The Manufacturers Association of Nigeria (MAN) has urged the government to prioritize industrial-led development as the key to Nigeria's ambition of becoming a $1 trillion economy by 2030.MAN Director General Segun Ajayi-Kadir said this requires a str… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader MAN calls for industrial-led growth to hit $1 trillion economy by 2030 By Busola Bamidele on July 30, 2025 The Manufacturers Association of Nigeria (MAN) has urged the government to prioritize industrial-led development as the key to Nigeria's ambition of becoming a $1 trillion economy by 2030. MAN Director General Segun Ajayi-Kadir said this requires a strategic revival of manufacturing focused on high-value, exportable goods, backed by reliable and affordable energy supply. "Without stable electricity, the manufacturing sector cannot thrive or contribute meaningfully to GDP," he noted. Ajayi-Kadir described the $1 trillion target as ambitious but achievable, requiring consistent nominal GDP growth of 12–14% annually, or real growth of 6–7%, nearly double the current 3.38% growth rate. He warned that expanding low-productivity sectors like informal trade would deepen inequality and result in jobless growth. Read also: MAN calls for industrial-led growth to hit $1 trillion economy by 2030 FG launches LEAPS programme to transform public sector leadership Kaduna boosts agribusiness with free fertiliser, land expansion Nigeria's tech startups attract over $400 million –  NITDA Nigeria tops ship imports in Africa, experts urge boost for local shipbuilding Highlighting recent GDP rebasing that raised Nigeria's nominal GDP to $243 billion, Ajayi-Kadir cautioned against interpreting this as real economic progress, pointing out that real growth remains weak at an average of 1.95% from 2020 to 2024. He also expressed concern over the decline in industry's share of GDP from 27.65% in 2010 to 21.08% in 2019. MAN calls for urgent infrastructure upgrades, a coherent, investor-friendly policy environment, and a focus on key manufacturing sub-sectors such as agro-processing and pharmaceuticals. Ajayi-Kadir emphasized the need for a strong manufacturing base, currency stability, and inflation control to turn the $1 trillion vision into a reality. Without these reforms, he warned, the goal risks being "measured only in numbers, not in national prosperity."

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Nigeria has joined six African countries in launching the Leadership Excellence in Africa's Public Service (LEAPS) Programme, an initiative aimed at redefining leadership in the public sector.Anchored by the African Capacity Building Foundation (ACBF)… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader FG launches LEAPS programme to transform public sector leadership By Busola Bamidele on July 30, 2025 Nigeria has joined six African countries in launching the Leadership Excellence in Africa's Public Service (LEAPS) Programme, an initiative aimed at redefining leadership in the public sector. Anchored by the African Capacity Building Foundation (ACBF), LEAPS is a strategic response to the growing demand for visionary, ethical, and innovative leadership across Africa. With this move, Nigeria joins Côte d'Ivoire, Ghana, Kenya, Senegal, and Zimbabwe in the continent-wide programme. Speaking at the launch, Permanent Secretary of the Ministry of Finance, Lydia Jafiya, described the programme as a tool to build transformative leadership at the directorate level. > "LEAPS empowers officers with the mindset and strategic skills to drive sustainable development," she said. Read also: FG launches LEAPS programme to transform public sector leadership Kaduna boosts agribusiness with free fertiliser, land expansion Nigeria's tech startups attract over $400 million –  NITDA Nigeria tops ship imports in Africa, experts urge boost for local shipbuilding Govt backs local products in big boost for SMEs The programme builds on its successful debut in Zimbabwe in 2024, with a focus on strategic thinking, innovation, and ethical governance. Deputy Director of the Ministry encouraged participants to rethink traditional leadership approaches to improve service delivery and governance outcomes. Also present, Bakary Kone, Senior Advisor at ACBF, emphasized that the initiative is about "investing in people, potential, and purpose-driven leadership." The LEAPS launch marks a major step toward building a forward-thinking and inclusive public service in Nigeria.

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The Kaduna State Government has unveiled a large-scale agricultural intervention to distribute 400 trucks of fertiliser free of charge to 100,000 smallholder farmers across the state. This initiative, announced by the Commissioner for Agriculture, Murta… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Kaduna boosts agribusiness with free fertiliser, land expansion By Busola Bamidele on July 30, 2025 The Kaduna State Government has unveiled a large-scale agricultural intervention to distribute 400 trucks of fertiliser free of charge to 100,000 smallholder farmers across the state. This initiative, announced by the Commissioner for Agriculture, Murtala Dabo, aims to improve food security, support rural livelihoods, and reduce farming costs. Key highlights of the programme include: Initial distribution of 300 trucks, scaling up to 400 trucks to potentially reach 400,000 farmers in all 23 LGAs. Kaduna is currently the only Nigerian state offering fertiliser free to smallholder farmers. A multi-stakeholder monitoring committee (including religious leaders, CSOs, labour unions, LG officials, and security agencies) has been set up to ensure equity and transparency in the distribution process. Read also: Kaduna boosts agribusiness with free fertiliser, land expansion Nigeria's tech startups attract over $400 million –  NITDA Nigeria tops ship imports in Africa, experts urge boost for local shipbuilding Govt backs local products in big boost for SMEs Nigeria commits $538m to agro-industrial hubs, targets 1m Jobs The government is also clearing 20,000 hectares of farmland, particularly in areas previously affected by insecurity, and introducing irrigation and rainwater harvesting systems to enhance productivity. Commercial farmers will receive a 60% subsidy, paying only N30,000 per bag of fertiliser. Commissioner Dabo emphasized the state's commitment to ensuring that vulnerable and underserved farmers are prioritized, stating: "Even the poorest are not left behind."

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