Tag: #ValueAddition
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AFRICAN ENERGY BANK TO RAISE $15BN FOR CONTINENTAL OIL & GAS BY 2030
Africa aims to fuel its energy future while creating half a million jobs! The African Energy Bank (AEB) is set to mobilize $15 billion by 2030 to finance oil and gas projects across Africa, creating over 500,000 direct jobs in the midstream sector, the Association of Petroleum Producers’ Organisation (APPO) has announced. APPO Secretary-General Farid…
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NO GOLD REFINERY SAGA: FG CLARIFIES LAGOS CONTROVERSY
Amid rising claims and counterclaims, the Federal Government has moved to set the record straight over reports of a federally owned gold refinery in Lagos. The Ministry of Solid Minerals Development on Sunday dismissed allegations by the Northern Elders Forum (NEF) that the government violated the federal character principle by siting a gold refinery in…
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MAN SUPPORTS 15% IMPORT TARIFF ON PETROL AND DIESEL TO BOOST LOCAL INDUSTRY AND ENERGY SECURITY
The Manufacturers Association of Nigeria (MAN) has expressed strong support for the recently approved 15% import tariff on petrol and diesel, viewing it as a patriotic policy aligned with the Nigeria-First agenda. MAN Director-General Segun Ajayi-Kadir said the tariff will strengthen local content, promote value addition, and boost refinery capacity. Ajayi-Kadir highlighted that the tariff…
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NIGERIA URGED TO BUILD A RESILIENT AND INCLUSIVE SHEA INDUSTRY TO BOOST ECONOMY
Nnanyelugo Ike-Muonso, Director-General of the Raw Materials Research and Development Council (RMRDC), stressed the urgent need for Nigeria to develop a competitive and inclusive Shea industry to strengthen the national economy. Speaking at an investors’ forum in Ibadan, he highlighted the potential of the Shea sector to create jobs, empower women, generate significant export revenue,…
