Dr. Yemi Kale, Afreximbank’s Group Chief Economist & MD, Research, emphasised that if Africa merely doubles its R&D spending to 1% of GDP by 2030, we could unlock an estimated $60–70 billion annually in additional value across agriculture, digital technology, and manufacturing.
The situation escalated when MRS Oil, owned by Dangote’s cousin Sayyu Dantata, began recruiting drivers for the CNG trucks and required them to sign agreements prohibiting union membership.
The departure of Laurent Freixe follows an investigation into an undisclosed romantic relationship with a direct subordinate which breached Nestle’s code of business conduct
Both leaders, Aliko Dangote and Dr. Brook Taye, emphasised the project’s importance in transforming Ethiopia’s agricultural sector and promoting self-sufficiency.
During the panel session “Accessing Funding Opportunities for Sustainable Manufacturing,” Ayooluwa Oladimeji, Chief Product and Strategy Officer, emphasised the need for SME operators to form peer partnerships to enhance their funding prospects.
Minister Enoh spoke at the West Africa Industrialisation, Manufacturing & Trade Summit & Exhibition 2025 press conference on Wednesday.
Nigeria’s manufacturing value per person is just $216, compared to $645 in South Africa and $524 in Egypt.
The multi-billion-naira complex in Matori, Mushin, now renamed Senator Oluremi Tinubu Industrial Leather Hub, is designed to reposition Nigeria’s leather industry from a fragmented, informal sector into a formalised, export-ready value chain
The association noted that in the West African sub-region, comparable economies such as Ghana, Côte d’Ivoire, and Senegal have maintained targeted inspection or collection fees within the 0.5% to 1% FOB range, imposing higher levies only on luxury or non-essential imports.
The manufacturers emphasized that it has become a matter of national interest for the project’s contractor to ensure strict adherence to the Executive Orders 003, 005 and the imperatives of the President Bola Ahmed Tinubu’s Nigeria First Policy.
