Pillar C · weight 22.5%
Competitiveness & Business Environment
The foundations firms operate on: power, connectivity, productive finance, price and exchange-rate stability, regulation and fiscal health.
2025 score
23.8
Since 2000
−21.3
Competitiveness & Business Environment, 2000–2025
Pillar score from 45.1 in 2000 to 23.8 in 2025.
2000
Source: NESG/ETC, Nigeria Economic Transformation Index (NETI), 2026
Underlying indicators
Indicator scores (0–100 scale)
Access to electricity (% of population)
NETI Score:
31.0/100
Score change since 2000: +31.0
2025 value, 3-year average: 60.8%
Individuals using the Internet (% of population)
NETI Score:
44.5/100
Score change since 2000: +44.5
2025 value, 3-year average: 40.5%
Domestic credit to the private sector (% of GDP)
NETI Score:
15.2/100
Score change since 2000: +15.2
2025 value, 3-year average: 19.7%
Credit to manufacturing (% of total)
NETI Score:
11.5/100
Score change since 2000: −64.1
2025 value, 3-year average: 14.7%
Inflation Rate (Inverse)Threshold Indicator*
NETI Score:
0.0/100
Score change since 2000: −100.0
2025 value, 3-year average: 27.0%
Exchange rate volatilityThreshold Indicator*
NETI Score:
0.0/100
Score change since 2000: −100.0
2025 value, 3-year average: 10.5%
Regulatory Quality
NETI Score:
27.5/100
Score change since 2000: +14.5
2025 value, 3-year average: 32.3
Fiscal Balance (% of GDP)Threshold Indicator*
NETI Score:
100.0/100
Score change since 2000: +0.0
2025 value, 3-year average: -1.8% of GDP
Indicators are normalised to a 0–100 scale.
- * Inflation Rate - Lower inflation improves the NETI score; 9% or below scores 100, while 20% or above scores 0.
- * Exchange rate volatility - Lower volatility improves the NETI score; 2% or below scores 100, while 10% or above scores 0.
- * Fiscal Balance (% of GDP) - Stronger fiscal balances improve the NETI score; −3% of GDP or better scores 100, while −8% or worse scores 0.