Connect with us






Nigeria imports N4,000,000,000 worth of diaper and sanitary kits yearly. In July 2015, Hayat invested $100.000.000 to build a factory; plus 14MW electricity. The facility has been completed, and work has begun to produce 1,300,000,000 units of diaper and 13,000 tons of tissue yearly.

Europe imports soybeans worth $14.2m from Nigeria, then go on to process it into oil and make thrice the money. In 2017, Alhaji Gerewa built a $50,000,000 processing plant in Kano, with a potential for export. Production has begun with 5,000 workers.

Glass and stones are some of the items Nigeria import for building. In 2017, the importing company, Rongsheng, decided to relocate their factory to Edo State by building a multi-billion naira facility for glass processing. Production has begun and jobs created.

In 2018, PMB was in Calabar to inaugurate this N3,000,000,000 rice seedling factory to boost Nigeria’s yields. Rice farmers already booked a N2,000,000,000 order, and Bayelsa/Abia/Delta States also bought theirs. India made $7,000,000,000 from rice and this factory has a potential of N14,000,000,000 revenue yearly.

Nigeria has a $3.7billion groundnut market as the 3rd biggest producers in the world. The Dantata family became billionaires from the sales to Europe. But Nigeria’s export was later banned, but today the UK has given new approvals with the first groundnut containers off to Europe again.

Africa spends billions importing medical kits from India. After Jubilees, another firm HMA Medical, has set up a new plant in Nigeria that produces 200,000,000 syringes, 350,000,000 needles, surgical (cotton wool, napkins and caps) materials. Nigeria can supply the continent’s demand with time. The plant is located in Ilorin.

Ikun Dairy Farm was established in 1980 with fattened cows on 1,000 hectares of land. Valued at N700,000,000 but left to rot away. The good news, however, is that last week, Anders Einarsson, MD, Promasidor signed a pact with Ekiti State Governor, Dr. Kayode Fayemi to develop and source milk for processing from the Farm. This is in response to FG’s directive that dairy producing companies must source for their milk locally. It is called Backward Integration Initiative. Promasidor are the makers of Cowbell, Miksi etc. Ikun Diary Farm is located in Ikun Ekiti, Moba LGA.

Nigeria has abundant gas deposit that gets wasted daily, yet spends billions importing cooking gas (LPG) from Argentina and Guinea. Federal Govt is completing the largest LPG plant in Edo.

Industrialization continues to pick up steam in Nigeria as Weewood Limited, completes its multibillion Plywood/HDF factory in Ondo. Federal Govt is ahead of schedule to inaugurate a 30MW Independent Power Plant that will supply stable electricity to the firm and others in Ore.

Banks in Nigeria spend billions importing bullion vans from Brazil. ProForce Nigeria is now reducing that import bill by manufacturing Bullion Vans for the CBN and major banks while operating out of their factory in Ogun state.

The Netherlands’ Minister for Foreign Trade and Development Cooperation, H.E. Mrs. Sigrid Kaag has affirmed that given the consistent result FrieslandCampina WAMCO has recorded in local milk sourcing, Nigeria has the right partner to stimulate growth in the industry.
The Minister witnessed the signing of the partnership extension agreement on the Dairy Development Programme between FrieslandCampina WAMCO Nigeria PLC, represented by Ben Langat, Managing Director, and International Fertilizer Development Center (IFDC) represented by President and CEO, Albin Hubscher. The aim of the agreement is to sustainably transform and lead the local dairy sector in Nigeria by supporting the transition of local dairy farming into modern dairy farming and developing key structures required for a sustainable value chain.

Nigeria and China have signed a deal to start manufacturing transformers in a N4,000,000,000 facility in Kogi. About 60 Nigerian engineers are being sent to China now to learn in their factories how transformers are made.

Abia State shoe markets has gotten international backing. The German Corporation Agency has announced plans to develop and link 5,000 Aba shoe businesses to international brands in Europe. Nigeria has 20,000,000 cattle producing leather for the multibillion Aba-shoes firms.

Nigeria has massive deposits of salt in Keana, Nassarawa that can meet domestic demand and still be exported yet salt mainly from Brazil dominates Nigeria’s import at $700,000,000 annually. PW Mining Group are now in Nasarawa to turn that salt into wealth through mining and processing.

Seplat is changing that with a $700.000.000 investment into a gas processing plant.

Federal Govt has supported the project in Imo state with $200.000.000.

Kofo Akinkugbe. She is the founder & CEO of SecureID Nigaria limited. She’s a market leader in smart card technology and digital security. SecureID is a world-class manufacturing facility produce approximately 200,000,000 smart cards per year. And they export to other African nations.

A decade ago, Nigeria was importing 100% of aluminium cans for soft/hard drinks at a cost. GZI built a manufacturing plant to produce them locally. And in 2016, Nigeria has started exporting to South Africa, Cote de Voire, Republic of Benin. Production has hit 1,200,000,000 cans annually, with export in mind.

The Nigeria Armed Forces import their uniforms from Turkey and Pakistan. This has helped developed the textile industry of those countries at our expense. Federal Govt gave a directive to stop imports of military clothing, and The Air Force has taken steps for local production.

Chinese investors, led by Prof. Zhao Zhihai were in Nigeria yesterday to announce an Agro-processing investment that will replace US farmers with Nigerian Agro exporters. China is investing $16bn-$25bn into building processing facilities in Nigeria.

My people, slow and steady, they say, win the race.
Ono orogun

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *






Domestic violence is a violence or other abuse in a marriage.
Domestic violence could involve any body but I’m looking at it in a family setting between a man and his wife.

Domestic violence includes

  • Physical, verbal, emotional, economic, religion reproductive and sexual abuse.

Many people are going through a lot in marriages today, some Christan homes inclusive. This has caused a lot of harms in homes, churches and the society at large. So many women have lost their lives in the process,men inclusive but women are mostly at the receiving end. And they endure mostly even to the point of loosing their lives. This they do because of:

  1. The love they have for their spouse
  2. Because of their children
  3. What the society will say about them
  4. Because of their faith and religion.

Please when beating and sexual molestation becomes the case in your home, there’s need for separation.

Now in as much as the Bible frowns at divorce, I don’t think it’ll be reasonable for one to remain in an abusive marriage where his/her life is a stake. The same children you think about will still be maltreated, neglected and will be forced to face horrible situations the moment you are gone. The same society you are thinking of what they will say will still blame you for not speaking out on time. Your making heaven is even very slim because I don’t think your heart is clean in that condition. Your bad thoughts, unforgiveness and bitterness is enough to send you to hell. And instead of you to commit murder, I think you should separate if that’s the only option left.

Many women are going through alot. When a domestic violence involves life threatening abuses, there’s need for you to seek for help.

Many women have died in this process. Pls being born again doesn’t mean your brain should be suspended. Yes divorce is a sin but you shouldn’t die either because you are married. You are being asked to keep praying often times, yes but you could do that also while away. Many women are dying silently. Women please speak out in such conditions, don’t keep quiet. Make sure the problem is not from you. Make sure you are not the cause of it.

I have seen a woman beating blue black by her husband. Not once not twice. Infact the man always use cane,belt etc on her. And she’s asked to keep praying. What if she die one day? What if she couldn’t take it any longer and tries to defend herself and kill her partner in the process, what will be her lot?

Women should take the necessary steps the moment they see that things are getting out of hand.

Try to see how you could save the situation by involving your spiritual leaders, your both families,the people your partner respects so much and if there’s no changes please take a break while you pray and take the necessary steps to save your marriage.

Pls note that your being away is for the mean time. Even while away you are to remain and keep your body. It’s not a time to go about messing up. If you do that you are commenting sin. You are to maintain sexual purity. Even when your partner is doing otherwise. The only time remarriage is possible is when one partner is dead. See Romans 7:2,1cor.7:39.

Neighbors should as well look out for their fellow women/men. Please speak out for them. Some of them are in a tight corner and can’t help themselves.

Stay tuned for the next post on this same topic!

Say no to domestic violence.

What’s your take on this? Share your opinion.
Will you allow your daughter, sister, brother,son go through domestic violence?
What will you have them do;the abused?

By Chika Helen Nwabueze’

Continue Reading






By Oladimeji Ramon

A group, the Federal Social Democrats, says the credibility and integrity of the Lagos State Governor, Mr Babajide Sanwo-Olu, have been diminished by the alleged shooting of #EndSARS protesters by soldiers at the Lekki tollgate on the night of October 20.

According to the group, the Lekki incident has eroded the admiration that Sanwo-Olu won with his handling of the COVID-19 pandemic.

The group, in statement on Sunday signed on its behalf by Olutola Mobolurin, also condemned the harassment of #EndSARS protest leaders through the freezing of their bank accounts and stopping them from travelling outside the country.

The FSD’s statement was titled, ‘Statement by the Federal Social Democrats On the #EndSARS Movement and Violence in the Wake of Lekki Shootings.’

The group said, “Governor Sanwo-Olu, who before now has been credited with responsible and energetic response to the COVID-19 pandemic, has by this one act lost his credibility and integrity for many. He has a big task in regaining the confidence of the public and youths; his credibility gap surrounding what happened at the Lekki Toll Plaza is not helped by the insensitive bluster of Asiwaju Bola Ahmed Tinubu at the governor’s residence stating that those who were injured and presumably those who died had questions to answer.”

Though the group condemned the destruction of public assets and looting that trailed the shootings at the Lekki tollgate, it said the mayhem pointed to the alienation of a large number of youths from society by government.

It said, “The so-called hoodlums are the youths that have been denied any stake in society by the self-dealing and state capture that have characterised governance over the last 30 years. Millions of our youths have been uneducated, unemployable and with no meaningful social safety net. Even for the millions who are educated and skilled, long-term unemployment has been their experience in the Nigerian prebendal political economy that serves primarily the interests of public office holders and their cronies.

“Some of the ‘hoodlums’ responsible for the trashing of Lagos are the youths and ‘the toughies’ that many politicians have over the years employed to subvert the democratic process through intimidation of voters and perpetration of violence during elections.”

The group said the organisers of the #EndSARS protests deserved commendation for the resourcefulness, transparency and accountability which they demonstrated.

The group condemned “the growing reports of compilation of names of the assumed leaders and facilitators of the protests for government reprisals.”

It said, “Those that are being targeted are reportedly being prevented from travelling outside Nigeria while accounts of some have been frozen. This is hardly the hallmark of a democratic government that is interested in dialoguing with the youths or learning positive lessons from the #EndSARS protests. It is also a violation of the spirit of government’s acceptance of the 5 for 5 agenda. The President should stop all these acts of witch-hunt.”

The FSD solicited support for the Lagos State Government to rebuild and replace the vandalised public assets.

  • PunchNg

Continue Reading






• Nigeria’s Ngozi Okonjo-Iweala had been expected to be confirmed as leader on Monday

By Richard Partington

The race to find a new leader of the World Trade Organization has been thrown into renewed uncertainty after the cancellation of a key appointment meeting following the US presidential election.

The Geneva-based WTO, which acts as an international arbiter for trading disputes, said it had put off a meeting scheduled for Monday that had been called to appoint Nigeria’s Ngozi Okonjo-Iweala as its next director general.

Donald Trump’s administration opposed her selection in one of its final acts before the US election, despite the former Nigerian finance minister securing the overwhelming backing of the WTO’s 164 members.

The special meeting of the trade body’s general council had been convened to take a formal decision on the appointment. Officials had been set to put forward Dr Okonjo-Iweala as the candidate most likely to attract a majority, after most countries expressed a preference for her over South Korea’s Yoo Myung-hee.

Okonjo-Iweala had moved a step closer to becoming the first woman and the first African to be director of the global trade watchdog after securing backing from the EU, China, Japan and Australia. Liam Fox, the leading Brexiter and former international trade secretary, had run as the UK government’s preferred candidate but failed to win enough support from other countries to reach the last two in the process.

Trade experts said Joe Biden defeating Trump in last week’s election may have led to countries calling for a delay in the WTO leadership race, with the aim of securing the Biden White House’s backing for Okonjo-Iweala after he takes charge in January.

The delay in selecting a new WTO director general comes at a fragile moment for the world economy amid the second wave of Covid-19, and after years of criticism of the WTO and calls for reform from Trump.

The WTO said the meeting would be postponed until further notice, during which time the organisation would continue undertaking consultations with delegations from countries around the world to pick a new leader.

It said in a statement: “For reasons including the health situation and current events, delegations will not be in a position to take a formal decision on 9 November.”

  • TheGuardian

Ngozi Okonjo-Iweala

Continue Reading


Copyright © 2020 YouNeedToKnow. Developed by Dexcodes.