Tag: #ValueAddition
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ANAMBRA FARMERS TURN CASSAVA, RICE INTO VALUE-ADDED PRODUCTS
Farmers in Anambra State are increasingly turning cassava, rice and other agricultural produce into value-added products, creating opportunities for higher income and job creation under the Federal Government/International Fund for Agricultural Development Value Chain Development Programme (FGN/IFAD-VCDP). The Anambra Programme Coordinator, Dr Deborah Onyefulu, made this known on Wednesday, September 23, at a two-day Interactive…
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UNGA81: TINUBU CALLS FOR AFRICAN ALLIANCE TO END RAW MINERAL EXPLOITATION
President Bola Tinubu has called for stronger continental cooperation to end the exploitation of Africa’s critical mineral resources and ensure the continent benefits more from its mineral wealth. Represented by Vice-President Kashim Shettima, Tinubu made the call at the third Africa Minerals Strategy Group (AMSG) High-Level Roundtable on Critical Minerals Development in Africa, held on…
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NIGERIA, AUSTRALIAN UNIVERSITY DEEPEN MINING SKILLS PARTNERSHIP
Nigeria and Murdoch University in Western Australia have agreed to deepen knowledge transfer and professional capacity building in the country’s solid minerals sector through an expanded mining training programme. The partnership between the Federal Ministry of Solid Minerals Development and the university has already trained two cohorts of 11 Nigerian officials each since its launch…
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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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AFAN CALLS FOR REVIVAL OF NIGERI’S COCOA SECTOR TO BOOST ECONOMY
AFAN has called for urgent efforts to revive Nigeria’s cocoa sector and restore its contribution to the country’s economy. Speaking in Lagos, the association said cocoa was once one of Nigeria’s leading cash crops but has lost its former prominence despite strong global demand. AFAN urged government support for farmers and renewed investment in cocoa…
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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,…