Nigeria’s economic existence will be ensured, according to the Nigerian Export Promotion Council (NEPC). This was said by Dr. Ezra Yakusak, Executive Director/CEO of NEPC, during a news conference announcing the NEPC Export Week, which will take place from November 21 to November 26. Yakusak emphasised that Nigerians must support non-oil exports since they are Read More…
A pan-African corporation, Dangote Industries Ltd. has committed to deepening commercial, industrial, and economic activities to support Nigeria’s economy. On Tuesday in Lagos, Mr. Anthony Chiejina, the Group Chief Branding and Communication Officer of Dangote Industries Ltd., said this. According to Chiejina, the company’s sponsorship of the 2022 Lagos International Trade Fair (LITF), which will Read More…
With the aim of encouraging international partnerships, the Nigerian Institute of Leather Science and Technology (NILEST), Zaria, has expanded its lobbying campaign on the national leather policy to the Portuguese leather industry. On Monday in Abuja, Director-General of the Institute, Prof. Mohammad Yakubu, stated to the news media that the advocacy trip was made to Read More…
First Bank of Nigeria (PLC), according to Mrs. Oluwatoyin Aina, Head of Energy, Downstream, and International Oil Trading, has supported a number of energy-related projects and will continue to do so. On Wednesday, Aina made this statement during the Oil Trading and Logistics (OTL), Africa Downstream Week that was taking place in Lagos. She said Read More…
According to Vice President Yemi Osinbajo, the agricultural value chain rather than the extractive industry is where Nigeria finds its wealth. This opinion was expressed by Osinbajo on Friday in Abuja during the inauguration of the Olam Agri initiative Seeds for Future Foundation and Education Grant. Leading agricultural company Olam Agri concentrates on fast-growing consumer Read More…
Some financial experts have told the federal government that increasing the country’s oil production to the OPEC quota is the only way to keep the budget stable and reduce the projected budget deficit. On Wednesday in Lagos, they made the appeal in separate interviews with the News Agency of Nigeria (NAN). Prof. Sherifdean Tella, Head, Read More…
Lagos State Governor, Babajide Sanwo-Olu, said on Wednesday that Lagos will start a 30-year plan to improve the city between 2022 and 2052. The concept was presented by Sanwo-Olu at the Victoria Island closing ceremony of the 9th edition of the Ehingbeti Lagos Economic Summit. The Lagos State Wealth Fund (LSWF) bill as well as Read More…
The House of Representatives passed the 2023 appropriation bill for second reading despite opposition from members about the nation’s high debt level and ongoing fuel subsidy payments. The two problems, according to the House, are the main causes that are harming the country’s economy. The breakdown of the budget was read to the House at Read More…
The governor of Lagos State, Babajide Sanwo-Olu, says that there is a plan to make Lagos the model megacity for all of Africa by 2052. At the 9th Ehingbeti Lagos Economic Summit, which took place on Victoria Island on Tuesday, Sanwo-Olu revealed this. He said that the government had put in a lot of work Read More…
A 30-year development plan will be unveiled by the Lagos State Government for the Lagos population expected to hit 40 million by 2050 at this year’s Ehingbeti Summit. Gov. Babajide Sanwo-Olu disclosed this at a Private-Public Partnership pre-Ehingbeti stakeholders’ engagement in Lagos on Tuesday. Sanwo-Olu, represented by the Deputy Governor, Lagos, Mr Obafemi Hamzat, said Read More…
