Big Story – BusinessDay Television

Can Nigeria Produce 3 Million Barrels Per Day By 2030?

Can Nigeria finally achieve its ambitious goal of producing 3 million barrels of crude oil per day by 2030, or is the target just another unfulfilled dream?

In this insightful episode ...of Business Morning Live on Business Day Television, Elizabeth Musa sits down with Professor Wumi Iledare, Professor Emeritus of Petroleum Economics and Policy Research at LSU Center for Energy Studies and Executive Director of the Emmanuel Foundation. Together, they break down the economic realities of Nigeria's upstream sector, analyzing whether recent oil block licensing rounds and the Petroleum Industry Act (PIA) are enough to revive investor confidence and secure the nation's energy future. The discussion covers the critical difference between underground reserves and above-ground value, natural field decline rates, investment hurdles, and why structural policy reform remains paramount for sustainable economic growth in Nigeria.

CHAPTERS:
00:00 – Introduction
00:19 – Is Nigeria's 3 Million Barrels Per Day Target Realistic?
03:09 – Reserves vs. Production: What Actually Drives Oil Output?
05:11 – Do Oil Block Licensing Rounds Guarantee Production Growth?
06:28 – Financing Challenges and the Implementation of the PIA
10:00 – Calculating Field Decline Rates and Replacement Needs
12:00 – Policy Stability and Moving Beyond Transactional Governance

#Nigeria #CrudeOil #Petroleum #Economics #Dangote #DangoterefineryShow More

Can Nigeria Produce 3 Million Barrels Per Day By 2030?

Can Nigeria finally achieve its ambitious goal of producing 3 million ...

Economic Reforms and Corporate Performance: Who Is Winning and Struggling?

Are Nigeria's economic reforms actually working, or are businesses ...

Are Nigeria's economic reforms actually working, or are businesses just surviving? who is profiting and who is failing under the current administration's fiscal policies.

The impact of recent Nigeria economic ...reforms has created a dramatic split across corporate sectors. While falling inflation numbers and exchange rate unification point to macro stability, the ground reality tells a dual story. Heavily capitalized industries—specifically the Nigerian banking sector, telecommunications, and oil & gas—are declaring record corporate earnings in Nigeria thanks to elevated CBN interest rates and structural advantages. Meanwhile, real-sector drivers like manufacturing, FMCG, and local SMEs continue to choke under soaring operational costs, high energy tariffs, and expensive credit.

As multinational corporations scale back or exit Nigeria, indigenous firms are stepping in to fill supply gaps—raising critical questions about long-term foreign direct investment and business sustainability. Public affairs analyst Sunny Ebeh Jnr. joins Deborah Ezeh to evaluate whether current monetary tightening strikes the right balance, why high corporate profits fail to lower the cost of living in Nigeria, and the 3 urgent power and credit policy adjustments needed to save struggling businesses.

CHAPTERS:

00:00 – Introduction: Economic Reforms & Corporate Performance

01:18 – Falling Inflation Rates vs Market Realities

02:12 – Winning Sectors: Banking, Telecoms & Oil & Gas

03:34 – Why Nigerian Banks Are Making Record Profits

04:24 – Multinationals Exiting Nigeria: Opportunity or Alarm?

05:50 – Monetary Tightening: Is CBN’s Interest Rate Working?

07:18 – Naira Exchange Rate Stability & Foreign Investors

08:31 – The Disconnect: Record Profits vs Household Hardship

10:41 – The Role of Corporate Communication in Crisis

12:18 – 12 to 18 Month Economic Outlook for Nigeria

14:19 – 3 Policy Adjustments Needed to Save Struggling SMEs

15:20 – Power Sector Crisis: Nigeria vs South Africa Comparison

17:01 – Rebuilding Foreign Investor Confidence in Nigeria

#Nigeria #Economy #Investment #Business #NairaShow More

Unlocking Youth Potential in Nigeria's Tourism Sector

Why are young Nigerians settling for survival instead of running a ...

Why are young Nigerians settling for survival instead of running a billion-dollar hospitality industry? If you want to know how technology, AI, and proper national branding can unlock massive job ...creation for Africa's youngest population, you need to watch this video.

In this exclusive interview on BusinessDay Television, Marvelous Dada, President of the Tourism and Hospitality Mentorship for Development Foundation (TMD Foundation), joins Elizabeth Musa to discuss unlocking youth potential in Nigeria's tourism sector. The conversation exposes the massive gaps in our current academic infrastructure and explains why Nigeria is still building for a world that no longer exists while progressive countries like Rwanda, Kenya, Morocco, and South Africa make aggressive global investments.

Discover the high-income digital tourism skills employers are actively looking for today, including AI integration, social media storytelling, and global positioning. We break down the real structural barriers young Africans face—from expensive internship pathways and lack of national databases to why our tourism impact is heavily gatekept in Lagos instead of exploring the untapped treasures of the North, South-South, and South-East. If you are an early-career student, content creator, or private investor, these practical interventions and strategic frameworks will show you how to build a track record and get noticed by the global economy.

CHAPTERS:

00:00 – Introduction: The Untapped Power of African Tourism

01:05 – The Scale of Hospitality Opportunities for Nigerian Youth

02:10 – Why Young People Don't See Tourism As A Long-Term Career

04:20 – Top Skills Employers Want: Adaptability & AI in Tourism

07:00 – How Digital Platforms & Social Media Remove Location Barriers

09:15 – Why Nigeria Fails to Translate Culture into Real Jobs

11:00 – The North & Beyond: Documenting Tap vs. Untapped Zones

13:30 – The Harsh Reality of Internships & Academic Infrastructure Gaps

18:10 – Lessons from Rwanda, Kenya, and South Africa's Global Branding

21:05 – 3 Critical Government Interventions to Unlock Youth Participation

22:55 – Advice for Youth: How to Build Track Records & Be Loud Online

#Nigeria #Tourism #YouthEmpowerment #Hospitality #CareersShow More

Fake Drugs Bill: Will Tougher Punishment Save Lives?

Will a 15-year jail term finally end the counterfeit medicine epidemic ...

Will a 15-year jail term finally end the counterfeit medicine epidemic in Nigeria, or is enforcement the real broken link? Discover why experts think the new Fake Drugs Bill before ...the Senate might not save lives without radical changes.

The Nigerian Senate is advancing a major piece of legislation designed to clamp down on the production, distribution, and sale of counterfeit medicines and unsafe regulated products by proposing up to 15 years of imprisonment. While supporters argue that tougher sentences will deter counterfeit drug dealers, Host Elizabeth discusses with public affairs analyst and lawyer Damian Ajayi, who breaks down why severe punishment alone rarely reduces crime rates in criminological history. They examine whether asset forfeiture, victim compensation, and expanding the scope to online e-commerce sales will provide NAFDAC with the muscle it desperately needs.

We peel back the layers on Nigeria’s porous borders, institutional corruption, and the critical lack of manpower that allows illegal medical operations to thrive. With statistics indicating that over 10,000 people die annually from fake malaria drugs alone, this discussion explores how technology, inter-agency collaboration between the Nigerian Customs Service and NAFDAC, and a full administrative audit are more vital than writing new regulations on paper. Learn what ordinary citizens can expect and how the digital space must change to ensure public health safety.

CHAPTERS
00:00 – Introduction: The New 15-Year Fake Drugs Bill
01:12 – Do Harsher Punishments Actually Reduce Crime?
02:35 – Over 50% Counterfeits: Is 15 Years Enough Jail Time?
04:02 – Targeting Unauthorized Sellers vs. Economic Survival
05:32 – Asset Forfeiture and Victim Compensation Frameworks
07:18 – Will the Bill Clash with the Existing NAFDAC Act?
10:15 – The Real Problem: Law Enforcement vs. Strong Legislation
12:47 – Porous Borders and Using Technology to Detect Counterfeits
17:03 – Regulating E-commerce and Social Media Fake Drug Sales
18:45 – Essential NAFDAC Reforms: Funding, Manpower, and Corruption
20:50 – What Ordinary Nigerians Should Expect Next

#FakeDrugsBill #NAFDAC #Nigeria #NigerianSenate #news #PublicHealth #Healthcare #NigeriaNewsShow More

Floods and Climate Action: What's Next for Lagos?

Lagos is drowning under historic flash floods, leaving businesses ...

Lagos is drowning under historic flash floods, leaving businesses disrupted, roads impassable, and families searching for urgent answers. In this exclusive interview, we breakdown the critical steps being taken to ...save Africa's largest megacity from rising sea levels.

As the rainy season peaks, the conversation surrounding Lagos drainage issues and indiscriminate waste disposal has returned to the forefront of national urgency. Elizabeth Musa sits down with Titilayo Oshodi, the Special Advisor to the Governor of Lagos State on Climate Change and Circular Economy, fresh from her delegation at the London Climate Action Week 2026. She addresses the harsh realities facing local communities and answers a question on every Lagosian's mind: why does this city keep flooding despite constant environmental infrastructure projects?

Discover how the newly unveiled State Determined Contributions (SDC) framework and the Under 2 Coalition are connecting Nigeria to international climate finance. We look closely at the historic $80 million Clean Cooks program, a circular economy initiative engineered to combat deforestation, slash household energy costs, and generate green jobs across local government areas. Watch until the end to understand how sustainable investment is rewriting the environmental policy and resilience landscape ahead of COP31.

CHAPTERS:
00:00 – Introduction: The Reality of Lagos Floods
01:13 – Urgent Message to Flood-Affected Residents
03:00 – Why Does Lagos Keep Flooding?
05:00 – Drainage Problems vs. Climate Change Reality
07:42 – Key Takeaways from London Climate Action Week 2026
09:28 – Explaining the State Determined Contributions (SDC) Framework
11:00 – How Lagos is Attracting International Climate Finance
13:46 – The Under 2 Coalition: Global Networks for Local Solutions
15:40 – Inside the $80M Clean Cooks Program & Deforestation
19:37 – What Lagosians Should Expect Ahead of COP31

#Lagos #Floods #ClimateAction #lagosfloods #floodinginlagosShow More

State Police: Are Nigerian States Ready?

As Nigeria moves closer to adopting a decentralized Police system, the ...

As Nigeria moves closer to adopting a decentralized Police system, the burning question remains: Are Nigerian states actually ready for State Police? In this insightful analysis, Host Deborah Ezeh sits ...down with public affairs analyst Damian Ajayi tear down the political talk and look closely at the financial, structural, and institutional hurdles facing our 36 states.

With rising security challenges across the federation, shifting from a centralized federal police structure seems inevitable. However, public affairs analyst Damian Ajayi joins BusinessDay TV to break down the dangerous reality of funding incapacities, poor institutional framework, and why many state governors are simply not equipped to build a professional policing network. Is duplicating the current system into 36 states a recipe for total anarchy, or will it fix our ranking on the world internal security and policing index?

We explore the historical warnings from the First Republic, the structural failures of existing local outfits like Amotekun or the Lagos State Neighborhood Safety Corps, and the urgent need for a National Police Council to set rigorous benchmarks. Watch until the end to understand the real financial bottlenecks that might leave ordinary Nigerian taxpayers carrying a heavy burden.

CHAPTERS:
00:00 – Introduction: The State Police Debate
01:12 – Opportunities vs. Challenges of Decentralized Policing
03:05 – Is Nigeria Truly Ready for State Police?
04:05 – Nigeria's Ranking on Global Internal Security Index
05:33 – The Funding Crisis: Can States Sustain Personnel & Welfare?
08:26 – Should All 36 States Launch Simultaneously?
10:19 – Political Abuse: Will Governors Weaponize State Police?
13:51 – Can Amotekun and Neighborhood Safety Corps Be the Foundation?
15:33 – Institutional Capacity, Oversight, and Advanced Training
18:40 – The US Multi-Layer Model: What Nigeria Must Copy
21:35 – Final Verdict: Enforcement Over Ideas

#StatePolice #Nigeria #SecurityReform #security #news #nigeriapoliceShow More

Lagos Under Water: Residents Count the Cost of Rising Floods

Lagos is under water again, and the annual rainy season has pushed ...

Lagos is under water again, and the annual rainy season has pushed Lekki, Agungi, and coastal road communities to a breaking point. As flash floods rise to car windows, residents ...are crying out for permanent engineering solutions instead of reactive government shows.

In this deep-dive interview on Host Elizabeth Musa sits with Agungi resident Eyimisan Abusomwan, who exposes the brutal reality of living through the latest round of devastating Lagos flooding. From using inflatable boats to rescue children and pregnant women to paying millions in mechanics bills for flooded cars, the daily routine of everyday Lagosians has been entirely disrupted. Ground-floor apartments are bearing the worst of the impact as trash, rodents, and contaminated water spill into living rooms, ruining electronics, generators, and mattresses.

The discussion cuts through the official excuses of climate change and being below sea level to analyze the root causes of the disaster: blocked drainage systems, failed waste management by LAWMA, and questionable building integrity by developers who compromise structural foundations. While Tokunbo Wahab, the Lagos State Commissioner for Environment and Water Resources, has initiated emergency demolitions of illegal structures blocking canals, residents are demanding a proactive early warning system, structural engineering audits, and real accountability before building collapses take lives.

CHAPTERS:
00:00 – Introduction: The Rainy Season Anxiety in Lagos
01:10 – Personal Experience: How Agungi Flooding Halts Daily Life
02:30 – Then vs. Now: Why Flash Floods Are Staying Longer
04:00 – The Reality of Floating Trash and Overturned LAWMA Bins
05:40 – Inflatable Boats and Floating Cars on Lekki-Epe Axis
07:45 – Ground Floor Crisis: Destroyed Appliances and Rodents
09:40 – Government Actions vs. Reactive Policy Under Commissioner Tokunbo Wahab
12:15 – Proposed Solutions: Early Alerts, Compensation, and Developer Audits
14:30 – Building Integrity: The Terrifying Threat of Collapsing Structures
17:00 – The Psychological Toll: Do the Authorities Genuinely Care?
19:10 – Conclusion: Why Speaking Out is the Only Way to Save Lagos

#Lagos #Flooding #Lekki #floods #Nigeria #NewsShow More

Building Against Floods: Can Better Construction Protect Nigeria?

Is your home actually safe from the rainy season, or are bad ...

Is your home actually safe from the rainy season, or are bad structural choices waiting to wash your hard-earned investment away? Rain doesn’t create weaknesses in your property—it simply exposes ...them.

In this exclusive interview, Deboorah Ezeh sits down with Casper Chidubem, President of Home Inspectors Nigeria Limited, who breaks down the absolute reality of structural vulnerabilities and poor urban planning driving the Nigerian flood crisis. Discover how bad site grading, undersized drainage networks, and cutting corners on building materials turn manageable rainfall into catastrophic building damage. If you are building a house in Nigeria or buying real estate in Lagos, this structural integrity guide will show you exactly what to look out for before it's too late.

We dive deep into why developers fail by focusing only on the structure while ignoring flood-prone land layouts, proper waterproofing, and drainage infrastructure maintenance. Learn the 5 practical tips to safeguard your property and find out why an independent home inspection is the ultimate protection for your wealth.

CHAPTERS:
00:00 – Introduction: The Link Between Building Design and Flooding
01:18 – Why Nigerian Flood Disasters Are Worse Than Ever
02:27 – Structural Integrity vs. Nigeria's Lack of Enforcement
03:21 – The Role of Architects and Engineers in Flood Mitigation
04:21 – How Independent Home Inspections Reveal Vulnerabilities
05:44 – Common Construction Mistakes That Lead to Severe Flooding
07:03 – Why Developers Must Look Beyond the Building Layout
08:31 – Best Civil Engineering Methods and Flood Resistant Materials
09:23 – Regulation vs. Enforcement: The Biggest Gap in Nigeria
10:34 – Why Nigerians Must Change Their Mindset on Home Inspections
11:22 – Urban Planning Lessons Nigeria Must Learn from Global Cities
12:34 – Future-Proofing Real Estate with Smart Drainage Infrastructure
13:34 – 5 Checklist Tips Before Buying Property in Flood-Prone Areas

#news #Nigeria #Floods #BuildingConstruction #Lagos #RealEstateShow More

Nigeria's Oil Palm Industry and the Race for Global Competitiveness

How Nigeria can reclaim its spot as a global palm oil powerhouse and ...

How Nigeria can reclaim its spot as a global palm oil powerhouse and why this sector is secretly a goldmine.

In this episode of The Big Story on BusinessDay Television, ...host Elizabeth Musa sits down with Prince Olawale Suleiman, President of the Malaysia Traders Market, to dissect the current state of Nigeria’s palm oil industry. In the 1960s, Nigeria was the undisputed global leader in agriculture and palm oil exports. [04:27] Today, the country has fallen behind giants like Malaysia and Indonesia due to the boom of crude oil and massive agricultural neglect. [04:48]

They discuss the exact strategies Nigerian agribusiness entrepreneurs, smallholder farmers, and large-scale investors need to build a highly competitive value chain. Discover how structural improvements, research and development (R&D), and international trade partnerships can skyrocket production capacity. [07:38] Prince Sullean shares unique insider insights from living in Malaysia for 25 years, detailing how proactive government policies, cooperative farming models, and high-yielding seed varieties transformed their economy into a multi-billion dollar export machine. [07:12]

We also address the strict global standards for sustainable farming practices, quality control, and digital blockchain traceability systems that Nigerian producers must adopt to break into modern international markets. [16:15] If you want to tap into agricultural investment opportunities, create rural employment, or understand how the future of global green energy ties back to palm fruit processing, this conversation is an absolute must-watch. [18:51]

CHAPTERS:
00:00 – Introduction: The History of Nigeria's Palm Oil Industry
03:01 – Why Nigeria Fell Behind and Where We Stand Today
06:21 – 5 Crucial Lessons Nigeria Must Learn from Malaysia's Success
10:22 – The Power of Nigeria-Malaysia Trade Partnerships & Market Access
12:33 – How to Support Small and Medium Scale Palm Oil Producers
15:41 – Meeting Global Demands: Sustainability, Quality, and Traceability
18:44 – Can Palm Oil Replace Crude Oil for Nigeria's Economic Growth?

#PalmOil #Business #Nigeria #Agribusiness #malaysiaShow More

Lagos Health Reforms: Bridging the Healthcare Gap

The Lagos State government is enforcing strict new health insurance ...

Beyond June 12: How Healthy Is Nigeria's Democracy?

Is Nigeria’s democracy truly maturing after 27 years of unbroken civil ...

Can Collaboration Close Africa's $100bn Digital Infrastructure Gap?

Why are Africa’s biggest telecom rivals suddenly working together? ...

Why are Africa’s biggest telecom rivals suddenly working together? Discover how a staggering $100 billion digital infrastructure funding gap is forcing a massive transformation from rivalry to collaboration across Nigeria ...and the continent.

Host Elizabeth Musa sits down with Technology analyst Mr. Jide Awe, who breaks down the major economic shift facing the African telecom sector. As the soaring costs of deploying 5G, building hyperscale data centers, and laying fiber optic cables become unsustainable, traditional competitors are choosing infrastructure sharing and national roaming agreements to stay asset-light. But what does this mean for the everyday consumer, network coverage, and the overall quality of service?

We explore the practicality of treating telecom infrastructure as a public utility within the African context and evaluate Nigeria's critical "Dig Once" policy. Beyond connectivity, the conversation confronts the harsh reality of digital exclusion, proving that internet affordability and digital literacy are now much larger challenges than actual network reach. Finally, we look at the vital role of innovative regulation in preventing monopoly abuses while ensuring true digital inclusion for all citizens.

CHAPTERS:
00:00 – Introduction: The $100 Billion Digital Infrastructure Gap

01:00 – What’s Driving Rivals from Competition to Collaboration?

02:15 – How Severe Is Africa’s Infrastructure Funding Deficit?

04:00 – The Asset-Light Model: Financial Pressures vs. Evolution

05:32 – National Roaming and Infrastructure Sharing in Nigeria

07:00 – Why Infrastructure Duplication Is No Longer Sustainable

08:20 – Treating Telecom Towers as a Public Utility

10:30 – Nigeria's "Dig Once" Policy and Its Impact on Data Costs

12:15 – Affordability vs. Connectivity: The Real Digital Divide

14:00 – Regulatory Risks: Preventing Monopolies in Shared Networks

16:15 – The Next Phase: Future of African Telecoms & Digital Inclusion

#nigeria #news #DigitalInfrastructure #Africa #Tech #TelecomShow More

Property Quality, Hidden Defects : The Reality of Nigeria's Real Estate

Nigeria real estate investments are booming, but poor property quality ...

Nigeria real estate investments are booming, but poor property quality and hidden defects are costing buyers millions. Discover the shocking reality behind modern building construction standards before you buy your ...next home.

Host Elizabeth Musa sits down with Casper Chidubem, President of Home Inspectors Nigeria Limited, to unpack the massive systemic gaps facing Nigeria real estate buyers. High inflation and skyrocketing construction costs have put severe pressure on local property developers, leading to a dangerous normalization of poor building craftsmanship. Many structural flaws, electrical faults, and roof leak risks are deliberately concealed during handovers, turning beautiful finished homes into expensive liabilities months down the line.

Statistics reveal that Nigerian property investors lose roughly 5% of their total asset value strictly to post-purchase structural reworks and quality failures. This detailed breakdown explores how independent property valuation, strict building inspection protocols, and verified data compliance can safeguard your hard-earned capital. Whether you are a local home buyer or part of the crucial diaspora investor community, transitioning from trust-based property decisions to objective verification is the only way to avoid catastrophic real estate scams.

CHAPTERS:
00:00 – Introduction: The Reality of Nigeria's Real Estate
00:54 – The Financial Impact of Poor Property Quality in Nigeria
02:12 – The Evolution of Property Inspection Culture
02:58 – How Inflation and Materials Costs Cause Hidden Defects
04:19 – Building Standards Compared: Nigeria vs South Africa
05:26 – Case Study: Shocking Defects Uncovered On-Site
06:49 – Why Diaspora Investors Fall Victim to Bad Construction
07:41 – Independent Verification vs Informal Building Inspectors
08:26 – The Challenges of Maintaining Consistent Quality Assurance
09:21 – Government Regulation and National Building Code Enforcement
11:45 – Final Verdict: The Best Advice for Real Estate Buyers

#Nigeria #news #RealEstate #Property #Lagos #buildingShow More

Can Technology Fix Nigeria's Skilled Labour Gap?

Are you tired of unreliable technicians and the stress of home ...

Nigeria's Economy One Week Into The US/Israeli-Iran War

Nigeria is at a financial crossroads as the US/Israel-Iran conflict ...

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