industrialisation

The founder, Afe Babalola University, Ado Ekiti, Chief Afe Babalola (SAN), said on Sunday that the closure of Nigeria’s land borders in some parts was in the best security and economic interests of the country.

The Federal Executive Council on Wednesday approved that 500 million Euro loan be sourced for the Bank of Industry from external creditors. =

The Edo State Governor, Mr. Godwin Obaseki, has assured that his government will continue to deliver on the mandate of building a total society that caters to the collective needs for the greatest number of people in the state.

The Nigeria Bureau of Statistics (NBS) has said that Edo state’s service sector contributed N1.2 trillion to its N2.3 trillion Gross Domestic Product (GDP) in 2017.

Akwa Ibom Governor Udom Emmanuel has proposed a total budget estimate of N597,800 for the 2020 fiscal year before the House of Assembly.

The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, has reiterated Federal Government’s commitment to strengthen relationship between Nigeria and Poland in terms of trade, commerce and industrialisation.

In October 2013, when the Federal Government under former President Goodluck Jonathan introduced a National Automotive Industry Development Plan (NAIDP) the objective was to stimulate investment in local vehicle production.

Governor Willie Obiano of Anambra State on Thursday presented a budget proposal of N137.1 billion for 2020 to the State House of Assembly for approval.

The Governor cleared the air while interacting with the leadership and some members of Mboho Mkparawa Ibibio, foremost socio cultural organization of the Ibibio youths, that stormed Government House gate to herald his arrival following his victory at the Governorship petitions tribunal.

The federal government is working towards submitting the 2020 appropriation bill to the National Assembly by the end of this month, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has said.

A federal lawmaker under the platform of the All Progressives Congress (APC) in the House of Representatives in Oyo State, Hon. Shina Abiola Peller, representing Iseyi/Kajola/Itesiwaju/Iwajowa federal constituency of Oyo State, has empowered about 120 graduate farmers in the state with over N50 million as part of efforts to improve the economic well being of the people.

The electricity generation companies, GENCOs, say they are optimistic the African Continental Free Trade Area (AfCFTA) Agreement signed last Sunday in Niamey, Niger Republic. by all heads of government of the African Union will boost power generation and supply in the continent.

Yoruba leaders on Tuesday renewed their call for true federalism as the recipe for peace and progress in Nigeria.

The African Export-Import Bank (AFREXIMBANK) has said it is partnering with the Nigerian Export-Import Bank (NEXIM) to provide about $1billion financing for the promotion of Nigeria-Africa trade and investment in Africa.

Shortly after his inauguration for a second term on Wednesday, Akwa Ibom State governor, Udom Emmanuel, announced the sacking of all his advisers, special assistants, and personal aides.

Governor Udom Emmanuel of Akwa Ibom State said his administration will continue its industrialisation drive, giving priority to Ibom deep seaport and industrial city projects in his second term.

Chief Gen Donben Donyegha, President South South Solidarity Movement, has pleaded with Governor Godwin Obaseki of Edo State to take over the construction of the Udo Ufunama road in Ovia South West Local Government of the state from the Niger Delta Development Commission (NDDC) which, he alleged has failed to make progress after over 10 years of commencing work on the road.

Edo State Government has called Nigerians to disregard the schemes of a few greedy individuals who have been angling to corner the state’s resources for themselves through the dissemination of fake news and rumours in the media.