Industry
Reps task BoI on support to industries for local raw material sourcing
Worried by the huge foreign exchange spent on importation of raw materials, the House of Representatives Committee on Industry, has charged the Bank of Industry to support genuine industrial firms
Cautious optimism trails manufacturing investment prospects
The impact of the coronavirus, insecurity and governance issues may have significantly impacted manufacturing activities within the country, as investments in the sector dropped by 76.11 per cent in 2020
Cautious optimism trails manufacturing investment prospects
The impact of the coronavirus, insecurity and governance issues may have significantly impacted manufacturing activities within the country, as investments in the sector dropped… The post Cautious optimism trails manufacturing
FG to spend $1 billion on credit to small businesses
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, has said the 1 billion syndicated term loan secured by the Bank of Industry (BoI) will be used to provide
Right gas pricing regime to aid industrialisation, says SPDC
The Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of using the country’s proven gas… The post Right gas
Manufacturers to leverage $81m renewable energy fund to bridge gaps
With the country’s energy deficit estimated to range between 30GW and 175GW, even though a large percentage of the demand is from the industrial sector, local manufacturers… The post Manufacturers
Government disburses N1.13bn to 11,636 artisans, employees under survival scheme
The Federal Government has disbursed N1.13 billion to 11,636 individuals under the MSME survival fund/payroll support scheme in Akwa Ibom state. The post Government disburses N1.13bn to 11,636 artisans, employees
Manufacturers to leverage $81m renewable energy fund to bridge gaps
With the country’s energy deficit estimated to range between 30GW and 175GW, even though a large percentage of the demand is from the industrial sector, local manufacturers have been urged
Right gas pricing regime to aid industrialisation, says SPDC
The Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of using the country’s proven gas reserves to trigger economic
‘Infrastructure, forex undermining real sector interventions’
Improvement in local manufacturers’ confidence in the economy as well as sectoral recovery, remains challenged by parlous state of infrastructure and poor implementation The post ‘Infrastructure, forex undermining real sector
