Browsing Tag
Manufacturing
17 posts
Atiku Urges Federal Government to Reject Import-Dependent Policies in Favor of Industrialization
Atiku Abubakar calls for an urgent shift toward domestic production and industrialization, criticizing current government policies for relying on imports and fueling economic decline.
Atiku Criticizes Tinubu Economic Strategy, Citing Import Reliance as Job-Killer
Atiku Abubakar has blamed the current economic distress in Nigeria on an over-reliance on imports and taxes, advocating for a shift toward local manufacturing and domestic food production.
AERE warns that falling manufacturing tax revenue indicates industrial decline
AERE Chairman Dele Oye warns that a 31 percent drop in manufacturing tax revenue reveals a struggling industrial sector, calling for urgent government and central bank policy reforms.
NACCIMA Partners with Chinese Firms to Drive Nigerian Manufacturing Growth
NACCIMA has partnered with Linyi Wholesalers Federation and TTC Hydra Limited to increase Chinese manufacturing investment and trade cooperation in Nigeria.
Debate emerges over CBN ending direct funding for manufacturers
Industry experts are debating the impact of the Central Bank of Nigeria's withdrawal from direct manufacturing funding, with some calling for alternative support and others backing the move to refocus the bank's mandate.
Victor Eburajolo: Championing Industry Against Nigeria’s Forced Decline
A profile of industrial expert Victor Eburajolo, detailing his career, his failed efforts to prevent the decline of the Nigerian textile industry, and his resistance against corruption within the Nigerian Social Insurance Trust Fund.
Jingye Group plans legal action over UK government’s seizure of British Steel
Jingye Group has vowed to pursue legal compensation after the UK government took full ownership of the Scunthorpe steelworks to prevent its closure.
Government takeover of British Steel aims to secure future stability
Local residents and former employees in Scunthorpe view the government's nationalization of British Steel as a crucial measure to protect jobs and maintain essential national manufacturing capabilities.
Nigeria Industrial Policy 2025: Prioritizing MSMEs for National Growth
The Nigeria Industrial Policy 2025 identifies MSMEs as the core of industrial development, promising financial support, procurement advantages, and infrastructure to drive local manufacturing.
Nigerian factories sacrifice margins to move N2 trillion in stock
Facing stagnant demand and high operating costs, Nigerian manufacturers are selling goods below production costs to clear N2 trillion in excess inventory.