Dear Subscriber,

Two years scorecard of Tinubu’s administration

The performance of the economy has received mixed reviews, from the Financial Times, which is relatively optimistic, to Fitch, which thinks there is light at the end of the tunnel. Generally speaking, the average GDP growth is expected to reach 3.5% in 2025. There is room for cautious optimism in the 2025/26 period.

Price of 50kg bag of cement surged to N10,500

Despite the onset of the rainy season, the price of a 50kg bag of cement rose by 25%, from ₦8,400 in December 2024 to ₦10,500. This unusual trend is driven by sustained investment in real estate and civil construction. In 2025, CapEx has surged across all states in Nigeria, contributing to strong demand. As a result, cement prices have remained elevated.

FDC’s M.D., Mr. Bismarck Rewane, and analyst, Rosemary Adibe, discussed these and other burning economic issues on Channels TV Business Morning and Business Incorporated, respectively.

Click the link below to watch the video.

Enjoy your read!