Agribusiness
Nigeria to stop importation of rice, sugar, others by 2018
THE Minister of State for Trade and Industry, Hajiya Aisha Abubakar has disclosed that the Federal Government would stop the importation of six commodities by 2018.
Abubakar disclosed this at an interactive session with entrepreneurs and prospective investors participating in Katsina State Economic and Investment Summit in Katsina.
The minister said the commodities were rice, wheat, sugar, cotton, tomato paste and processed meat.She said Nigeria would stop the importation of cotton and other commodities to ensure self-sufficiency for textiles and garment manufacturers in the country.
The minister stressed that the present administration was committed to the production of those commodities in Nigeria.Abubakar said the country had no business importing the six commodities as they were abundant in Nigeria.
ALSO SEE: EU beans export ban lift: ‘A national embarrassment’ – NAQS
In his remarks, Gov. AminuMasari of Katsina State called on prospective investors to come up with workable plans that could simplify the state’s investment process and eliminate its bottlenecks.
Masari assured welders and fabricators of his administration’s readiness to provide land for the establishment of business clusters for them.He added that his government would continue to patronise made-in-Katsina goods, services and local contractors.
The governor said he had directed local contractors to purchase roofing sheets and paints from markets within Katsina State.Masari said that a large portion of land in Katsina had been allocated to the Federal Ministry of Communication for the establishment of a National Incubation Centre.
-
Latest6 days agoCole-Alegbe unveils memoir, urges leaders to harness technology for lasting impact
-
Football3 days agoBanda, Chawinga make 2026 Women’s Ballon d’Or top 30 shortlist
-
Business4 days agoNigeria records N12.59trn trade surplus in Q2 2026 — NBS
-
Business4 days agoNigerian Breweries’ H1 profitability strengthens as revenue hits N804bn
-
Featured3 days agoPeter Obi, Makinde and the 2027 elections: Can unity really challenge APC?
-
Business6 days agoJetour G700 PHEV Storms Abuja as Jetour Nigeria Takes Luxury Mobility Showcase to FCT
-
Latest4 days agoTinubu’s US legal battle: Group questions silence of elder statesmen
-
Business1 week agoMultinationals exit Nigeria as economic pressures reshape business landscape


