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Tag Archives: FMITI

FMITI “Strategic Blueprint” to Propel Economic Prosperity,Digitalised Trade Space

The Federal Ministry of Industry,Trade and Investment is engaging stakeholders to develop a “strategic blueprint” to align with the “Renewed Hope” agenda of the Tinubu Administration and propel the nation towards greater economic prosperity. Dr. Doris Uzoka-Anite, the Minister for industry, trade and investment announced the start of work on …

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FG APPROVES 1ST NIGERIA INVESTMENT POLICY (NInP)
– ROLLS OUT NEW NATIONAL AUTOMOTIVE DEVT PLAN

The Federal government has approved for implementation the first ever Nigeria investment policy (NInP), while adopting a new National Automotive Industry Development Plan (NADIP) that would span through 2023-2033. Government acknowledged that Nigeria Investment Policy would give investors more comfort and attract more investment into the economy. Both the national …

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FG lauds WTO for building capacities in SPS and TBT

The Federal Government has lauded the efforts of the World Trade Organization for organizing training programs aimed at enhancing participants’ capacity in the application of agreements on Sanitary and Phytosanitary (SPS) Measures and the Technical Barriers to Trade (TBT). Speaking at the opening ceremony of a three-day WTO National workshop …

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Nigerian Halal Industry will meet Internationally -accepted standards,SON assures

The Standards Organisation of Nigeria has reiterated its commitment to continually drive initiatives that promote the development of Halal products standards.The Director General of SON, Mallam Farouk Salim, in a statement, said this would be done in line with internationally-accepted Standards for both domestic and foreign consumers.Salim said this at …

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Budget 2021: N51bn Earmarks for Capitals in FMITI

The Nigeria’s Federal Ministry of Industry, Trade and Investment is allocated N51 billion fo capital projects in the 2021 fiscal year, President Muhammadu Buhari on Thursday told a joint session of the National Assembly in Abuja. Other key capital spending allocations in the 2021 Budget include Power: N198 billion (inclusive …

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Appointment: Adesugba Heads Nigeria Export Processing Zones Authority

President Muhammadu Buhari has approved the appointment of Prof. Adesoji Adesugba(picture) as the new Managing Director of the Nigeria Export Processing Zones Authority (NEPZA). The approval was contained in a letter dated June 26, 2020 and addressed to the Minister of Trade and Investment, Adeniyi Adebayo, whose Ministry supervises the …

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