…GDP grew by 3.89% in the first quarter of 2026, compared with 3.13% a year earlier. On economic diversification, he stated that “non-oil activities accounted for 96.08% of GDP, while manufacturing grew by 3.29% and the oil sector by 2.57%,” emphasising that the gains had reinforced his administration’s confidence in th…
…The ministry said the programme could support job creation, poverty reduction, economic diversification and import substitution by improving Nigeria’s capacity to produce skilled technicians and artisans. The stakeholders urged employers to open their factories and workshops to trainees, provide mentorship and help cre…
…protect consumers’ rights to quality products and value for money, and support Nigeria’s economic diversification. According to him, the scheme has recorded significant growth since its introduction, with certifications and revalidations increasing from 1,930 products produced by 458 companies in its first year to 17,8…
…strengthening security, improving energy supply, expanding manufacturing and supporting economic diversification. The conference has as its theme, “Mechanical Engineers as Catalysts of Innovation for Enhanced Security and Sustainable National Development”. “At a time when nations are increasingly confronted by security…
…CNG, LPG, fertiliser, petrochemical and other gas-based industries capable of supporting economic diversification. Nigeria imported 1.94m MT cooking gas in 3 years — NMDPRA The domestic supply challenge is also reflected in Nigeria’s LPG market. According to the Nigerian Midstream and Downstream Petroleum Regulatory Au…
…aligned with the Federal Government’s Renewed Hope Agenda, particularly its focus on economic diversification, youth empowerment, entrepreneurship, job creation, productivity and private-sector development. She called on participants to engage actively with facilitators and other stakeholders throughout the programme.…
…to promote national development. Ikpeazu said the government was committed to economic diversification, improved governance and inclusive growth as part of efforts to build a more prosperous and secure future for the country. The ambassador stated this in Madrid, Spain, during an event marking Nigeria’s 66th Independen…
…Key themes will include fiscal discipline, revenue mobilisation, debt sustainability, economic diversification, policy credibility, and institutional efficiency, alongside an analysis of rating methodologies, upgrade drivers, and access to international capital. The forum comes against the backdrop of renewed regional…
…Nigeria’s legacy steel industry assets as a critical driver of industrialisation, economic diversification, job creation and sustainable national development.” The government had privatised the company to Global Infrastructure Holdings Limited in 2005 in an attempt to attract private capital and revive operations. Howe…
…within a wider push to use digital infrastructure and human capital to support economic diversification, job creation and private-sector growth. For the NCC, the 15-year arrangement is expected to ensure that the facilities move from physical assets to productive platforms for digital skills, innovation and enterprise.…
…aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises economic diversification, industrialisation, job creation, and attracting strategic foreign investment. “It also reinforces the growing U.S.–Nigeria partnership through investment-driven cooperation that supports sustainable mineral develo…
…Strategic autonomy means clarity of position first, and flexibility in tactics second. Economic diversification AfCFTA + global partnerships like China’s zero-tariff access. Nigeria is done with aid-for-diplomacy. The new model is trade-for-growth. Under President Bola Ahmed Tinubu’s Renewed Hope Agenda, Nigeria is lev…
…of the Federal Government’s drive to leverage the country’s vast gas reserves to boost economic diversification, deepen industrialisation and improve energy security. However, industry stakeholders have consistently identified infrastructure limitations, evacuation constraints and commercial challenges as key factors a…
…country’s creative industry. According to the minister, the main goal of the project is economic diversification and expansion, as well as job creation. She hailed Fubara for what his administration has done in the area of art, culture, tourism and the creative economy, describing it as “very vast.” “I’m very glad toda…
…Festival comes as Nigeria continues to position its creative industry as a key driver of economic diversification under the Federal Government’s Renewed Hope Agenda. The country’s film industry, Nollywood, remains one of the world’s largest by production volume and contributes significantly to employment and cultural d…
…artisans and technologists capable of driving Nigeria’s industrialisation and economic diversification. The registrar commended the Minister of Education, Dr Tunji Alausa, for championing reforms aimed at repositioning technical education through increased investment in skills development, stronger industry partnership…
…with the Federal Government’s Renewed Hope Agenda, which prioritises non-oil exports, economic diversification, inclusive growth and women’s economic empowerment. The NEPC said it would continue collaborating with local and international partners to create more opportunities for women-owned businesses, enabling them to…
…the Minister of State for Industry, Sen. John Owan Enoh, explained the President’s bold economic diversification policies, describing the administration’s Eight-Point Renewed Hope Agenda as a transformative blueprint that is repositioning Nigeria for sustainable economic growth, industrial expansion, and shared prosper…
…in 2023. In 2023, all three major candidates included agricultural development and economic diversification in their manifestos. Tinubu, in office, has pointed to various agribusiness initiatives as part of his administration's economic agenda. The country's food inflation, however, reached record highs during his firs…
…to expanding trade volumes, improving supply chain efficiency and supporting economic diversification efforts. Also, the UAE delegation, led by the Head of Mission to Nigeria, Salem Saeed Al-Shamsi, expressed interest in understanding SAHCO’s operational capabilities and exploring avenues for stronger cooperation in pa…