As part of efforts to boost the economy, the Federal Government of Nigeria has announced that foreign missions will from now on be involved in the sales of products and services produced in the country. This is aimed at improving the export of local products, increase revenue, create jobs, and assist in diversifying the economy.
The FG through the Ministry of Industry, Trade and Investment is collaborating with the country’s foreign missions abroad in achieving this goal. According to the Minister of Industry, Trade and Investment, Okechukwu Enelamah (photo), an order had been given to these missions to make sure that visas are processed within 48 hours, so as to attract investors to the country.
The official added that the Trade Facilitation Agreement (TFA) recently signed by Nigeria in Davos, Switzerland will help in improving the export of local products, the Guardian reports.
Anita Fatunji
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Ethiopia rolling out nationwide EV charging network, EEU says First phase includes 40 stations, mainly in Addis Ababa Plan supports rapid EV growth,...
Angola issues $185 million bonds to recapitalize TAAG Move aims prepare airline for partial privatization, attract investors Restructuring...
PETROCI raises 200 billion CFA francs to fund Baleine project Financing supports Phase 2 expansion, prepares launch of Phase 3 Project boosts...
Senegal launches solar-plus-storage projects to boost grid stability Diass project adds first battery system, backed by KfW, AFD Linguère...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...