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Don Urges Nigeria’s Steel Industries’ Revival

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L-R: Co-ordinator, Manufacturers Power Development Company (Mpdc), Mr Owoh  Mba-Sam, Chairman Mpdc, Mr Ibrahim Usman, Director, Mr John Aluya and Director, Mpdc, Alhaji Ali Madugu, at the Manufacturers Power Development Company Stakeholders  Forum  in Lagos on Tuesday

L-R: Co-ordinator, Manufacturers Power Development Company (Mpdc), Mr Owoh Mba-Sam, Chairman Mpdc, Mr Ibrahim Usman, Director, Mr John Aluya and Director, Mpdc, Alhaji Ali Madugu, at the Manufacturers Power Development Company Stakeholders Forum in Lagos on Tuesday

The President of Nigerian
Metallurgical Society, Prof. Benjamin Adewuyi, has advised the Federal government to revitalise the Nigeria steel companies as a matter of urgency.
Adewuyi told reporters  in Abuja on Tuesday that Federal Government should fulfill its promise on the development of metal sector as Nigeria had been left behind in steel production”, he said.
“Only the nations that produce iron control the world and Nigeria has been left behind for too long; there can be no meaningful and sustainable economic growth without steel production.
He continued,“We, the metallurgical stakeholders are waiting for government to revive the Nigeria’s steel industry, especially the completion of the Ajaokuta Steel Company,’’ he said.
He said that the N9 billion naira allocated to the Ministry of Solid Minerals Development was grossly inadequate to revive the Ajaokuta Steel Company and also address challenges in the mining sector.
He called, “Stakeholders in the metallurgical sector are optimistic that Ajaokuta Steel will be revived by this current administration because a lot of money was invested on the project in the past.
“Currently, many people are showing interest to revive the sector; we want people that know about Ajaokuta Integrated Steel Company, not just people that will handle it with selfish motive.
“The information gathered by the metallurgical society is that some foreign companies are showing interest to revive Ajaokuta,’’ he said.
Alhaji Sanusi Mohammed, a member of the society, also said that the 2016 budget did not provide any capital allocation for the entire steel sector.
Sanusi, the Secretary General, African Iron and Steel Association, urged President Muhammadu Buhari to present supplementary budget within the year to rectify the anomaly.

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USTR Criticises Nigeria’s Import Ban On Agriculture, Others

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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.

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Expert Seeks Cooperative-Driven Investments In Agriculture 

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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.

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NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers

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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.

King Onunwor

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