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Adeniyi Adebayo

President Buhari arrives Paris for Financing Africa Summit

President Muhammadu Buhari has arrived in Paris for the Financing Africa Summit. The president left Abuja Sunday for the summit which is being hosted by President Emmanuel Macron of France. According to Buhari’s spokesperson, Garba Shehu, the summit will draw major stakeholders in the global finance institutions and some Heads of Government, who will, collectively, discuss external funding and debt treatment for Africa, and private sector reforms. “During the visit, President Buhari will meet with the French President to discuss growing security threats in Sahel and Lake Chad region, political relations, economic ties, climate change and partnership in buoying the health sector, particularly in checking spread of Covid-19, with more research and vaccines. “Before returning to Nigeria, Pres...

President Buhari presides over FEC meeting — in pictures

President Muhammadu Buhari is presiding over the 44th virtual meeting of the Federal Executive Council (FEC). The weekly meeting holding at the First Lady’s Conference Hall at the State House, Abuja, is being attended by Vice-President Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha and Chief of Staff to the President, Prof Ibrahim Gambari. The ministers who are also physically attending the meeting include those of Information and Culture, Lai Mohammed; Finance, Budget and National Planning, Zainab Ahmed; Justice, Abubakar Malami; Industry, Trade and Investment; Adeniyi Adebayo; and Power, Mamman Saleh. Other ministers, as well as the Head of Service of the Federation, Dr. Folasade Yemi-Esan, are participating in the weekly cabinet meeting from their various of...

Minister tasks NSDC boss on ensuring self-sufficiency in sugar production

Otunba Adeniyi Adebayo, Minister of Industry, Trade and Investment, has tasked the newly appointed Executive Secretary of the National sugar Development Council (NSDC), Zach Adedeji to work towards the realisation of the Federal Government’s goal in ensuring self-sufficiency in sugar production. Speaking at the inauguration of Adedeji as the Chief Executive Officer of the NSDC at the weekend in Abuja, Adebayo said the Federal Government relied on him to work assiduously towards the realisation of the country’s self sufficiency in the sugar production. He noted that the appointment of Adedeji was based on his performance in his former positions, adding that the nation expected him to leave landmark achievements by the time he would be leaving office. “You are therefore expected to discharge...

Minister: Industry, trade, investment key to economic diversification

The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, says the sector is crucial in the drive toward diversification of the nation’s economy, away from being oil dominated. Adebayo spoke in Abuja at the Physical/Virtual 12th National Council on Industry, Trade and Investment meeting, with the theme “Revitalisation of the Industry, Trade and Investment Sector in Nigeria in the Post-COVID-19 pandemic era”. He explained the pivotal role of the ministry as a key actor in the economy with the mandate to stimulate domestic investment and attract foreign direct investment into all sectors. The minister said it was committed in facilitating trade in goods and services and maximising benefits of international trade through functional bilateral and multilateral trade relations. Acc...