Sanwo-Olu emphasised that Lagos remains one of the continent’s most strategic economic hubs, with a population exceeding 25 million and a gross domestic product steadily approaching the $300 billion mark.
Adeleke was in Switzerland as part of Nigeria’s delegation to the conference when he reportedly became ill and was later taken for medical attention. He subsequently passed away.
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Among the aromatic plants identified for development were lemongrass, basil, mint, citronella, clove and cinnamon, all of which have significant commercial value and wide-ranging applications in the food, pharmaceutical, cosmetics, perfumery and herbal medicine industries.
Nigeria possesses significant deposits of critical minerals required for semiconductor manufacturing, including silicon, quartz, columbite, lithium, and rare earth elements, which provide the country with a strong foundation for developing a local semiconductor industry.
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Speaking on the development, Vice President of oil and gas at Dangote Industries Limited, Devakumar Edwin, said the refinery plans to expand its processing capacity to 1.4 million bpd within the next 30 months
A major highlight of the summit’s was the inauguration of the Finance Taskforce for Plastic Action in Nigeria, established to mobilise investment and accelerate financing for plastics circularity, recycling infrastructure and sustainable waste management across the country.
TCN operates through 10 regional offices, 31 sub-regions and 10 work centres across the country, reflecting the scale of Nigeria’s transmission infrastructure.
A total of 31 MDAs had already gone live on the platform and 21 more agencies are to be captured next, as the government is working assiduously to achieve 100 percent financial probity before the end of the year.
