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FG Records Over US$50 Billion In Facilitated Foreign Direct Investment (FDI) Commitments, US$6.1 Billion in Non-Oil Exports. ‎

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FG has reaffirmed its commitment to accelerating Nigeria's industrialisation, enhancing trade competitiveness and attracting sustainable investments as the Executive Session of the 17th National Council on Industry, Trade and Investment (NCITI) commenced in Enugu State on Wednesday, 22 July 2026. ‎‎Speaking at the opening of the Council, the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, announced that Nigeria has recorded over US$50 billion in facilitated foreign direct investment (FDI) commitments, US$6.1 billion in non-oil exports, more than ₦600 billion in Bank of Industry financing, over 500,000 Micro, Small and Medium Enterprises (MSMEs) captured in the national database, and nearly 300,000 Nigerians supported through skills development programmes.  She described these milestones as clear evidence of the impact of the Renewed Hope Agenda and Nigeria's steady progress towards building a US$1 trillion economy. ‎Dr. Oduwole stated that the Ministry remains f...

FG Seeks Stronger Coordination as Australia Explores Livestock Research Partnership

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The Federal Government has called for stronger collaboration between development partners and government institutions to ensure that research interventions in Nigeria's livestock sector are fully aligned with national priorities and deliver measurable impact. Speaking to a delegation from the Australian Centre for International Agricultural Research (ACIAR) on Thursday 23rd July, 2026, the Permanent Secretary, Federal Ministry of Livestock Development, Dr. Chinyere Ijeoma Akujobi, called the visit timely, noting that meaningful engagement must begin with government to facilitate coordination, stakeholder mapping and alignment with existing national policies and programmes. "It is important that organisations seeking to support the livestock sector come through the Ministry. Our responsibility is not to micromanage projects but to ensure proper coordination, avoid duplication of efforts and guide partners towards areas where their interventions will have the greatest impact,...

FG Endorses Agrifood Strategy, Urges Livestock Priority.

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FG has called for the livestock sector to occupy a central place in the implementation of Nigeria's Draft Agrifood System Strategy and Action Plan (2026–2035), describing it as a strategic driver of economic growth, food and nutrition security, employment generation and rural prosperity. The Minister of Livestock Development, Idi Mukhtar Maiha, made the call on Thursday 23rd July, 2026, at the High-Level Briefing on the Draft Nigeria Strategy and Action Plan for the implementation of the Comprehensive Africa Agriculture Development Programme (CAADP) Kampala Declaration (2026–2035), held in Abuja. The Strategy, developed by the Federal Ministry of Agriculture and Food Security, is Nigeria's proposed 10-year roadmap for transforming the country's agrifood system in line with the African Union's Kampala Declaration and President Bola Ahmed Tinubu's Renewed Hope Agenda. Commending the initiative, Mukhtar stressed that livestock development should no longer be viewed mer...

Mustapha Abdullahi Empowers Young Nigerians Through Maiden Energy Leadership Fellowship

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  The Director-General and Chief Executive Officer of the Energy Commission of Nigeria (ECN), Dr. Mustapha Abdullahi, has empowered more than 80 young Nigerians through the maiden edition of the Mustapha Abdullahi Energy Leadership Fellowship (MAELF) 2026, a week-long leadership and capacity-building programme designed to equip participants with leadership skills, mentorship, professional networks and startup support for Nigeria's energy sector and broader national development. The week-long residential fellowship, initiated and fully sponsored by Dr. Abdullahi through the DAM Foundation in partnership with the APC National Youth Wing, brought together carefully selected young Nigerians from across the country for an intensive programme focused on leadership, energy policy, entrepreneurship, innovation, governance and sustainable development. The fellows arrived in Abuja on Sunday and commenced activities on Monday, participating in six days of lectures, policy dialogues, mentorshi...

NUPRC Holds Nigeria 2025 Commercial Bid Conference Today

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As Race for 50 Oil and Gas Blocks Begins The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has invited qualified companies to the highly anticipated commercial Bid Conference slated for today, July 21, 2026. In a Press Statement signed by Eniola Akinkuotu, Head, Media and Corporate Communications of NUPRC, he stated that, "The companies which scaled through the transparent and rigorous process have been notified and are expected to physically attend the Commercial Bid Conference taking place at the Conference Center, Transcorp Hilton Hotel, Abuja. According to the statement, "On offer are 50 oil and gas blocks across diverse terrains. The Niger Delta Onshore (16), Niger Delta Shallow Water (18), Niger Delta Deep Offshore (1), Benin Basin Onshore (3), Anambra Basin Onshore (4), Chad Basin Onshore (4) and Benue Trough (4). "In line with the guidelines, the elements of bid parameters include: the signature bonus, the work programme commitment and commitment to p...

Nigeria Meets 104% Of OPEC Quota As Production Soars

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Crude oil production rises to 74-month high Nigeria’s crude oil and condensate production soared to an average of 1,735,398 barrels per day in the month of June 2026, representing positive growth for a 4th consecutive month. In the month under review, crude oil production hit 1.56mbpd while 0.18mbpd of condensates was produced. This means Nigeria met 104% of the 1.5mbpd crude oil production quota set by the Organisation and Petroleum Exporting Countries (OPEC). In strict crude oil terms (excluding condensates), the 1.56 million daily average production Nigeria witnessed in June is the highest that Africa’s biggest oil producer has recorded since April 2020, thus representing a 74-month high. In June, the peak combined crude oil and condensate production was 1.89mbpd, reflecting Nigeria’s potential to reach 2mbpd in the near term. However, the lowest production was 1.57mbpd for the period in review. The statistics shows that Nigeria has maintained an upward trajectory, increasing from 1...

Dr Mustapha Abdullahi: Policy Driver, Advocate, Voice For Hydrogen Energy And Nigeria’s Renewable Energy Transition.

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It is not in doubt that Dr. Mustapha Abdullahi, the Director General of Energy Commission is the voice for hydrogen energy and Nigeria’s renewable energy transition. Beyond Solar and Wind: ECN DG Champions Hydrogen Energy as Nigeria’s Next Renewable Frontier As the global energy landscape continues to shift towards cleaner and more sustainable alternatives, Nigeria is beginning to position itself for a future where renewable energy sources play a more dominant role in powering economic growth and industrial development. At the forefront of this transition is the Director-General and Chief Executive Officer of the Energy Commission of Nigeria (ECN), Dr. Mustapha Abdullahi, whose advocacy for emerging clean energy technologies, particularly low-carbon hydrogen, is shaping conversations around Nigeria’s future energy mix.  With increasing global attention on hydrogen as a potential solution for decarbonising industries, transportation, and power systems, the ECN under Dr. Abdullahi’s ...