Browsing Tag
Manufacturing
30 posts
Concerns mount over CBN exit from manufacturing credit support
The CBN's decision to stop direct funding for manufacturers has sparked alarms over a widening credit gap and potential decline in industrial production during a difficult economic period.
The Economic Ripple Effects of President Tinubu’s Health Sector Overhaul
Beyond improving medical care, President Tinubu's health sector reforms are building a productive economy through increased manufacturing, skilled job creation, and substantial long-term investment.
House of Representatives Push for National Drone Industrialization Policy to Bolster Defense and Security
Lawmakers are pushing for a federal policy to boost indigenous drone production, aiming to enhance military capabilities and security through government funding, technology transfers, and legislative reforms.
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.