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Minister of Industry Trade and Investment

The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, has said the Federal Government will welcome long-term agribusiness activities coming from Russia to Nigeria.

Minister harvests sugarcane at N64 billion Sunti sugar estates

The Minister of Industry Trade and Investment, Niyi Adebayo, has commended the Sunti Golden Sugar Estates for the level of investment made in the sugar sector in Nigeria.
The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA).

AfCFTA: Nigeria harps on fairness

For the African Continental Free Trade Area (AfCFTA) agreement to achieve its goals and boost intra-African trade, deliberate efforts ensuring fair trade must endure, says Minister of Industry, Trade and Investment, Mr Niyi Adebayo.

China pledges to invest in Nigeria’s infrasrtucture, deepen bilateral relations

Mrs Guo Cui Duo, Vice President of Hebei Federation of Industry and Commerce, China, has promised to partner Nigeria through investment in infrastructure to deepen relations between both countries.
The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, has said the Federal Government will welcome long-term agribusiness activities coming from Russia to Nigeria.

Border closure, forex restriction’ll boost capital market – minister

The Minister of Industry, Trade and Investment, Niyi Adebayo, has said the gains being recorded from the border closure and the foreign exchange restriction on 44 items will increase domestic business’ activities and make the capital market more active.
The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, has said the Federal Government will welcome long-term agribusiness activities coming from Russia to Nigeria.

We’re addressing your concerns – Nigeria tells US investors

The Federal Government has assured existing and potential American investors of its commitment to addressing issues of corruption, political instability and insecurity in the country.
From left- Consul General of Nigeria in Atlanta, Mrs Aishatu Musa; Deputy Head of Mission, Nigerian Embassy, Washington DC, Amb. Hassan Hassan, and the President of UBTS International, Dr Frank Harper, at the event.

Federal government assures US investors of addressing their concerns

The Federal Government has assured existing and potential American investors of its commitment to addressing issues of corruption, political instability and insecurity in the country.
President Muhammadu Buhari Wednesday held talks with King Salman in Riyadh, on the sidelines of the second day of the Future Investment Initiative (FII) conference. 1

President Buhari welcomes Saudi Aramco’s partnership with NNPC to revive its subsidiaries

President Muhammadu Buhari Wednesday in Riyadh welcomed the commitment of Saudi energy company, Aramco, and Public Investment Fund (PIF) to explore areas of collaboration for investments in Nigeria, including partnership with the NNPC to revive the nation’s refineries.

LCCI: Border closure will affect Lagos trade fair

Organisers of the annual Lagos International Trade Fair, the Lagos Chamber of Commerce and Industry (LCCI), have said the land border closure with Nigeria’s neighbours will likely affect the 10-day event.
President Buhari at the event

World Bank ease of doing business latest ranking excites President Buhari

President Muhammadu Buhari has expressed delight with the World Bank’s 2020 Doing Business Index (DBI) which ranked Nigeria 131 out of 190 countries, up 15 places from 146th position last year.

Federal government restates commitment to better trade relations with Poland

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.

2013 automotive policy dead as federal government mulls new policy

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.

VP Osinbajo presides over economic management meeting

Vice President Yemi Osinbajo, on Wednesday, presided over the first Economic Management Team meeting of the President Muhammadu Buhari-led second term in office.
The Federal High Court Abuja, on Monday, refused to grant a request stopping President Muhammadu Buhari from inaugurating the 43 ministerial nominees over the exclusion of an FCT indigene from the cabinet list.

President Buhari’s ministers and portfolios — full list

President Buhari’s ministers and portfolios — full list
Okechukwu Enelamah

Federal government adopts strategies to create 20 million jobs

The Federal Government has adopted strategies to generate 20 million jobs in the agriculture, construction, transport and the services sectors in its second term, Mr Okechukwu Enelamah, the Minister of Industry, Trade and Investment, has said.
Okechukwu Enelamah

Minister: Nigeria losing nothing by not signing AfCFTA

The Minister of Industry, Trade and Investment, Okechukwu Enelamah, has said Nigeria does not lose anything by not signing the Africa Continental Free Trade Area (AfCFTA) agreement.

Minister: NSEZCO N14.3 billion still in central bank account

The Minister of Industry, Trade and Investment, Okechukwu Enelamah, says the N14.3 billion meant for Nigeria Special Economic Zones Company (NSEZCO) is still in Central Bank of Nigeria account.
Okechukwu Enelamah

Federal government reiterates commitment to industrialisation

The Federal Government has reiterated its commitment to the realisation of the Nigeria Industrial Revolution Plan (NIRP).

Nigeria, UK agree on regulations to deepen insurance market, expand digital economy

Nigeria and the UK have agreed to fast-track key regulations to deepen the insurance market and expand the digital economy.

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UN condemns killing of four humanitarian aid workers in Borno

UN humanitarian coordinator in Nigeria Mr Edward Kallon said in a statement at the weekend that the international community was saddened by the killing of the four aid workers.
Juventus women’s player Eni Aluko has said she felt discriminated against while in Turin and was treated like former Colombian drug lord Pablo Escobar when walking through an airport.

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