Export
Udoma Udoma: Federal government committed to expanding export of locally produced goods, services
The Minister of Budget and National Planning, Senator Udoma Udo Udoma says the Federal government is committed to the diversification of the country’s economy away from dependence on oil and gas.
NEXIM Bank’s N37bn agro-commodities export project takes off
The Nigerian Export-Import Bank has earmarked the sum of N37 billion to develop and support export commodities from primary production to the exporting stage nationwide.
Chinese imports from Africa hit global high in 2018
Trade import and export volumes between China and countries from Africa reached 116 billion dollars in the first seven months of 2018 – up 18.7 per cent year-on-year.
Farmers to get nine million yam seedlings under CBN’s Anchor Borrowers Programme
No fewer than nine million yam seedlings are to be distributed to yam farmers across the country under the CBN’s Anchor Borrowers Programme, (ABP) the Technical Committee on Nigeria Yam Export says.
Anambra government to boost spices production for local, export markets
Gov. Willie Obiano of Anambra has announced plans by the state government to boost spices production of spices for local consumption and for export.
Official: Abuja light rail will boost FCT economy, transport system
Transportation Secretary of the Federal Capital Territory (FCT), Kayode Opeifa, has expressed optimism that most of the transport gridlock in Abuja would soon disappear with the commissioning next Thursday by President Muhammadu Buhari, of the Abuja light rail system.
Experts: Nigeria’s minerals export grow by 565% in two years
“Talking about economic potential, we also learnt that between 2016 and 2017 the export of minerals from Nigeria grew by a staggering 565 per cent. 90 per cent of these exports are mined through ASM activities,” he said.
Governor Ambode: Export inflow at LFZ to hit $6b by 2020
The Lagos State Governor, Akinwunmi Ambode, on Thursday said the export inflow at the Lekki Free Zone in Ibeju Lekki area of the State is projected to hit over $6 billion (about N2.159 trillion) by 2020, adding that it was time for Nigeria to develop sustainable roadmap to rev up export with particular focus on multi-sector products far beyond oil.
NCAA reaffirms figures released on 2017 passenger traffic, revenues
The Nigerian Civil Aviation Authority (NCAA) has reaffirmed the sanctity of the recently released statistical data on the aviation industry on passenger traffic and revenues earned by both domestic and international airlines.
NEPC: Cocoa produce key to economic diversification
The Nigeria Export Promotion Council (NEPC) has urged state governments to engage in resuscitation of cocoa produce for export, to reduce over dependence on petroleum.
National Assembly urged to consult experts before making laws
The Association of Professional Bodies of Nigeria (APBN) has asked the National Assembly to always engage and consult its members in order to render expert services on public sponsored bills or amendment that border on specialised area.
Vladimir Putin says yet to see US ‘Kremlin Report’
President Vladimir Putin of Russia said Tuesday that he has not seen the so-called “Kremlin list” released by the U.S. earlier in the day, but colleagues informed him about the document.
Export promotion council set to address inadequacies in cocoa export
The Nigerian Export Promotion Council (NEPC) is set to address inadequacies and raise awareness of farmers on processing high-quality cocoa for export.
Nigeria’s export value rises 13.19% to N3.57bn in Q3
The National Bureau of Statistics has said that Nigeria’s total exports in the third quarter of 2017 stood at N3.57bn, showing 13.19 per cent increase over the amount recorded in the second quarter.
Why Nigeria export is rejected abroad – Group
Stakeholders have identified multiplicity of regulatory agencies, cumbersome documentation process, poor import infrastructure, high and duplicated charges as reasons why Nigeria exports are rejected abroad.
Senate gives firms one week to file defense over alleged N30tn leakage
The Senate Joint Committee on Customs, Excise and Tariff, and Marine Transport, has asked the over 30 companies quizzed this week over alleged complicity in the N30tn revenue loss in the import and export value chain to present their defense next week.
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British premier Theresa May faces vote of no confidence
The British Prime Minister, Theresa May, faces a leadership challenge on Wednesday that could see her exit her position as leader of the Conservative Party and thus prime minister.
2019: Afenifere, Gboyega Oyetola back Muhammadu Buhari’s re-election bid
Afenifere chieftains led by Senator Ayo Fasanmi last night canvassed President Muhammadu Buhari’s reelection during a visit to Osun State Governor Gboyega Oyetola.
PDP: Simon Lalong may trigger political crisis in Plateau
The Peoples Democratic Party (PDP), in Plateau State, said Governor Simon Lalong could trigger a bloody political crisis in the state following his desperate attempt to remain in power against the wish of the people.
Federal government partners Abia for Enyimba Economic City
The federal ministry of industry, trade and investment says it is partnering with the Abia state government and Crown Realities Plc for the development of Enyimba Economic City.
Aliyu Wamakko trains 400 youths on business plans
The senator representing Sokoto North senatorial district, Aliyu Magatakarda Wamakko, in collaboration with the Central Bank of Nigeria (CBN), and the National Directorate of Employment (NDE), Tuesday commenced the training of 400 unemployed youths from across Sokoto State on how to effectively prepare profitable and acceptable feasibility studies and business plans.
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2019: Josiah Fearon tasks political parties, candidates on violence free election
Chairman, Kaduna State Peace Commission, Archbishop Josiah Idowu Fearon, at a one day summit towards peaceful 2019 general elections in Kaduna state has called on all political parties and their candidates to be committed to ensuring a violence free elections.
Lagos APC chieftain warns Jimi Agbaje to stop blackmailing Bola Tinubu
Lagos APC youth scribe Idris Aregbe warns PDP gubernatorial candidate Jimi Agbaje to cease from blackmailing and assassinating the character of APC national leader Bola Ahmed Tinubu
Ibadan Indigenes Council to celebrate Abiola Ajimobi’s 69th birthday
The Central Council of Ibadan Indigenes (CCII) said it decided to celebrate with Gov. Abiola Ajimobi on his 69th birthday coming up on Dec. 16 because he had fulfilled most of his electoral promises to the people of Ibadan.
2019: PDP, CUPP hold emergency meeting
The presidential candidate of the Peoples Democratic Party (PDP) and the leadership of the party’s campaign council are currently holding an emergency meeting with members of the Coalition of United Political Parties (CUPP).
HRW: Saudi guarantees on detained activists ‘not good enough’
Human Rights Watch has urged Saudi Arabia to allow independent observers access to detained women's rights activists, saying Riyadh's assurances of their well-being could not be trusted following the murder of journalist Jamal Khashoggi.