Ololade Omosan-Agie The Oil and Gas Free Trade Zones Authority has attracted the sum of $16.6bn foreign direct investment into the economy within a 20 year period covering 2001 and 2020. During the same period, the Authority also attracted the sum of N255.33bn local investments into the country. Also, between …
Read More »Mushroom Growers, Processors and Marketers Association Pushes For Fair Share Of Global Market.
Ololade Omosan-Agie The National Mushroom Growers, Processors and Marketers Association Of Nigeria is poised to take a fair share of the world mushroom market for the Country. Chief Michael Awunor, President Of the Association gave this indication when he led the Local Organizing Committee for 2021 Mushroom Week to the …
Read More »CCB May Get Access To CAC Database To Probe Fraudulent Companies
Ebuka Daniel The Federal Government’s fight against Corruption on Friday received a major boost as the Corporate Affairs Commission (CAC) has commenced moves to grant the Code of Conduct Bureau (CCB) access to its database. This will enable the CCB to carry out seamless investigations of Companies suspected to be …
Read More »AfDB To Provide $520m For Special Agro-industrial Processing Zones Programme
Ebuka Daniel Nigeria’s federal and state governments have expressed support for an initiative to create Special Agro-industrial Processing Zones (SAPZ). The public-private partnership project is aimed at developing priority value chains through developing infrastructure in rural areas. It is also focused on finishing and transforming raw materials and commodities. The …
Read More »NEPZA, NIPC To Deliver Three Special Economic Zones Next Year
Oluwasina Phillip The Managing Director of the Nigerian Export Processing Zone Authority, Adesoji Adesugba has said that his agency plans to partner with the Nigeria Investment Promotion Commission to establish three new special economic zones in 2022. The MD who spoke at a meeting with the Executive Secretary of NIPC, …
Read More »MSME Survival Fund Scheme: FG Disburses Over N56 Billion To 1 million Beneficiaries
Ololade Omosan-Agie The Federal Government says it has so far disbursed the sum of N56,842,780,000.00 to 1,079,323 beneficiaries across the 36 States across the country. The Minister of State, Industry, Trade and Investment, Amb. Mariam Yalwaji Katagum made the revelation Tuesday in Abuja, while flagging off the Guaranteed Off-Take Scheme, …
Read More »150,000 SMEs Got N400bn Loan From DBN–Okpanachi
Ololade Omosan-Agie The Chief Executive Officer of the Development Bank of Nigeria Plc, Tony Okpanachi, has revealed that the bank has disbursed N400bn to Small and Medium Enterprises in Nigeria in the last four years. The CEO of the state owned development bank revealed this on Tuesday during the virtual …
Read More »Nigeria’s Economy Getting Stronger, Says Minister
Oluwasina Phillip Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo on Tuesday declared that the nation’s economy was coming back strongly with foreign investors making a commitment to invest in the country. Speaking at the Nigerian Association of chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) diplomatic luncheon in …
Read More »Adebayo Assures Investors Of Govt Support
Ololade Omosan-Agie Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo has assured investors of the willingness of the federal government to support their investment to ensure they get returns. Speaking while welcoming a team of investors from Axxess Group led by Mr John Olajide to his office, Adebayo said …
Read More »Ahmed, Trade Ministry Deputy Director Becomes NIM Fellow
Ebuka Daniel The Deputy Director, Commodities and Export Department in the Ministry of Industry, Trade and Investment, Mr. Umar Goni Iya Ahmed has become a fellow of the Nigeria Institute of Management. Ahmed was born in Kaduna on 16th October, 1962 to the family of Late Mallam Iya Ahmed. His …
Read More »