F.G Partners AFREXIM, Others, Signs $30 Billion Industrial Revolution MOU

F.G Partners AFREXIM, Others, Signs $30 Billion Industrial Revolution MOU

The Federal Government on Friday in Abuja signed $30 billion agreement with investment partners to boost industrial revolution and export earnings from made in Nigeria products.

The deal was signed in Abuja by Africa Export and Import Bank, Africa Finance Corporation, African Development Bank, Bank of Industry and Nigerian Sovereign Investment Authority.

The agreement tagged “Made in Nigeria for Exports (MINE) project,” marks the preparation for the commencement of Nigeria industrial revolution plan as conceived in the Economic Recovery and Growth Plan.

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The Project aims to position Nigeria as the manufacturing hub in Sub-Saharan Africa and the World.

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Investment projects are expected to take off in Abia, Katsina and Lagos states.

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Oluseyi Adefowora

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