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.”
“We are also the largest producer of cassava in the world,” he said. “Yes, currently, we import over 95 per cent of the starch we use.”
“So far, the whole exercise has been peaceful and credible.. but there have been few problems here or there,” Adeniyi Adebayo said.
Mr Adebayo said that the Department of Weights and Measures remained covered by the law stipulating very stringent measures against offenders
Until his appointment, Mr Abdulahmid was the Acting Head Charge d’ Affaires of Nigeria Trade Office to the WTO, Geneva, Switzerland.
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.
According to the DMO, the first offer is a two-year federal government savings bond due on May 12, 2023, with an interest rate of 7.753 per cent per annum.
At least 300,000 self-employed artisans will get a N30,000 loan in the scheme, and 100,000 MSMEs will receive N50,000.
