Nigeria Targets $1.5bn GDP Boost from Halal Market President Bola Tinubu has launched Nigeria’s National Halal Economy Strategy, a policy designed to position the country within the $7.7 trillion global halal market and accelerate economic diversification. The initiative, unveiled at the Presidential Villa in Abuja by...

Dangote Hints of N1,000/litre Petrol as Coastal Logistics Costs Soar   Dangote Petroleum Refinery has warned that continued reliance on coastal delivery of petroleum products could push petrol prices close to N1,000 per litre in Nigeria. The company stressed that its preferred gantry loading remains the most...

FG Adjusts Agricultural Plan as Produce Hits N2.31trn   The Federal Government commenced a comprehensive review of the National Agricultural Growth Scheme and Agro Pocket Project after recording 2,536,184 metric tonnes of produce valued at N2,312,746,400,000.00 over four farming seasons. Speaking at the workshop on the implementation...

Why We Shut Down the Refineries — Ojulari   The Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Company (NNPC Ltd), Engineer Bayo Ojulari, has given reasons why the operations of the government-owned refineries were stopped. Nigeria has four refineries two in Port Harcourt and...

FG vows to Stop States’ Interference in LGs’ Finances The Federal Government has reiterated its resolve to end the long-standing interference by state governments in funds allocated to the 774 local government areas from the Federation Account. The pledge was made on Thursday in Abuja by...

Raw Material Exports Won’t Save Nigeria - Adedeji Nigeria must urgently transition from an economy dependent on raw material exports to one driven by ideas, innovation, and the production of complex goods if it hopes to achieve sustainable growth and long-term prosperity, the Chairman of...