कोशिश गोल्ड - मुक्त
Nigeria Eyes Industrial Takeoff via Mining, Autos
The Business NG
|The BusinessNG
In a strategic move to accelerate Nigeria's industrial revolution, the Director-General of the Nigeria-China Strategic Partnership (NCSP), Mr. Joseph Tegbe, met with the Honourable Minister of State for Industry, Trade, and Investment, Senator John Owan Enoh, to align on transformative priorities aimed at repositioning the nation's economy through the mining and automotive sectors.
-
The meeting, which held in Abuja, explored actionable strategies to unlock the full industrial potential of both sectors within the framework of President Bola Ahmed Tinubu's Renewed Hope Agenda with an overarching goal to shift Nigeria from an import-dependent economy to a productionand export-led industrial powerhouse.
While receiving the DG, Senator Enoh reaffirmed the Federal Government's renewed commitment to three priority sectors—Sugar, Cotton-Textile-Garment (CTG), and Automobiles—each backed by active industry councils to drive localized production, stimulate domestic demand, and boost Nigeria's global industrial competitiveness.
At the center of this shift is the Nigeria First Policy, a landmark presidential directive that mandates all Ministries, Departments, and Agencies (MDAs) to prioritize Nigerian-made goods and services in public procurement. This policy is already restructuring supply chains, catalyzing job creation, and reducing overreliance on imports across key sectors.
यह कहानी The Business NG के The BusinessNG संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
The Business NG से और कहानियाँ
The Business NG
Nigeria to Spend Nearly Half of 2026 Revenue on Debt Servicing
Nigeria's growing debt burden has come sharply into focus after President Bola Ahmed Tinubu revealed that the country will spend approximately $11.6 billion servicing debt obligations in 2026 —a figure estimated to consume nearly half of projected government revenue.
1 min
BusinessNg
The Business NG
Dangote Refinery Supplies 79% of Nigeria's Petrol as Fuel Imports Drop 37%
Dangote Petroleum Refinery strengthened its dominance in Nigeria's fuel market in April 2026 after accounting for about 79 percent of the country's petrol supply, according to new data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority.
1 min
BusinessNg
The Business NG
Nigeria Records 1.70 Million HIV Patients on Treatment as Benue Tops National Burden
Nigeria currently has 1.70 million people on antiretroviral treatment for HIV nationwide as of May 13, 2026, according to data from the National Data Repository compiled by TheCableIndex.
1 min
BusinessNg
The Business NG
FG Approves 40% Peculiar Allowance to Avert Nation-wide Civil Service Strike
The Federal Government has approved a 40 percent peculiar allowance for federal civil servants in a move aimed at preventing a looming nationwide strike across the public sector.
1 min
BusinessNg
The Business NG
Nigeria Has 168 Private Universities as South-West Emerges Highest
The South-West region has emerged as the zone with the highest number of National Universities Commission (NUC)-accredited private universities in Nigeria as of 2025.
1 min
BusinessNg
The Business NG
Nigeria's Oil Production hits 1.663 m Barrels Per Day in April
Nigeria's oil production recorded a significant rebound in April 2026, with the country achieving a combined daily average output of 1.663 million barrels per day (bpd) of crude oil and condensates.
1 min
BusinessNg
The Business NG
Nigeria Trails South Africa, Egypt in Latest African GDP Ranking
South Africa has maintained its position as Africa's largest economy in 2026 with an estimated Gross Domestic Product (GDP) of $479.96 billion, according to the latest economic projections.
1 min
BusinessNg
The Business NG
Nigeria Must Stop Depending on Borrowing for Development-Finance Minister
The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said Nigeria can no longer rely primarily on borrowing to finance national development.
1 min
BusinessNg
The Business NG
Lagos Residents to Face Higher Electricity Tariffs as State Government Rules Out Subsidies
Residents and businesses in Lagos may soon experience higher electricity tariffs after the Lagos State Government indicated it would not subsidise power costs for consumers.
1 min
BusinessNg
The Business NG
Transcorp Gets 'Blank Cheque' Mandate as Conglomerate Deepens Grip on Nigeria's Real Economy
A major development at the recent Annual General Meeting of Transnational Corporation Plc may have gone largely unnoticed, but analysts say it could signal the begin ning of an aggressive new expansion phase for one of Nigeria's most influential conglomerates.
1 min
BusinessNg
Listen
Translate
Change font size
