Tag: #EconomicDevelopment
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NDDC MOBILISES CONTRACTORS TO RECONSTRUCT FAILED 15.4KM BENIN-SAPELE ROAD
The Niger Delta Development Commission (NDDC) has mobilised two contractors to reconstruct a 15.4-kilometre failed section of the Benin-Sapele Expressway in Delta State, following complaints over the deplorable condition of the major highway. Chairman of the NDDC Governing Board, Chiedu Ebie, said during the flag-off at Amukpe Roundabout on Friday that the intervention followed a…
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OBOREVWORI ASSURES FARMERS, INVESTORS OF GOVERNMENT SUPPORT
Delta State Governor, Sheriff Oborevwori, has reaffirmed his administration’s commitment to supporting farmers and private investors through infrastructure and other incentives to promote economic growth. Oborevwori gave the assurance during visits to Tatcha Farms in Okuloho, Amity Global Farms and Manroy Livestock Farms in Okpe and Uvwie Local Government Areas. He said government support would…
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NSDC TARGETS SUGAR SELF-SUFFICIENCY WITH $1BN INVESTMENT, N10BN FUND
The National Sugar Development Council (NSDC) is targeting sugar self-sufficiency in Nigeria through a proposed $1 billion investment partnership and a 10 billion naira Sugar Project Acceleration Fund. The NSDC Executive Secretary, Kamar Bakrin, said Nigeria currently consumes about 1.8 million tonnes of sugar annually, with roughly $1 billion spent on imports. He said the…
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KOGI MOVES TO ESTABLISH CASHEW PROCESSING PLANT
The Kogi State Government has begun plans to establish a cashew processing plant to promote value addition, attract investment and increase the crop’s contribution to the state’s economy. The Commissioner for Agriculture, Mr Timothy Ojoma, disclosed this in Lokoja while receiving executives of the National Cashew Association of Nigeria (NCAN), Kogi Chapter. He said discussions…
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NIGERIA, EU DEEPEN PARTNERSHIP ON SECURITY, TRADE, INVESTMENT
Nigeria and the European Union (EU) have reaffirmed their commitment to strengthening bilateral ties, with renewed focus on security, trade, investment, renewable energy and sustainable development. The commitment was made during a meeting in Abuja between the Minister of Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, and the EU Ambassador to Nigeria and ECOWAS, Gautier Mignot. Both…
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FIRST LADY DONATES ₦2BN TO BOOST AKWETE WEAVING INDUSTRY IN ABIA
The First Lady, Senator Oluremi Tinubu, has donated ₦2 billion to the Abia State Government to support the development of the renowned Akwete weaving industry, a centuries-old handwoven textile tradition indigenous to Akwete community in Ukwa East Local Government Area. Speaking during a visit to Aba, the First Lady said the fund would help develop…
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JACK-RICH, ERIC TRUMP PUSH FOR SRONGER U.S.-NIGERIA PARTNERSHIP TO DRIVE AFRICA’S GROWTH
A stronger partnership between Nigeria and the United States could unlock new opportunities for economic growth, industrialisation and job creation across Africa, according to business leader Tein Jack-Rich. Speaking at the Celebrate America 250 event in Washington, D.C., the President of Belemaoil Group said Nigeria’s abundant natural resources, youthful population and strategic importance position it…
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CHINA UPGRADES ‘GREEN CHANNEL’ TO BOOST AFRICAN AGRICULTURAL EXPORTS
China has upgraded its “Green Channel” policy to accelerate the clearance of African agricultural exports and improve access to one of the world’s largest consumer markets. The initiative is designed to help African exporters overcome challenges associated with transporting fresh produce over long distances. Chinese officials say the upgraded process will reduce customs delays, protect…
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JIGAWA COURTS INVESTORS, SHOWCASE OPPORTUNITIES IN AGRICULTURE, ENERGY AND MANUFACTURING AT J-INVEST 2026
Jigawa State is intensifying efforts to attract new investments and drive economic growth, with Governor Umar Namadi calling for stronger partnerships at the Second Jigawa State Economic and Investment Summit, J-INVEST 2026, held in Dutse. Speaking at the summit, Namadi said the event was designed to move beyond discussions and create practical investment opportunities. He…
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ILLEGAL MINING FINANCING BANDITRY, INSECURITY IN NIGERIA, EXPERTS WARN
Defence and security experts have raised concerns over the growing link between illegal mining and insecurity in parts of Nigeria, warning that criminal groups are increasingly using proceeds from mineral resources to fund violent activities. Speaking in separate interviews, the experts said intelligence reports from states such as Zamfara, Niger and Kaduna indicate that minerals…
