Nigeria targets $10bn steel market with investment push
The Federal Government has intensified efforts to reposition Nigeria as a continental industrial hub, with the Minister of Steel Development, Shuaibu Audu, declaring in Germany that the country is ready to move beyond raw material exports and is seeking credible, long-term investors to unlock its $10bn annual steel market. Speaking at the Nigeria–German Economic Forum […]
Kogi Secures Licence for Ajaokuta Free Trade Zone
The long-awaited revival of Nigeria’s industrial ambitions around the Ajaokuta axis gained fresh momentum on Thursday as Kogi State secured the licence for the newly approved Ajaokuta Economic City Free Trade Zone, in what stakeholders described as a major step towards unlocking the country’s dormant steel and solid minerals potential. Governor Usman Ododo, who received […]
Dangote Urges Public-Private Partnership for Industrialisati
The Executive Director of Commercial Operations, Dangote Group, Fatima Aliko-Dangote, on Thursday, disclosed that the company remains committed to exploring partnerships to drive industrialisation, cut down on imports, create shared prosperity, and grow the economy. Aliko-Dangote, represented by the Regional Sales Director, Lagos, Tunde Mabogunje, disclosed this while speaking during Dangote Day at the ongoing […]
Why African Resources Processing is Key to Growth
Founder and Executive Chairman of BUA Group, Abdul Samad Rabiu, has called for a decisive shift in Africa’s development strategy, urging governments, financiers, and the private sector to move the continent from raw material extraction to large-scale industrial processing and value addition. Rabiu made the remarks as Special Guest of Honour at an Africa Finance […]
Nigeria Economic Zones Drive $500m Exports & 20,000 Jobs
The Federal Government has stated that Nigeria’s Special Economic Zones generated over $500m in export revenues and created more than 20,000 direct jobs in 2025. The SEZs contributed to the country’s efforts to drive export-led growth, industrialise and provide employment. An official document reviewing the activities and accomplishments of the Federal Ministry of Industry, Trade […]