ACIOE Associates is an advisory services firm providing solutions in Strategy, Government Relations, Regulatory Affairs, Economic Development...

June 27, 2024

Ministerial Performance Scorecard

Focus Ministries 1 Minister of State for Petroleum Resources 2 Minister for Solid Minerals Development 3 Minister for Health and Social Welfare 4 Ministry of Agriculture and Food Security 5 Ministry of Aviation and Aerospace Development 6 Ministry of the Federal Capital Territory 7 Ministry of Budget and Economic Planning 8 Ministry of Industry, Trade, […]

June 14, 2024

Nigeria’s BRICS Membership: Strategic Path to Global Influence and Economic Growth

In 2006, the acronym “BRIC” was coined to represent the four countries: Brazil, Russia, India, and China. These nations have a shared recent history of rapid socioeconomic growth and are projected mainly as potential dominant players in 21st-century global economics. South Africa joined the group in 2010, transforming it into “BRICS.” The group aims to […]

May 3, 2024

Balancing FX Market Stability with Export Promotion: Analyzing Non-Oil Exports

The foreign exchange (FX) market is critical in determining a country’s economic outlook in the global economy. The Nigerian FX market has been volatile in recent months, with the Naira oscillating versus significant currencies such as the USD and EUR. Several variables contribute to this, including global oil price volatility, investor confidence, FX demand, and […]

March 7, 2024

Paving the Path to Gender Equality: The Imperative of Women’s Political Representation in Nigeria

In Nigerian demographics, women and girls constitute a formidable force, comprising over 49% of the total population of over 200 million, as reported by the World Bank. Women remain significantly underrepresented in the political sphere. This stark disparity between their demographic strength and their presence in government underscores a crucial challenge for Nigerian society. A […]

November 30, 2023

Inflation Management in Nigeria: Creative Approach to Enduring Economic Stability

In the quest for economic stability, few challenges loom larger than inflation. The phenomenon, when left unchecked, erodes purchasing power, disrupts investment climates, and hampers the ability of individuals and businesses alike to plan for the future. For Nigeria, a nation endowed with abundant potential, managing inflation has become a critical endeavor. In the wake […]

November 22, 2023

The Informal Economy in Nigeria: Fostering Growth Amidst Economic Changes

  The informal economy in Nigeria has long been a critical component of the nation’s economic landscape, playing a multifaceted role in driving employment, income generation, and economic resilience. In recent times, as Nigeria grapples with significant economic changes, including subsidy removal and a floating forex regime, the informal sector’s importance has become even more […]

October 26, 2023

ACIOE Joins BMGF, Women In Leadership and Other Stakeholders Dialogue to Improve Women’s Inclusion in Decision Making

ACIOE’s Senior Program Officer for Gender and Climate Change recently attended and supported the Women in Leadership Dialogue session @BMGF NCO where discussions were held around challenges women encounter assuming leadership roles at the organizational and societal levels. The dialogue, aimed to accelerate full and effective participation for women in leadership and all levels of […]

February 2, 2023


2023 is likely to emerge as a critical year that will shape Nigeria’s growth trajectory and its ability to deal with some of the external and internal headwinds that have constrained growth over the past 8 years. Heightened macroeconomic challenges, upcoming general elections, the first population census in almost two decades, and security concerns at […]

January 6, 2023


During the presentation of the 2023 Appropriation Act, the Minister for Finance, Budget and National Planning, Mrs Zainab Ahmed, reiterated, amongst other things, that the petrol subsidy would be removed by mid-2023. In this article, we analyze the subsidy regimes in Nigeria comparatively with other African countries and provide insights on what a post-subsidy economy […]

November 3, 2022


2022 has proved to be a challenging year for the naira. It has lost close to 36 percent of its value relative to the dollar in the parallel market. The naira is currently trading at N437.05/$ at the official rate and N760/$ on the parallel market, coupled with inflation at 20.7 percent and subdued forex […]

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