Search Results for "Local Production"
25 results found
Summit targets solutions for $54bn construction market

…Manufacturing Hubs across the country under the Renewed Hope Agenda would strengthen local production and supply chains while supporting efforts to reduce construction costs. Senior Vice President, dmg events, Josine Heijmans, said the exhibition would connect Nigerian construction companies and authorities with intern…

Business by nigerianewsfeed · 6 days ago · 0 comments · 11 views
LASG begins phased activation of Imota industrial hub

…the hub, once operational, would support employment, MSME growth, skills development and local production, while strengthening supply chains and attracting investment to Ikorodu. The commissioner directed officials to resolve the immediate operational gaps, identify the first occupants and activities, and commence phas…

Business by nigerianewsfeed · 7 days ago · 0 comments · 13 views
NAFDAC reforms boost local drug production, attract investors, says DG

…DG outlined regulatory measures introduced by the agency and the gains recorded in local production and investment. Adeyeye highlighted NAFDAC’s sustained Maturity Level 3 status, describing it as the highest benchmarking rating in Africa, as well as Nigeria’s full membership of the International Council for Harmonisat…

Investment by nigerianewsfeed · 7 days ago · 0 comments · 11 views
2027: We’re competing against thieves – Atiku

…food costs, placing greater pressure on households. He stressed that he would support local production, help businesses grow and make wages more valuable for Nigerians. 2027: We’re competing against thieves – Atiku

Politics by nigerianewsfeed · 14 days ago · 0 comments · 13 views
Atiku accuses Tinubu of favouring oil companies with tax incentives amid rising petrol prices 

…properly budgeted and independently audited. He added that the plan would be linked to local production and supported by efforts to increase refining capacity, improve competition and restore household purchasing power. “You cannot subsidise capital and criminalise relief for citizens. You cannot offer cushions upstair…

Politics by nigerianewsfeed · 16 days ago · 0 comments · 14 views
'Fake agency' boss insists office legitimate, provides more documents

…import dependency,” and “Build a stronger Nigeria.” Another graphic promoted “Drive local production development under the Industrialize Nigeria” and “Locally made for global access.” It listed objectives including promoting local manufacturing, creating jobs and wealth, reducing import dependency and boosting global c…

Business by nigerianewsfeed · 18 days ago · 0 comments · 16 views
See list of 10 consumer goods companies in Nigeria by revenue

…benefiting from its position in Nigeria’s sugar market and continued investment in local production.Its performance also contributed significantly to the overall profitability of the consumer goods sector.5. International Breweries Plc — N342 billionInternational Breweries generated N342 billion in revenue in the first…

Business by nigerianewsfeed · 19 days ago · 0 comments · 15 views
Atiku cannot promise petrol subsidy without explaining funding – APC chieftain

…it should be accompanied by measures to protect vulnerable Nigerians and increase local production. “Today, Atiku is presenting subsidy restoration as a solution, whereas his position before the 2023 election was that subsidy should be removed. Nigerians are entitled to ask what has changed and why,” he said. He urged…

Politics by nigerianewsfeed · 20 days ago · 0 comments · 15 views
FG to establish building materials hubs across geopolitical zones

…Building Materials Manufacturing Hubs across Nigeria’s six geopolitical zones to boost local production, reduce construction costs and improve access to affordable housing. The Secretary to the Government of the Federation, Senator George Akume, disclosed this on Wednesday in Abuja while declaring open the 56th Confere…

General News by nigerianewsfeed · 21 days ago · 0 comments · 14 views
India-Nigeria trade hits $9bn as firms deepen local production

…corporate presence also signals a shift from an export-driven relationship towards local production. Indian companies are increasingly establishing manufacturing and production facilities in Nigeria across pharmaceuticals, power, construction, consumer goods, healthcare and other services. With healthcare is emerging a…

Business by nigerianewsfeed · 24 days ago · 0 comments · 18 views
NASENI empowers Osun youths, women with skills to drive local businesses

…to expand technical and vocational skills, promote entrepreneurship and strengthen local production as part of measures to tackle unemployment and improve economic opportunities for young Nigerians and women. NASENI’s emphasis on combining skills training with equipment provision also reflects its broader mandate of pr…

Politics by nigerianewsfeed · 30 days ago · 0 comments · 14 views
Revealed: Why rice crashed amid new import waiver by the FG

…arrangement.Consumers rejoice as rice prices crash, but farmers reveal the impact on local production. ImagesHowever, farmers’ groups have continued to raise concerns about the influx of imported rice, warning that cheaper imports could undermine domestic production if local farmers are not given adequate support.The l…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 16 views
Nigeria records zero aviation fuel imports for 13 months

…volatile, the absence of imported ATK throughout the review period suggests that local production has become sufficiently established to support Nigeria’s aviation fuel requirements, with consumption largely hovering around the country’s daily benchmark demand of three million litres. The development comes against the…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 16 views
MAN warns inflation won't ease without reforms

…focused on advancing policies that improve competitiveness, encourage investment, expand local production, deepen exports, and position Nigeria as Africa’s industrial hub and the preferred manufacturing destination.” He noted that the second quarter witnessed increased business and government activities after a slow st…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
See the cheapest and most expensive places to buy cooking gas

…costs and limited access to cooking fuels, revealing the urgent need for sustainable local production solutions.

lifestyle by nigerianewsfeed · 1 mon ago · 0 comments · 19 views
Nigeria needs $5bn to achieve self sufficiency in sugar production — NSDC boss

…are aware, we are working against a decades-long deficit in terms of the gap between local production and actual consumption. “We have often quoted the statistic that we produce only about two per cent of the sugar we consume. Because of how long it has taken, President Muhammadu Buhari, of blessed memory, renewed the…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
How cooking gas imports jumped amid surge in prices

…30 per cent of Nigeria’s total daily cooking gas supply in June, a clear indication that local production alone was insufficient to meet rising demand.Industry analysts say the massive importation was necessary to prevent a deeper cooking gas scarcity, especially as millions of Nigerian households increasingly rely on…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 19 views
Smugglers block Ota-Idiroko Road as illicit trade thrives 

…the height of the illicit trade that causes government to lose revenue and discourages local production of rice. The disruption got to a head on Friday when the smugglers blocked Goro section of Atan-Ota on the highway for about six hours. While the disruption lasted, children heading to school, workers going to work a…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
Singer Timi Dakolo responds to allegations made by DJ Timmy who claims he owes him money and engages in s£xcapades while married

…things, securing venues, providing sound, lighting and technical production, arranging local production, and bearing visa-related costs, flights, acommodation and transportation. "The Agreement further provided that such expenses were non-recoupable and were to be borne entirely by the Promoter." The statement adds tha…

Health by nigerianewsfeed · 1 mon ago · 0 comments · 18 views
Timi Dakolo denies £4,106 debt claim, threatens legal action against DJ

…things, securing venues, providing sound, lighting and technical production, arranging local production, and bearing visa-related costs, flights, accommodation and transportation.” The lawyers added that the expenses were non-recoupable and were to be borne entirely by the Promoter, noting that the only expenses capabl…

Investment by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
Fuel imports surged by 207% in June - NMDPRA report

…in January, the June figures showed a much greater reliance on imports to supplement local production. The June data also showed that the country’s crude oil receipts by domestic refineries improved during the month. Crude oil receipt by domestic refineries rose from 0.578 million barrels per day in May to 0.632 millio…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 18 views
TechCabal's Road to Moonshot brings Africa's startup debate to Nairobi

…business but an attempt to reduce dependence on imported fuel while creating demand for local production. Felix Kimura, Product Manager, My OneApp. Image source: TechCabal. Safaricom’s contribution pointed in a similar direction, albeit through digital infrastructure rather than industrial infrastructure. The telco hig…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
FG has cut import tariffs to 5% for used vehicles, 10% for new - Adeniyi

…of the proposed green tax introduced in 2023, and government fiscal policies promoting local production of healthcare products, which reduced import duty and VAT collections on medical imports. He also cited the presidential initiative on compressed natural gas, CNG, and electric vehicles, which reduced revenue from im…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 24 views
Lagos to receive first state-funded HIV medicine August

…state was also working with the Joint United Nations Programme on HIV/AIDS to explore local production of antiretroviral medicines, drawing lessons from Kenya's pharmaceutical and health commodity management system. "Furthermore, the state is exploring opportunities to strengthen local health security through sustainab…

Health by nigerianewsfeed · 2 mons ago · 0 comments · 25 views
NMDPRA to issue import permits to bridge LPG supply gap - Umar

…distribution infrastructure and accelerate domestic gas processing projects to boost local production. He expressed confidence that the measures would increase supply and bring down LPG prices from July. (NAN)

Business by nigerianewsfeed · 2 mons ago · 0 comments · 32 views
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