Shell attributes rising gas output to pricing reforms
Shell Nigeria Gas has attributed the growth in domestic gas production and investment to reforms that introduced clearer pricing frameworks and reduced policy uncertainty in the sector. The company stated this at the second business forum of the Association of Local Distributors of Gas held in Abuja, where industry stakeholders discussed ways to improve access […]
ACCI Urges Manufacturers to Exploit China Trade Access
The President of the Abuja Chamber of Commerce and Industry, Emeka Obegolu, has described China’s zero-tariff policy for African countries as a major economic opportunity capable of strengthening Nigeria’s export sector, supporting industrialisation, and deepening trade relations between Africa and China. Reacting to the policy announced by the Chinese government in a statement on Wednesday, […]
Dangote Niger partnership to boost industrialisation & rice
Dangote Industries Limited is partnering with the Niger State Government to accelerate industrialisation, attract investment, and expand economic opportunities in the state. According to a statement by the Group Chief Branding and Communication Officer, Anthony Chiejina, the company is collaborating with the state government on several economic initiatives. The statement stated that apart from sponsoring […]
Nigeria not structurally ready for industrialisation
Nigeria has yet to meet the structural conditions required to sustain large-scale industrialisation, despite signs of progress, according to the 2025 RED Index of Industrial Development in Africa released by the Business Council for Africa. In a statement by the Business Council for Africa, obtained by The PUNCH on Wednesday, it was disclosed that only […]
Dangote Refinery expansion to create 95,000 skilled jobs
The President of the Dangote Group, Aliko Dangote, has announced that the expansion of the Dangote Refinery to a production capacity of 1.4 million barrels per day will generate employment for no fewer than 95,000 skilled workers at the peak of construction. According to a statement by the firm, Dangote disclosed this at the weekend […]
MAN Rejects Petrol Import Proposal, Cites Economic Harm
The Manufacturers Association of Nigeria has urged the Federal Government to reject policy recommendations suggesting the reinstatement of petrol import licences, describing the proposal as flawed and harmful to Nigeria’s industrialisation drive. The position follows the now-retracted recommendation by the World Bank in its April 2026 Nigeria Development Update. In a statement on Friday, Director-General […]
SEDC Targets $200bn South-East Economy in Ten Years
The South East Development Commission has unveiled an ambitious economic blueprint aimed at expanding the South-East economy from an estimated $40bn to about $200bn within the next decade. The Managing Director and Chief Executive Officer of the commission, Mark Okoye, disclosed this on Thursday while presenting the commission’s 2026 budget proposal before the House of […]