The Latest News from Nigeria and Around the World
The presidency believes patronage of made-in-Nigeria products is key to strengthening the naira and wants citizens to buy goods produced in the country to make that happen.The Special Adviser on Media and Publicity to the President, Ajuri Ngelale, disclosed this in a press briefing with the State House Correspondents on Friday.
He said the President is doing everything he can to ensure that he steps in to ease the burden on families while also ensuring that he holds the public sector and the federal government of Nigeria accountable for prudent spending. One, His Excellency, President Bola Ahmed Tinubu wants to communicate very clearly to our people, that there has never been a more important time in our history to actively agree together. That we will patronize and purchase made in Nigeria products across all value chains across all sectors.
So all of us have to take up the mantle and agree that we will collaborate together to deal with these issues. We want to ensure that those industries and sectors that are massively employing our people are those industries that are prioritized with respect to government intervention, which is why the President has approved over B75 billion to be dispersed to 75 large scale manufacturers across all states of the Federation. These are going to be manufacturers who employ over 1,000 Nigerians in each of their facilities and industries.
For example, Nigerians are well aware that judicial officers in the country are going to finally have internationally competitive pay rates, salary skills, which is very important for us very strategic in the sense that we can dramatically reduce the impact that corruption has always played in the judiciary, which has an impact on not just the ability of Nigerians to you know, get effective justice in the country, but also to ensure that businesses who we are now asking around the world to...
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inscribe ‘made-in-Nigeria’ on all domestic goods — Reps tell companiesThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Read more »
FX crisis: Tinubu begs Nigerians to buy local goods, approves N75bn for manufacturersPresident Bola Tinubu has said the gradual appreciation of the Naira against the Dollar was due to a sustained effort to check forex volatility in the country. The President called on Nigerians to support the initiative by patronising locally produced goods to further strengthen the value of the Naira and reduce hardship in the country.
Read more »
Ex-UNN VC urges Nigerians to use made-in-Nigeria products, servicesFormer Vice Chancellor, University of Nigeria Nsukka (UNN), Prof. Benjamin Ozumba, has urged Nigerians and the three tiers of government to use Nigerian products and services.
Read more »
Mele Kyari: Final investment decision on Nigeria-Morocco gas pipeline to be made by DecemberNigeria's independent online newspaper
Read more »
NNPC CEO: Final Investment Decision on Nigeria-Morocco Gas Pipeline to be Made in December 2024Mele Kyari, the GCEO of NNPC, announced that the final investment decision on the Nigeria-Morocco gas pipeline project will be made in December 2024. He emphasized the need for a differentiated approach to energy transition in Africa due to geographical differences and energy availability. Kyari also highlighted the importance of ensuring energy security before transitioning to cleaner energy sources.
Read more »
EXCLUSIVE: Why British investor’s bid to buy PZ Cussons Nigeria fell apartPZ Cussons (Holdings) UK set out on 4 September 2023 to purchase other stockholders’ shares numbering 1.06 billion at N21 per unit.
Read more »