FG Plans Raw Export Ban to Strengthen Local Economy
The Federal Government pins economic hopes on a new law banning raw material exports, aiming to create jobs and value. Experts warn a weak STI ecosystem could derail the plan. Read more.
The Federal Government pins economic hopes on a new law banning raw material exports, aiming to create jobs and value. Experts warn a weak STI ecosystem could derail the plan. Read more.
Kogi cashew stakeholders warn a proposed ban on raw nut exports could collapse farms, cause massive unemployment, and cripple the agro-export sector. They urge government investment instead.
Minister Udeh says the RMRDC 30% Value-Addition Bill will boost Nigeria's economy, attract investors, and create jobs by mandating local processing of raw materials. Read more.
The Federal Government will stop the export of unprocessed minerals. A new bill requiring 30% local processing awaits President Tinubu's assent to boost jobs and the economy.
EU industry chief Stephane Sejourne declares Europe must break dependence on China's rare earths, calling export controls a 'racket'. New strategy coming December 3.
Germany's Finance Minister Lars Klingbeil obtained China's commitment for reliable rare earth supplies during his Beijing visit. This breakthrough addresses critical supply chain concerns for German manufacturers.
International Trade Centre reveals Nigeria's $3.9 billion untapped export opportunities in cocoa, cashew, coffee. Discover how Nigeria can boost forex earnings.
Federal Government warns ponmo consumption threatens Nigeria's $2.79bn leather industry growth. Campaign launched to prioritize industrial use of cow hides.
Popular Nigerian rapper Vector throws shade at industry politics while defending authentic talent. Discover why he believes raw skill trumps packaged acts in the music industry.
Nigeria takes historic step toward economic transformation as lawmakers mandate minimum 30% local value addition before raw material exports, aiming to boost industrialization and create jobs.