Stakeholders Push for Boost in Local Oil Output Amid Global Turmoil
There is renewed demand from stakeholders to ramp up domestic production capacity, as rising global oil prices triggered by the Middle East conflict, mounting public debt, and increased government spending have intensified pressure on...
'Agric Sector Surplus Hits N668bn, Yet Hunger Persists'
Agricultural stakeholders reckon that the threat of hunger persists in Nigeria despite recording a N668.34bn agricultural surplus and have called for improved food processing and support for local farmers.
The value of agricultural exports surpassed imports by N668.34bn...
'Tinubu’s Reforms Bold, But Brought Pains on Citizens, Businesses'
The Lagos Chamber of Commerce and Industry (LCCI) yesterday said President Bola Tinubu’s administration in the last two years has been characterised by bold macroeconomic reforms and significant policy shifts.
The LCCI, however, said the measures have...
Agro-Processing Sector Needs $538m Annual Investment - LCCI
The Lagos Chamber of Commerce and Industry’s Agricultural and Allied Group has projected that increasing nationwide agro-processing capacity would require a continuous investment of $538m yearly for at least a decade.
In separate phone interviews, agriculture stakeholders urged...
Petrol Export Holds Key to Reducing Inflation, Says LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has advised the Federal Government to increase domestic crude oil refining and petrol export. This strategy is expected to help the government achieve its goal of reducing inflation...
