industrialisation

Chief Timipre Sylva, Minister of State for Petroleum Resources, says the passage of the Petroleum Industry Bill (PIB) will unlock several midstream gas opportunities and enhance domestic gas utilisation.

The federal government has approved the expansion of the existing Free Trade Zones (FTZs), as well as the activation of existing ones to respond to the demands of the African Continental Free Trade Area Agreement (AfCFTA) and the COVID-19 pandemic.

Ondo State Governor, Oluwarotimi Akeredolu and his deputy, Hon. Lucky Orimisan Aiyedatiwa were on Wednesday sworn-in as Governor and Deputy Governor of the state, saying his second term is not for relaxation. The inauguration ceremony...

The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa.

The Niger Delta Development Commission (NDDC) said all is now set for the training of indigent Niger Delta youths on technical skills at Innoson Vehicle Manufacturing Company.

The Federal Government has approved the sum of N35.4 billion for the improvement of electricity infrastructure in both Kano and Calabar Free Trade Zones.

African trade unionists have tasked the new Director-General of World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala to ensure that global trade agreements promote workers’ rights, eradicate poverty and guarantee sustainable industrial development in the world.

The Minister of Industry, Trade and investment, Adeniyi Adebayo, says the Nigeria Sugar Institute (NSI) just commissioned in Ilorin, Kwara State, ”will create hundreds of thousands of jobs”.

Minister of Industry, Trade Investment, Chief Niyi Adebayo, has reiterated commitment of the federal government to partner with private and public investors in the sugar industry to accelerate the nation’s economic growth.

Bauchi State Governor, Bala Mohammed, yesterday signed a Memorandum of Understanding (MOU) with a PowerDot, a UK-based energy firm for provision of affordable uninterrupted electricity through incineration of municipal solid waste to energy at an affordable cost.

The Minister of Science and Technology, Dr Ogbonnaya Onu, says his ministry is determined to accelerate the pace of industrialisation of Nigeria, to create wealth for citizens.

The KanInvest and Diaspora, in partnership with the Links, a UK-based company and the Manufacturers Association of Nigeria (MAN), has secured N10 billion intervention fund from Central Bank of Nigeria (CBN) in its bid to revive industries affected by the COVID-19 pandemic disease in Kano State.

As hopes of recovering outstanding N4.4 trillion debt dim, the Asset Management Corporation of Nigeria (AMCON) has cried out to all relevant government agencies and stakeholders to join its debt recovery drive as failure to achieve this golden objective will further wreck the economy.

The Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) trained more than 10, 000 young entrepreneurs in the North East region in 2020 on how to manage small businesses profitably.

Nigeria and the government of the Peoples Republic of China on Tuesday signed a Memorandum of Understanding (MoU), to establish an inter-governmental committee that will coordinate the cooperation and relations between both countries.

South Africa’s Trade and Industry Minister Ebrahim Patel on Friday urged manufacturers and farmers in the country to prepare themselves for opportunities in export markets following the launch of the African Continental Free Trade Agreement (AfCFTA).

The Bill, which was passed by Abia State House of Assembjy Tuesday was presented to the Governor by the Clerk of the House, Sir John Pedro Irokansi in his Aba Lodge where he endorsed the N131,852,752,000.00 (One Hundred and Thirty One Billion, Eight Hundred and Fifty Two Million, Seven Hundred and Fifty Two Thousand Naira Only) Budget made up of N69bn for capital expenditure and N62.8bn for recurrent expenditure.

Ekiti State Government has announced its plans to engage more architects as well as partner the Architects Registration Council of Nigeria (ARCON) to ensure that its Urban Renewal Projects meet international standard.

Ekiti State Government is set to engage more architects and partner with the Architects Registration Council of Nigeria (ARCON), to ensure its Urban Renewal Projects meet international standard.

Governor Rotimi Akeredolu has said that his administration would construct a jetty in the southern senatorial district of the state.

According to the Minister of Industry, Trade and Investment, Adeniyi Adebayo, Nigeria is yet to see the potential of FTZs as an instrument for economic growth due to poor implementation.

Artificial Intelligence (AI) and other technologies are to be deployed in the area of solid mineral exploitation, says Minister of Science and Technology, Dr Ogbonnaya Onu.