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FG Loses $325m Annually To Smuggled Textiles

FG Loses $325m Annually To Smuggled Textiles The Federal Government is losing about $325m revenue annually to the smuggling of garments into the country. The Minister of State for Industry, Trade and Investment, Aisha Abubakar, gave the figure on Thursday in Abuja during the opening session...

Financial Inclusion: FG reiterates commitment to MFBs

Financial Inclusion: FG reiterates commitment to MFBs The Federal Government on Friday expressed its commitment towards enhancing the effectiveness of Micro Finance Banks (MFBs) in the country as part of efforts to strengthen financial inclusion. President Muhammadu Buhari represented by the Minister of State for Trade...

Provide Warranty for Products, CPC Tells Dealers, Manufacturers

The Consumer Protection Council has urged Nigerian manufacturers and product marketers to always provide warranty on their products. The council gave this charge during a stakeholders’ meeting on enforcement of warranties and guarantees on products and services. while addressing key industry operators in automobile, electrical/electronics, heavy...

Nigeria lost 145 textile firms to economic downturn

The Federal Government has said that a total of 145 textile companies had shut down operations between 1980 and now due to harsh economic climate. The Minister of State for Industry, Trade and Investment, Aisha Abubakar, stated this during a meeting with members of the Cotton,...

Aisha Abubakar: Passion for Economic Diversification

Aisha Abubakar was born into the family of the renowned Nigerian and elder statesman Alhaji Abubakar Alhaji of the royal family of the Sokoto Caliphate, on the 20th of July, 1966.   In 1978, she was admitted on national merit to the prestigious Queen College, Yaba,...