FG Raises Panel On N50bn Export Expansion Facility       The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, yesterday inaugurated a steering committee for the implementation of the Export Expansion Facility (EEF) to boost non-oil exports. Adebayo at the virtual inauguration of the committee, warned that...

2021 budget: Trade Minister Seeks N11.18bn For Industry         The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, on Thursday sought the approval of the Senate for the sum of N11.18bn for 2021. He said the ministry’s budget proposal comprised personnel cost of N3.02bn; overhead cost,...

Nigeria, Bangladesh Trade Rise To $144.75m       The Minister of industry, Trade and Investment, Otunba Adeniyi Adebayo has expressed delight that the two way trade between the People’s Republic of Bangladesh and Nigeria, is growing on a daily basis more so that it increased from $11.27...

Fed Govt To Unveil N65bn Stimulus Package For OPSN   The federal government is set to unveil a N65 billion stimulus package to support the Organised Private Sector in Nigeria (OPSN) in the bid to boost the economy and mitigate the effect of the COVID-19 pandemic. Minister...

Reps Summon Industry Minister, SON Over Six-year Unaudited Accounts     The House of Representatives has summoned the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, and the management of the Standards Organisation of Nigeria over failure by the SON to audit its accounts for six...

COVID-19: FG, MAN To Boost Consumables, Pharmaceuticals’ Production   Federal Government and the Manufacturers Association of Nigeria (MAN) have announced some strategies to scale up the production of consumables, pharmaceuticals, sanitary and hygiene products. The strategies were part of the outcome of a meeting held in Abuja,...