Just Released: "Nigeria Shipping Report Q4 2013"
Nigeria's budget deficit is expected to narrow in 2013, to 1.5% of GDP, compared to an estimated 2.3% in 2012, on the back of improved revenue collection. However, risks are to the downside. Unforeseen expenditures, most notably the large military push in the northern states of Borno, Yobe, and Adamawa to root out militant groups like Boko Haram will exert pressure on the government's finances, with a possible knock on effect on the shipping sector.
View full press release