Business
FG Recommits To Industrial Sector Dev

The Federal Government has restated its commitment to fully implementing workable policies and programmes to provide required skills and competencies for the development of the industrial sector.
The Minister of Industry, Trade and Investment, Dr Okechukwu Enelama re-affirmed government’s commitment at the just conduced 23rd Nigeria Economic Summit in Abuja.
Enelama ,who was one of the discussants on the topic; “Skills, Competences and Capacity That The Industries Need to Move Forward’’, said government was also ready to solve the issues of unemployment through the development of right skills and competencies.
“I agree with you, government is ready to solve the issues of unemployment and improve the productivity of the people, this problem is too important to just talk about it, government is ready.
“If we are not ready, you must insist that we are ready, we don’t actually have a choice, we have a responsibility to the people.’’
He said that real challenge was the issue of partnership with the relevant organisations required to help bridge the skills gap in the industrial sector.
“I think the real challenge is the challenge of partnership, its the challenge of collaboration, it is the challenge of putting together in a way that we get result, is the challenge of humility to some degree.
“Because, even if we consider an idea, let us get on with it and see if it works, because I am totally ready to try all ideas that are productive and progressive because the problem we are dealing with is extremely important to solve.’’
He said that government was focusing on creating the enabling environment for businesses to thrive, adding that there was the need to fight corruption.
“One of the major things to stop is corruption, because it is what makes the economy not work, and the other thing is to create stability, which is the whole key for business to thrive and for our people to do well.
“We have taken that view as a ministry to focus on creating enabling environment, and the government has prioritised that by creating an executive order for business to thrive.
“That is our number one priority, while we have launched it, we are challenging the Ministries, Departments and Agencies (MDAs) and the private sector to enable it work.’’
The minister said that government had also launched an industrial council designed to ensure that MDAs and the private sector work together to deal with the most stubborn problems hindering industrial growth in the country.
He said that members of the industrial council were also working on how best to develop infrastructure and policies for skills development.
Other mandate of the council according to him was to also evolve workable measures of deepening internal and external trade and finance.
Mr Rotimi Balogun of the General Electric said it was absolutely necessary to develop technical, vocational and critical thinking skills to solve complex problem in the country.
“If we are graduating engineers, the kind of skills they come out with is quite different from the skills needed in the future.
”The kind of skills they need is digital skills that will make them get employment to companies like General Electric.
”In terms of entrepreneurial skills, It is important that we create the type of skills that will ensure a local supply chain in the industrial sector.
He said it was very necessary to also have standardised curriculum in our educational sector.
“It is important to also teach people not just how you can use money to start business, but you can teach business through stimulation, virtual process, how you can train people through online platforms to make sure that you improve their entrepreneurial skills.’’
The Chief Executive Officer of Siemens Nigeria, Mrs Onyeche Tifase said it was necessary to collaborate with other technological driven nations to develop the right skills required for industrialisation.
“What is key is collaboration, how the British and the Chinese got to where they are, it is through collaboration.
”The bold skill everyone has to have is digital awareness, irrespective of your profession and it is important all government agencies become digitised.
“”If you are engaging with a private counterpart and he is already digitised and you are not, it is very difficult to collaborate.’’
She said that Siemens had begun training for school children to equip them with skills required for technological advancement.
”The training entailed teaching the children how to create solution from very simple tools and devices to create answers for technology across health care environment and power sectors.
”So you see, where a small child is creating a turbine from a very simple battery and understanding how mechanical energy works., this is what we want to see roll over the country.
”Beyond secondary level, we are also looking at vocational training programmes that have to do with heory and practical and that are how we can cause reduction in unemployment.
”For us to create more of those skills, we need to have industries that will absolve these skills, so that the trainees can innovate and replicate the skills.
”We have a training centre where we are training about 14,000 graduates every year and the programme runs for three and half years.
”The training involves the skills of the future, like coding, digitisation, machine to machine learning and the students they have projects where they have built their own device,’’ she said.
She advised government at all levels to develop infrastructure more and industrialise to encourage the inflow of skills development into country.
Business
USTR Criticises Nigeria’s Import Ban On Agriculture, Others
The United States Trade Representative (USTR) has criticised Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters.
This is the effect of President Donald Trump’s tariffs introduction on goods entering the United States, with Nigeria facing a 14 per cent duty.
The USTR highlighted the impact of Nigeria’s import ban on various sectors, particularly agriculture, pharmaceuticals, beverages, and consumer goods.
The restrictions affect items such as beef, pork, poultry, fruit juices, medicaments, and alcoholic beverages, which the United States sees as significant barriers to trade.
The agency argues that these limitations reduce export opportunities for United States businesses and lead to lost revenue.
“Nigeria’s import ban on 25 different product categories impacts United States exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods.
“Restrictions on items like beef, pork, poultry, fruit juices, medicaments, and spirits limit United States market access and reduce export opportunities.
“These policies create significant trade barriers that lead to lost revenue for United States businesses looking to expand in the Nigerian market”, the agency said .
In 2016, Nigeria implemented the ban on these 25 items as part of efforts to control imports and stimulate local production.
Some of the banned items include poultry, pork, refined vegetable oil, sugar, cocoa products, spaghetti, beer, and certain medicines.
On March 26, 2025, the Federal Government also announced plans to halt solar panel imports to encourage local manufacturing as part of its push for clean energy.
Business
Expert Seeks Cooperative-Driven Investments In Agriculture
A leading agribusiness strategist and digital agriculture expert, Ayo Oluwa Okediji, has sought cooperative-driven investments in sustaining growth of poultry industry in Nigeria.
He said the poultry industry was at a defining moment and requires urgent structural reforms to secure its future and ensure long-term sustainability.
Speaking on the theme, “Strengthening Poultry Farming Through Cooperative Synergy and Strategic Investments”, at the recently concluded Oyo Mega Poultry Workshop 2025 in Ibadan, Okediji called on poultry farmers, cooperative leaders, financial institutions and policy makers to rethink the existing structure of the poultry sector.
He stressed the need to transition from fragmented, individually-driven operations to well-structured, cooperative-led enterprises capable of attracting sustainable financing and securing long-term viability.
He said, “Our poultry sector cannot thrive on individual effort alone. We need to organise ourselves into cooperative clusters, build strong governance systems and position ourselves to attract the level of investment needed to sustain this industry beyond this generation.”
Drawing on lessons from successful global cooperative models such as Rabobank in the Netherlands and Landus Cooperative in the United States, Okediji introduced the FarmClusters Poultry Model, a locally adapted solution developed by Agribusiness Dynamics Technology Limited (AgDyna), a subsidiary of AgroInfoTech Africa.
According to him, the model is currently being piloted in Oyo State in partnership with PANOY Agribusiness Limited and local poultry cooperatives.
Business
NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers
The Rivers State Representative of the Nigeria Chambers of Commerce, Mines, Industries and Agriculture (NACCIMA), Mr. Erasmus Chukwundah, has urged palm oil farmers to consider hybrid seedlings for planting, if they must break even in palm oil business.
Chukwundah said this recently at the Free Oil Palm Business Climate Smart Best Management Practice/Assistance Training organized by Partnership Initiative In Niger Delta (PIND) for Palm Oil Farmers in Elele, Ikwerre Local Government Area.
The Rivers representative said until palm oil farmers begin to consider such hybrid oil palm seedlings, they may not meet up with the daily increasing demand of palm oil in the market.
According to him, the seedlings produce up to 30 bunches at once that ripen same time.
He said PIND decided to partner with Oil Palm Growers Association of Nigeria (OPGAN) to ensure that the message was received by the targeted audience.
According to him, palm oil remained a popular choice of industry operators as it could be converted to many other products such as vegetable cooking oil.
He also noted that products such as motor tyers, marine ropes and others are now gotten from the palm tree.
Chukwundah, who is the immediate past Director-General of Port Harcourt Chamber of Commerce, Mines, Industries, and Agriculture (PHCCIMA), further warned against use of unrecommended fertilisers in growing oil palms.
He noted that such practices could limit its export value or chances as the foreign marketers have a way of detecting such .
He reiterated the need for organic fertilizers, including poultry droppings, to enable them have a natural palm oil.
“People must reduce physical contact with palm oil production. That is why we are campaigning for hydrolic oil mills. The foreign markets are no longer interested in crude method of palm oil production”, he said.
Meanwhile, one of the farmers, Sonny Didia, who appreciated Chukwundah’s commitment towards the concern of farmers, appealed for an urgent need for loan opportunity with low interest rate in order to enable them beat the target.
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