RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home

Senate asks States in the Federation to establish cottage industries across Local Governments

Senate has asked States to earmark a part of their annual budget to establish cottage industries in one or two LGAs in their states.

Rate Captain by Rate Captain
February 17, 2021
in Wealth
Reading Time: 1 min read
A A
0
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

In a tweet on Tuesday, the “The Red Chamber” (Senate) called on the 36 states of the Federation to set apart a proportion of their annual budgets for the establishment of cottage industries in one or two LGs in their state.

The tweet revealed -“We urge the 36 States of the Federation to earmark certain amount in their yearly budget for the establishment of cottage industries on one or two Local Government Areas in their states.

AlsoRead

CBN Schedules N1.05 Trillion Treasury Bills Auction for March 5.

Investors Pocket N1.4 Trillion as Dangote Cement, Aradel and Banks Power NGX Surge

Gold Rebounds Above $5,000 as Dollar Weakens and Geopolitical Risks Linger

“There is urgent need to promote the establishment and sustainable development of Cottage industries in the 774 LGAs of the country for the creation of job opportunities, reduction of poverty and rural-urban drift.

“Urge the Ministry of Special Duties and Inter-Governmental Affairs in conjunction with other relevant Ministries, Departments and Agencies to develop strategic framework for the promotion of the establishment and development of cottage industries in all the 774 LGAs of the country.”

Source: Nairametrics
Previous Post

Ehingbeti: Okonjo-Iweala, Mo Ibrahim want Lagos to prioritise job creation, infrastructure

Next Post

High inflation rate threatens manufacturing sector’s recovery and growth – MAN

Related News

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

CBN Schedules N1.05 Trillion Treasury Bills Auction for March 5.

by Jide Omodele
March 3, 2026
0

The Central Bank of Nigeria (CBN) has announced a significant Treasury Bills auction worth N1.05 trillion, scheduled for Thursday, March...

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

Investors Pocket N1.4 Trillion as Dangote Cement, Aradel and Banks Power NGX Surge

by Akpan Edidong
February 10, 2026
0

Equity investors on the Nigerian Exchange (NGX) recorded a massive N1.4 trillion gain on Monday, the first trading day of...

Gold Rebounds Above $5,000 as Dollar Weakens and Geopolitical Risks Linger

by Victoria Attah
February 4, 2026
0

Gold prices staged a strong recovery on Wednesday, climbing nearly 2.9% to reclaim levels above $5,000 per ounce for the...

Nigeria Customs Service Modernisation Project Aims to Generate $200bn in Revenue

Nigeria Customs Service Surpasses N7.2 Trillion Revenue Target in 2025

by Victoria Attah
January 27, 2026
0

The Nigeria Customs Service (NCS) has posted a record-breaking revenue performance for 2025, collecting N7.2 trillion exceeding its initial target...

Next Post

High inflation rate threatens manufacturing sector’s recovery and growth – MAN

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Angola Surpasses Nigeria, Becomes Africa’s Largest Oil Producer in August

Oil Prices Surge Past $100/Barrel for First Time Since 2022 as Iran Conflict Escalates

March 9, 2026
Battered Commodity Currencies Gain Attention Amid Dollar’s Decline.

Naira Slips to N1,398/$ on Friday, Marking Weakest Close Since Late January

March 9, 2026

Popular Story

  • Angola Surpasses Nigeria, Becomes Africa’s Largest Oil Producer in August

    Oil Prices Surge Past $100/Barrel for First Time Since 2022 as Iran Conflict Escalates

    0 shares
    Share 0 Tweet 0
  • Pension Assets Hit N28.03trn in January as 400,000 New Contributors Join

    0 shares
    Share 0 Tweet 0
  • NGX All-Share Index Climbs 2.14% WoW to 196,968 Amid Oil Price Surge

    0 shares
    Share 0 Tweet 0
  • Naira Slips to N1,398/$ on Friday, Marking Weakest Close Since Late January

    0 shares
    Share 0 Tweet 0
  • CBN set to issue guidelines to regulate FinTechs

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>