• Contact Us
  • About Us
Monday, August 3, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

UNIDO advises FG to industrialise economy

metro by metro
June 28, 2017
in Economy
0
0
SHARES
0
VIEWS

The United Nation Industrial Development Organisation (UNIDO) says Nigeria may not continue to be the leading Africa economy except it is industrialised.

Mr Jean Bakole, the UNIDO Representative to ECOWAS and Regional Director, Nigeria Regional Office made this known to the News Agency of Nigeria (NAN) on Tuesday in Abuja.

Read Also

Oyedele Justifies Nigeria’s Reforms Amid Worsening Living Conditions, Says Subsidy Savings Absorbed By Debt Costs, Higher Spending

Food Inflation, Geopolitical Risks, Others May Push CBN Towards Another Rate Hold – FDC, CIBN

Nigeria Ranks 55th Globally, Leads Africa In IMD Economic Performance, Slips In Overall Global Competitiveness

“It is a must for the Nigerian government to do everything to industrialise the country to boost its position as the leading economy in Africa,’’ Bakole.

He said that countries that had achieved giant strides today were the industrialised ones, adding that industrialisation would help Nigeria to achieve its set goal of Economic Recovery and Growth Plan by 2020.

He said that Nigeria could achieve this through support and dedication, adding that UNIDO had set industrialisation as one of its priority areas to assist the Nigerian government.

On mining, he said the country had discovered more than 40 mineral resources in the sector that had been abandoned due to over dependence on oil.

He said that the sector had the potential to create wealth, employment and economic growth for the country.

Bakole said that UNIDO would support the sector in its quest to address artisanal and small scale mining activities that had polluted the underground water and environment.

“Artisanal and small scale mining are the largest sources causing 37 per cent anthropogenic emissions of mercury into the environment.

“Artisanal miners using pollutant and heavy toxic metal like mercury do not only cause or release hazardous chemical but also contaminate underground water,’’ he said.

He said that improper closure of mining sites had degraded and devastated the environment, had also become death traps to human and animals.

NAN reports that UNIDO has reaffirmed its commitment toward working closely with the ministry to implement its mandate at the state, federal level as well as with all partners engaged in the sector. (NAN)

Tags: UNIDO
Previous Post

Africa: AfDB solicits $135bn loan to MSMEs

Next Post

Nigerian stocks end losing steak to gain 1.7 pct

Related Posts

Ahead Of Agreed Minimum Wage, President Tinubu To Send Bill To NASS, Takeaways From Anniversary Broadcast
Economy

Oyedele Justifies Nigeria’s Reforms Amid Worsening Living Conditions, Says Subsidy Savings Absorbed By Debt Costs, Higher Spending

July 30, 2026
CBN
Economy

Food Inflation, Geopolitical Risks, Others May Push CBN Towards Another Rate Hold – FDC, CIBN

July 19, 2026
Elumelu Meets Tinubu In Aso Villa, Says President’s Policies For Nigerians’ Interests
Economy

Nigeria Ranks 55th Globally, Leads Africa In IMD Economic Performance, Slips In Overall Global Competitiveness

July 1, 2026
Economy

World Bank Approves $27m Performance-Based Grants For 20 Nigerian States

July 1, 2026
Next Post

Nigerian stocks end losing steak to gain 1.7 pct

Dogged Nigeria Defeat Zambia To Keep 2026 WAFCON Hopes Alive

Dogged Nigeria Defeat Zambia To Keep 2026 WAFCON Hopes Alive

August 2, 2026
UK Prime Minister Calls For Infantino’s Resignation Over World Cup Equity Plan

UK Prime Minister Calls For Infantino’s Resignation Over World Cup Equity Plan

August 1, 2026
UEFA Rejects FIFA’s $20bn Subsidiary Investment Plan

Infantino Faces Crisis As UEFA, CONCACAF Declare Lost Confidence Over Scrapped World Cup Deal

August 1, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version