…kind of initiatives required to convert the state’s natural advantages into production, value addition, employment and sustainable economic growth. Idris said Tinubu’s administration was complementing the state’s development drive through major federal infrastructure projects. “These include the Gembu–Mbamnga–Yang (Lip…
…including the Dangote Refinery and Waltersmith refinery, while encouraging greater value addition through petrochemicals and gas processing. On the industry’s broader outlook, PENGASSAN said Nigeria’s fundamental problem was not a shortage of resources, laws or human capacity but the failure to convert these advantages…
…breeding, broiler production, processing, cold-chain logistics, standard abattoirs and value addition as critical areas requiring investment, lamenting Nigeria’s limited processing capacity. In his paper presentation titled,”Sustainable Poultry Production: Best Practices, Climate Change and Waste Management,” Dr. Mobol…
…components of its national interest. He argued that stronger commercial ties, industrial value addition, agriculture and food security could provide a foundation for regional peace and development. “Countries that trade with one another do not fight one another,” Enikanolaiye said. Stressing the need for closer economi…
…agriculture and trade. Agriculture cannot grow without manufacturing because value addition is what creates wealth and employment,” Onafowokan said. On monetary policy, he backed the CBN’s decision to retain the Monetary Policy Rate at 26.5 per cent, describing it as the right balance between curbing inflation and main…
…minerals value chain, including geological exploration, mining, mineral processing, value addition, and refining, while strengthening secure and resilient supply chains for minerals critical to the global energy transition. “The engagement aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises…
…sectors, including mining. According to him, Alake’s focus has been on ensuring local value addition by compelling mining operators to process minerals within Nigeria rather than exporting raw resources. He said several Chinese companies had responded by establishing processing facilities in line with the government’s…
…with processors, reduces dependence on exporting raw commodities and encourages local value addition while creating sustainable employment.Reflecting on Zamfara's industrial history, the governor recalled the state's once-booming textile sector, which supported thousands of livelihoods through textile factories, cotton…
…at the Streamsowers & Köhn 20th Anniversary Business Forum, where she stressed that value addition and beneficiation are essential to Africa’s industrialisation and long-term economic growth. According to a statement issued on Friday by the Nigeria AfCFTA Coordination Office, she said the AfCFTA goes beyond the elimina…
…Bank of Nigeria (CBN), the […] The post WTO DG charges Nigeria, African countries on value addition export appeared first on Tribune Online.
…and that is the direction Nigeria is taking.” He said the government was also promoting value addition to reduce raw material exports and expanding access to affordable long-term financing through institutions such as the Bank of Industry. Enoh added that the Nigeria First Policy was being implemented to encourage patr…
…shared infrastructure, regional value chains and common standards. “While the mantra of value addition has ushered in an era of economic independence for mineral-producing nations, we need concrete, actionable strategies to take charge and be in full control of our natural assets to ensure total economic freedom,” he s…
…building a new generation of modern farmers, processors, and agripreneurs who will drive value addition, market linkages, and innovation in our agricultural value chains,” Gital added. The commissioner said the committee would ensure transparency and accountability throughout the disbursement process by screening benef…
…the government’s economic agenda: “improving productivity through industrialisation and value addition; optimising public revenue through tax reforms and simplified compliance; and promoting inclusion through investments in education, vocational training, women, youths, persons living with disabilities, and small busin…
…finance for productive sectors, faster budget implementation and deeper domestic value addition. He also urged the government to prioritise efficiency-enhancing reforms rather than imposing additional tax burdens on businesses. Yusuf said although Nigeria now enjoys a much stronger macroeconomic platform than in recent…
…mineral governance, curb illicit exploitation of Africa’s mineral resources and maximise value addition for sustainable economic development. He appealed to traditional rulers, community leaders, youth groups and residents in mining communities to support the Federal Government’s efforts by refusing to harbour or shiel…
…restoring order by revoking more than 2,500 dormant mining titles; and driving local value addition. Highlighting the concrete outcomes of the reforms, she said, "The clearest proof sits in federation revenues. In 2023, this sector earned the Federation about ₦16 billion. In 2024, the figure rose to ₦38 billion. In 202…
…to build this continent. Do we continue to exploit and export raw materials without value addition? That answer is no. `We have solid mineral deposits such as lithium and others that can be used, and you, as the financial partner, should be able to come with investment guarantees for the production and value addition i…
By Yinka Kolawole Nigeria's manufacturers are increasingly embracing local sourcing and value addition as a survival strategy to reduce dependence on imported inputs amid rising production costs that continue to undermine their competitiveness within the domestic and regional markets. Industry operators, however, warn…
…its “Excel in Non-Oil Export” Forum in Lagos around the theme, “Reclaiming Sovereignty: Value Addition, Compliance, and the Future of Nigeria’s Non-Oil Export.” Co-convened with Sunbeth Global Concepts Limited, the forum gathered leading […]
…"Investments in infrastructure and industrial processing zones are needed to promote value addition." The group added that expanding exports of processed agricultural products and light manufacturing goods would help Nigeria maximise opportunities under the African Continental Free Trade Area (AfCFTA). More insights Be…
…strengthen the local economy, and improve the earnings of livestock farmers through value addition," he said. Radda also reiterated the state's commitment to working closely with the Federal Government, development partners, investors, and other stakeholders to modernise agricultural production, improve livestock manag…