Australians To Train Nigerians On Modern Mining Technology, Practices – Minister
Minister of Solid Minerals, Oladele Alake,
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Africa has 5 mineral resources needed for clean energy, electric vehicles
A report by the United Nations Conference on Trade and Development (UNCTAD), titled ‘The Economic Development in Africa Report 2023,’ shows that Africa has an abundance of metals needed for electric vehicles and for clean energy.” Africa possesses vast reserves of critical minerals, including aluminum, cobalt, and copper, required for high-tech and green products like…
India’s Jindal Steel Plans $3bn investment in Nigeria
Jindal Steel and Power Limited, one of India’s foremost private steel producers, has made an investment commitment to invest $3 billion in iron – ore processing and steel development in Nigeria. India Steel firms already on the ground in Nigeria, includes African Steel Mills with operations in Lagos and Abuja; Quantum Steel Nigeria Limited; Saba…
Here are Top 6 Automobile Manufacturers in Africa
▪︎Innocent Chukwuma, Chairman of Innoson Vehicles Manufacturing Limited, Nigeria (BusinessDay.ng)Here are some of the auto companies in Africa that are bridging the capacity gap in the continent: 1.Innoson Motors Innoson Vehicle Manufacturing Co. Ltd (IVM) is owned by Innocent Chukwuma, a Nigerian entrepreneur. It was established in 1987 as a motorcycle manufacturing company but has…
Nigerian Industry Leaders At The G20 Summit In India
No fewer than fourteen industry leaders in the Nigerian Manufacturing sector are attending the 2023 G20 Summit with President Bola Tinubu in Delhi, India. A look at the roll-call shows that out of the 38 prominent businessmen and investors in the delegation,14 of them are industry leaders. In a statement, the Nigerian High Commissioner to…
2023 G20 Summit In India: President Tinubu Aims For FDI Drives
President Bola Tinubu has left Nigeria for the 2023 G20 Summit in New Delhi, India. During the Saturday September 9- 10 summit, world leaders will try to find solutions to some of the world’s pressing problems amid a deep geopolitical divide over the war in Ukraine that threatens any progress. There, President Tinubu aims to use the…
President Tinubu’s Seven-Point Agendas For Solid Minerals sector
The Minister of Solid Minerals, Mr. Dele Alake, has unfolded President Bola Tinubu’s seven-point agendas for the solid minerals sector. Alake, during an interactive session with Political Correspondents, today , in Abuja, said that he has the mandate of President Tinubu to ensure that the Solid Minerals sector accounts for at least 50 percent of…
Nigeria: Cement Industry Facing Threats of Policy Somersault As Price Climbs To N5,200/ Bag
A week ago, the Minister of Works, Senator David Umahi, stired the hornet’s nest in the cement industry when he announced that he would dialogue with cement manufacturers to reduce the prices of their products. Also fanning the issue was a social media post that accused Dangote Cement for selling cement in Nigeria at significantly…
Upcoming Expo For Local Buyers And Sellers of Newest Manufacturing Equipment
▪︎File photo from previous edition / MAN The Nigeria Manufacturing and Equipment Expo with the theme: Future of Manufacturing, will be held in partnership with the Nigeria Raw Materials Exhibition (NIRAM Expo) in November 2023, at the Federal Palace Hotel in Lagos. The Expo being the 7th edition in the series, is organised yearly by…
Tony Elumelu Calls For Task Force To Nuture Nigerian Entrepreneurs
▪︎Tony Elumelu ” We should create a joined-up government task force to champion at the highest level, our young and our entrepreneurs.” Tony O. Elumelu, Founder, The Tony Elumelu Foundation , stated this during the just ended Nigerian Bar Association (NBA)’s 63rd Annual General Conference, held in Abuja. In his reflections on the theme of…