Browsing Tag
Industry
3 posts
Nigeria records two months of economic growth despite industrial sector slowdown
Nigeria's economic activity grew for a second month in July 2026, driven by gains in agriculture and services, despite a slight contraction in the industrial sector.
Federal Government Pursues Revival of Ajaokuta Steel and Textile Facilities
Minister of State for Industry, Senator John Enoh, confirmed that the federal government is negotiating with investors to reactivate defunct textile factories and the Ajaokuta Steel Company to drive economic growth toward a one-trillion-dollar goal.
Vice President Shettima Advocates for African Resource Sovereignty
Vice President Kashim Shettima says Africa must maximize its natural wealth by processing raw materials locally to boost economic value and global trade influence.