatory ...

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