The federal government has approved the first-ever Nigeria investment policy (NInP) for implementation.
The minister disclosed that the review of the National Automotive Industry Development Plan (NAIDP) was nearly completed.
“Of this £5.5 billion, total UK exports to Nigeria amounted to £3.3 billion in the four quarters of 2022, while total UK imports from Nigeria amounted to £2.2 billion.”
“So far, the whole exercise has been peaceful and credible.. but there have been few problems here or there,” Adeniyi Adebayo said.
President Muhammadu Buhari has arrived in Madrid on a state visit at the invitation of Spain’s President Pedro Sanchez.
Mr Adebayo said that the Department of Weights and Measures remained covered by the law stipulating very stringent measures against offenders
Concession of the country’s two public free trade zones remains the federal government’s best economic approach to accelerate Nigeria’s industrialisation agenda.
The IR will henceforth regulate insolvency proceedings under CAMA, Mr Mahe said.
The federal government has granted 12,000 expatriate quota licences to foreigners seeking to work in Nigeria while treating 2,000 applications from companies.
Federal government has launched the first made-in-Nigeria cell phone as President Muhammadu Buhari was presented with the indigenous phone, known as ITF Mobile.
