industrialisation
Minister: Passage of PIB’ll unlock several midstream gas opportunities
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.
Nigerian government announces additional economic zones for agric, textile
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 governor sworn-in for second term, pledges to work harder
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...
Afreximbank, AAAM to drive automotive investment
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.
NDDC to train unemployed youths at Innoson Motors
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.
Nigerian government approves N35.4 billion for provision of electricity in Kano, Calabar free trade...
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 Unions hail Ngozi Okonjo-Iweala, insist trade rules respect workers’ rights
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.
Nigerian sugar institute to create thousands of jobs – minister
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: Investment in sugar industry will provide jobs for youths
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 signs $70 million investment MOU with UK firm
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.
Nigerian government to accelerate pace of industrialisation – minister
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.
Coronavirus: KanInvest secures N10 billion central bank fund to revive industries in Kano
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.
AMCON cries out as hope of recovering N4.4 trillion debt dims
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.
SMEDAN trains over 10,000 young entrepreneurs in North East
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, China sign MoU to coordinate cooperation
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 urges manufacturers, farmers to expand exports through AfCFTA
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).
Abia governor signs 2021 Appropriation Bill
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.
Governor Fayemi: Ekiti’s urban renewal policy will drive industrial growth
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 to engage more architects for urban renewal projects
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 Akeredolu: Ondo to construct a jetty
Governor Rotimi Akeredolu has said that his administration would construct a jetty in the southern senatorial district of the state.
Nigerian government suspends licensing of free trade zones
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.
Minister: AI to be deployed for mining safety, efficiency
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.
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Court orders Ekiti university to reinstate sacked workers
The National Industrial Court in Akure has ordered the Ekiti State University (EKSU), Ado Ekiti, Ekiti State, to reinstate 85 non-teaching staff members sacked by the institution in December 2019.
INEC to hold Aba Reps by-election on March 27
The Independent National Electoral Commission (INEC) has fixed March 27, for the Aba North/South Federal Constituency by-election in Abia.
Troops foil Boko Haram attack, rescue passengers in Borno
Nigerian troops have foiled an attack from Boko Haram and ISWAP and rescued passengers along the Maiduguri-Damaturu highway in the Auno axis of Borno State.
SSANU, NASU suspends strike after three weeks
The Joint Action Committee, JAC, of non-teaching staff unions of universities has announced the suspension of its three weeks old strike with effect from midnight of February 26.
NDLEA boss urges Nigerians to take ownership of war against drug abuse
The Chairman/Chief Executive of the National Drug Law Enforcement Agency, NDLEA, Brig. General Mohamed Buba Marwa, has urged Nigerians to take ownership of the renewed fight against the menace of drug abuse in the country.
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Niger governor describes NAF plane crash as unfortunate
The Niger State Governor, Alhaji Abubakar Sani Bello, has described Sunday’s Nigerian Air Force (NAF) plane crash, which led to the death of seven personnel as unfortunate.
Aston Villa ban squad, staff from playing Fantasy Football
The Premier League club are furious at a leak of Jack Grealish's injury, which could have inadvertently come from the dressing room.
Italian ambassador killed in DR Congo attack
Italy’s ambassador to the Democratic Republic of Congo has been killed in an attack in the east of the country, its foreign ministry has said.
NDDC to train unemployed youths at Innoson Motors
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.
Niger Delta group dismisses $27 million bribe allegations against Timi Sylva, Simbi Wabote
An advocacy group, Niger Delta Peace Dialogue Initiative, NDPDI, has described as tissues of lies the allegations of $25 million and $2 million bribe taking against the Minister of State for Petroleum Resources, Chief Timipre Sylva, and Executive Secretary, Nigerian Local Content Development and Monitoring Board, Chief Simbi Wabote, respectively.