He said that while Nigeria remains the world’s largest cassava producer, with an annual output of 60 million metric tonnes, this has yet to translate into economic prosperity.
Mr Akutah described the Sealink Project as a strategic intervention capable of transforming Nigeria’s maritime and coastal shipping sector.
The currency, however, opened the week on a positive note, trading at N1,369.10 on Monday, June 22.
Mr Odii said the revolving loan would be disbursed through cooperatives, trade unions, business member organisations and associations.
It is expected to benefit indigenous women and mining host communities, who are often excluded from the benefits generated by the industry’s activities.
“In July 2024, President Bola Tinubu signed into law a minimum wage of N70,000, with more than double the N30,000 that workers had endured for years,” said Mr Gbajabiamila.
The director-general of the Mining Cadastre Office, Obadiah Nkom, has urged mining companies to secure a social licence to operate from host communities.
The Nigeria Social Insurance Trust Fund and South Africa’s Rand Mutual Assurance have signed a memorandum of understanding to strengthen cooperation.
Aero Alliance Limited will now undertake the financing, rehabilitation, expansion, operation, and management of the airport.
