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Trending News: Nigeria’s GDP Grew By 4.23% in Q2FG Revives Cassava Flour PolicyTinubu: Ongoing Constitution Review Will Deepen FederalismBREAKING: Abuja High Court Brings Forward Nnamdi Kanu’s Hearing To September 26 To Treat Application For ReleaseEnugu Begins Transition to Smart Green SchoolsAkpoti-Uduaghan’s Trial on Alleged Cybercrime against Akpabio Stalled BREAKING: Gunmen Abduct Woman, Teenager In Fresh Attack On Kwara CommunityPNC Forum to Spotlight Investments, Others in Oil and Gas SectorTroops Recover 45,000Litres of Stolen Petroleum Products, Arrest 17 in N’Delta Projects Execution: House Demands Details of Payments Made to Contractors by Account General UNICEF, LSPHCB Host Football Tourney to Kick Away Zero Dose, PolioTuggar: Nigeria Is Committed To Multilateralism, Enhanced PartnershipsKwara Lawmaker Bemoans Energy Deficit in Rural CommunitiesTango Brook Partner AfriGO to Inaugurate Unified Smart Fuel CardPresidency To El-Rufai: Your Life President Allegation Against Tinubu Baseless, AbsurdEFCC: We Secured 13,000 Convictions in 22 YearsAlkaleri Residents Hail Bauchi Gov for Roads, Schools, ProjectsEXCLUSIVE: Video Shows Proxy Caught Sitting ICAN Exam For Taraba Finance Commissioner, Sarah AdiDelta Community Sends SOS to NDDC over  Failed RoadEl-Rufai: Tinubu Planning Life Presidency, Not Genuine DemocratUnreconciled Federation Funds: FAAC Awaits NNPC on $42.37bn, OAGF on N2tn Pending PaymentsUK, Canada, Australia, Others Announce Recognition of State of Palestine, More Israeli Allies to FollowFCT Minister Wike Authorises New Demolitions at River Park EstateKekere-Ekun to Swear in 57 New SANs September 29 as Supreme Court Commences New Legal YearShettima, Senate, Northern Govs, Ododo Celebrate First Lady, Oluremi Tinubu at 65Nigerian Climate Advocates Demand Global Grants, Debt Relief, New Environmental LawLabour Demands N256,950 New Minimum Wage for Ondo WorkersCBN Grants Operating License to Apices Finance Company to Deepen Credit Access, 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Mon. Sep 22nd, 2025

PNC Forum to Spotlight Investments, Others in Oil and Gas Sector

Nigeria’s oil and gas sector is entering a defining new chapter, marked by bold policy reforms and renewed investor commitments. In May 2025, President Bola Tinubu signed the Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025, introducing tax credits of up to 20 percent for operators who achieve cost-efficiency targets. The reform is designed to enhance competitiveness, encourage capital inflows, and deepen local participation across the energy value chain.

Themed, “Securing Investments, Strengthening Local Content, and Scaling Energy Production,” the 14th edition of the Practical Nigerian Content (PNC) Forum will convene senior government officials, regulators, industry executives, financiers, and service providers to explore how these structural changes and enabling policies can be harnessed to drive sustainable growth. Taking place in Yenagoa, Bayelsa, the forum will address three critical industry priorities: mobilising investment capital at the scale required for transformation, ensuring that the benefits of these investments are retained within Nigeria’s economy, and expanding energy production in ways that create lasting employment opportunities, enable meaningful technology transfer, and build indigenous industrial capabilities that can compete in global markets.

For more than 13 years, the PNC Forum has served as the leading platform for practical engagement on Nigerian Content development. It has consistently attracted ministers, CEOs, policymakers, and industry experts to align strategies, showcase progress, and define actionable solutions for Nigeria’s evolving energy landscape.

Speaking on the significance of this year’s edition, Wemimo Oyelana, Portfolio Director – Africa and Country Director – Nigeria at dmg events, said: “The industry is undergoing an unprecedented transformation. Indigenous companies are assuming increased operational responsibilities, while government policies prioritising local participation and gas development are reshaping the investment landscape. PNC 2025 will provide a critical platform to explore practical strategies for securing investment, strengthening local capacity, and ensuring Nigeria remains at the centre of value creation in its energy sector.”

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    Nigeria’s GDP Grew By 4.23% in Q2

    Nigeria’s GDP Grew By 4.23% in Q2

    James Emejo in Abuja

    The country’s Gross Domestic Product (GDP) grew by 4.23 per cent, year-on-year, in real terms in the second quarter of the year (Q2 2025) compared to 3.48 per cent in Q2 2024, and 3.13 per cent in Q1 2025, the National Bureau of Statistics (NBS) said Monday.

    During the quarter under review, agriculture grew by 2.82 per cent, an improvement from the 2.60 per cent recorded in the corresponding quarter of 2024.

    The growth of the industry sector stood at 7.45 per cent from 3.72 per cent recorded in Q2 2024, while the services sector recorded a growth of 3.94 per cent from 3.83 per cent in the same quarter of 2024.

    In terms of share of the GDP, the industry sector contributed more to the aggregate GDP in the second quarter of 2025 at 17.31 per cent compared to the corresponding quarter of 2024 at 16.79 per cent.

    Details later…..

    The post Nigeria’s GDP Grew By 4.23% in Q2 appeared first on THISDAYLIVE.

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    James Emejo in Abuja The country’s Gross Domestic Product (GDP) grew by 4.23 per cent, year-on-year, in real terms in the second quarter of the year (Q2 2025) compared to
    The post Nigeria’s GDP Grew By 4.23% in Q2 appeared first on THISDAYLIVE.

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    FG Revives Cassava Flour Policy

    FG Revives Cassava Flour Policy

    President Bola Tinubu’s administration has revived the cassava flower policy, which mandates the inclusion of 20 per cent cassava flower in all wheat-based products.

    The Minister of Agriculture and Food Security, Abubakar Kyari, disclosed this during a training of 50 bread bakers on cassava flour on Monday in Akure.

    The event, attended by stakeholders in the sector, has the theme: ‘Support to Cassava Processors and Master Bakers on Utilisation on High Quality Cassava Flour in Bread Production and other Confectionery.’

    Kyari, who was represented by the Coordinator of the Ministry in Ondo State, Mr Akeem Ogundeko, said that the agricultural policy of the Tinubu administration was poised to build an agro-business ecosystem that would address the sector’s challenges.

    He added that the policy, in partnership with all stakeholders, would achieve export substitution, jobs creation, economic diversification as well as food and nutrition security.

    According to him, the promotion and adoption of 20 per cent cassava flour in bread and confectionery-making, will reduce wheat flour importation.

    The minister explained that for the Nigerian bakers to adopt the 20 per cent cassava inclusion, there was need for more commitment from all stakeholders to achieve desired results.

    “It is in this regard that the ministry has continued to advocate for more strategies and efforts, such as training of more bakers on the 20 per cent inclusion policy with a view to guarantee acceptability, market and sustainability across the nation.

    “The impact is that subsequent demand for cassava flour will have a positive multiplier effect on cassava value chains and on the entire economy.

    “The cassava value chain project has taken the initiative to organise this training which is practical and will encourage more adoption and utilisation of the high-quality cassava flour.

    “The master bakers will be equipped with skills, which they will take down to other members to promote and increase efficiency in food processing activities and increase in cassava root supply,” he said.

    Earlier, the Ondo State Chairman of the Master Bakers Association of Nigeria (MBAN), Alhaji Jimoh Iyiola, applauded the Renewed Hope Initiative of Tinubu for revamping the policy, which he said would improve the country’s foreign exchange.

    Iyiola recalled that the policy was initially conceived by the former President Olusegun Obasanjo’s administration but was implemented by the administration of former President Goodluck Jonathan.

    He noted that the Federal Government could not continue with the policy due to the inability to abide by the signed agreement with MBAN.

    “Now that the government wants to revive this policy, all stakeholders must be involved, and our reached agreements must be carried out as expected.

    “Let us avoid the reasons why the policy implementation failed in the past.

    “I also want to say that there should be grants not loans given to bakers nationwide,” he said.

    The cassava inclusion policy implemented in 2012 by Jonathan’s administration increased the country’s local cassava production and made Nigeria become the largest producing nation of the crop.

    In reviving the policy by the present administration, the Senate in November 2024 initiated a bill in its support. (NAN) 

    The post FG Revives Cassava Flour Policy appeared first on THISDAYLIVE.

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    President Bola Tinubu’s administration has revived the cassava flower policy, which mandates the inclusion of 20 per cent cassava flower in all wheat-based products. The Minister of Agriculture and Food
    The post FG Revives Cassava Flour Policy appeared first on THISDAYLIVE.

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