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Tag Archives: Otunba Adeniyi Adebayo

NEPZA Gets FEC Approval to Build N35bn Power Station

The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, Wednesday announced that the Federal Executive Council (FEC) has approved N35 billion for the building of a power station by the Nigerian Export Processing Zone Authority (NEPZA), in Akamkpa, Cross River State. According to Adebayo the power station contract …

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Adebayo, Malami To Appear Before Reps Over AfCFTA

The House of Representatives has resolved to invite the Ministers of Justice, Abubakar Malami, Foreign Affairs, Geoffrey Onyeama as well as Industry, Trade and Investment, Otunba Adeniyi Adebayo to brief the House on the implications of the agreement establishing the African Continental Free Trade Area (AFCFTA). This was sequel to a …

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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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Market Access Under AfCFTA Not Automatic—Anatogu

The Nigeria’s Secretary of the National Action Committee on African Continental Free Trade Area (AfCFTA), Mr. Francis Anatogu has foreclosed possibility of some international trade malpractices that may stem from the operations of the CFTA, allying fears in some quarters that free trade is a potential threat to the economy. …

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