“In order to continue our gains in local production and help boost non-oil exports, we are in the process of finalising the creation of a N500 billion fund with the Nigeria Export-Import Bank (NEXIM) to assist local manufacturers interested in non-oil exports.”
“The Zero Oil Plan aims at earning at least $30 billion from non-oil sources in the near to medium term as against the current earnings of about $5 billion.”
Oscarline Onwuemenyi 23 August 2017, Sweetcrude, Abuja – The Nigeria government has said that its recently-established N15 billion industrial reactivation fund…
The minister said the initiative was not only for the Niger Delta region but also “a litmus test for the viability of the initiative before it would be extended to other parts of the country.”
“There are some foreign mining investors that are using illegal miners to get minerals without paying taxes, mining fees, royalties and they escape to their countries with raw minerals,” Shehu added.
