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FG Considers Special FX Window For Manufacturers

FG Considers Special FX Window For Manufacturers   The Federal Government has said it will begin steps towards creating a separate and special foreign exchange window for exporting manufacturers. The Minister of Trade and Investment, Niyi Adebayo, dropped the hint during the Manufacturers Association of Nigeria Export...

FG Plans $350m Savings, Targets 100,000 Jobs in Sugar Production

FG Plans $350m Savings, Targets 100,000 Jobs in Sugar Production The Federal Government says it has approved Phase II of its 10-year National Sugar Masterplan with the goals of creating 110,000 new jobs and saving $350m yearly. The Minister of Industry, Trade and Investment, Niyi Adebayo,...

FG Approves N33.81bn For Lie Detectors, Roads in Ministries

FG Approves N33.81bn For Lie Detectors, Roads in Ministries The Federal Government has approved N33.81bn of various contracts for projects in the Ministries of Works and Housing; Industry, Trade and Investments, and Justice in Abuja. Among these are N1.07bn for the procurement of eye-scanning lie detectors...

FEC: N3.4bn Approved For Infrastructure At Lekki Economic Zone

FEC: N3.4bn Approved For Infrastructure At Lekki Economic Zone The Federal Executive Council (FEC) has approved the sum of N3.4 billion to provide infrastructure in one of the country's special economic zones. This was disclosed by the Minister of Industry, Trade and Investment, Niyi Adebayo, while...

FG Extends Validity Of Operators’ Licences In Free Trade Zones To Five Years

FG Extends Validity Of Operators’ Licences In Free Trade Zones To Five Years March 11, (THEWILL) – The Federal Government has announced a five-year extension for the validity of operators’ licences in free trade zones across the country. The Minister of Industry, Trade and Investment, Niyi...

Fed Govt Pledges Increased Forex Sale To Manufacturers

Fed Govt Pledges Increased Forex Sale To Manufacturers   The Federal Government through the Minister of Industry, Trade and Investment, Niyi Adebayo, has assured manufacturers of its support to enable them to get good returns on their investments. The minister, who gave the assurance while playing host...