By Emmanuel Afonne The Federal Ministry of Innovation, Science and Technology has signed a landmark Memorandum of Agreement (MoA) with Shanghai Haiqi Industrial Company Ltd. China, to establish Nigeria’s first local insulin production facility. The agreement marks a significant step towards addressing the country’s insulin production needs and reducing relianceContinue Reading
By Naomi Sharang The Imo Government is to collaborate with ANOH Gas Processing Company Limited (AGPC) to boost the production of gas in the state. Gov. Hope Uzodimma, made this known in Abuja after a meeting with the Managing Director of the company, Effiong Okon and his team in Abuja.Continue Reading
By Aderonke Ojediran The Lagos State Government has urged Nigerians to embrace locally made products to boost Small and Medium Enterprises (SMEs) and strengthen the national economy. Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folasade Ambrose, made the appeal on Monday during the 16th National CouncilContinue Reading
By Sumaila Ogbaje, News Agency of Nigeria (NAN) Nigeria’s defence sector is undergoing a significant transformation. The country is shifting its focus from reliance on foreign defence equipment to developing its local defence production capabilities. This revolution is not only strengthening Nigeria’s national security but also contributing to theContinue Reading
By Emmanuella Anokam The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC countries have reaffirmed commitments to monitor production adjustment aimed at maintaining stability in the global oil market. The OPEC made this known in the resolution of its 58th Meeting of the Joint Ministerial Monitoring Committee (JMMC) which wasContinue Reading
By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the 2025 budget is predicated on 2.062 million barrels crude oil production at 75 dollars per barrel. Nigeria’s current production is averaging 1.7 million barrels leaving a deficit of about 350,000 barrels to be bridged. Mr Gbenga Komolafe, CommissionContinue Reading
By Sumaila Ogbaje, News Agency of Nigeria (NAN) Local players are indeed making an impact in Nigeria’s defence production. The Defence Industries Corporation of Nigeria (DICON) is a key player in this sector, and it has been working to increase its local manufacturing and production capabilities. In fact, the NigerianContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.), has introduced the Production Monitoring Command Centre (PMCC) as a transformative step in hydrocarbon operations to boost production. The initiative, driven by NNPC Upstream Investment Management Services (NUIMS), builds on the success of the Command and Control Centre toContinue Reading
By Eric James Ochigbo Some stakeholders in the agricultural sector have called for the Federal Government’s support for agroecology to enhance production of healthier food and to ensure environmental sustainability in Nigeria. The stakeholders made the call on Thursday in Abuja, at the second regional workshop on agroecology organised byContinue Reading
