FG targets 70% local pharmaceutical production

FG targets 70% local pharmaceutical production

The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate, announced on Sunday that the Presidential Initiative for Unlocking the Healthcare Value Chain aims to increase local manufacturing of pharmaceutical products in Nigeria to at least 70% by 2030. In a video shared on X, Pate explained that the initiative also aims to significantly increase the number of full-time employees working in life sciences manufacturing, with the current workforce […]

April 28, 2025 8

NEWS

Nigeria, China plan collaboration on military training, arms production

China announces CN¥1bn grant for Nigeria, others, to train over 7,000 military personnel The Federal Government says it is deepening its security partnership with the People’s Republic of China for local arms production and military training. It says this forms part of its broader strategy to tackle terrorism and other forms of insecurity within and outside its borders. Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, stated this when he briefed […]

January 10, 2025 25

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BUSINESS

Naira-for-crude: Three refineries plan PMS production, Dangote awaits NNPC supply

The Nigerian National Petroleum Company Limited may begin the supply of crude oil in naira to the Dangote Petroleum Refinery this week following the announcement by the Federal Government that the naira-for-crude deal has commenced. Also, following the promise by the government, three more refineries are getting set to start the production of Premium Motor Spirit, otherwise known as petrol, it was gathered on Sunday. The three refineries include the […]

October 7, 2024 59 2

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