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

SEC Proposes N3 Billion Minimum Capital for Forex Brokers, N5 Billion for Trading Platforms

Formal Remittances Reach Record $947 Million in July, Nearing CBN’s $1 Billion Target

CBN Lowers 364-Day T-Bill Rate to 17.15% Despite N3.63 Trillion in Bids

“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

SEC encourages youth’s participation in capital market.

SEC Proposes N3 Billion Minimum Capital for Forex Brokers, N5 Billion for Trading Platforms

by Victoria Attah
September 3, 2026
0

The Securities and Exchange Commission has proposed a new regulatory framework for online forex trading and Contracts for Difference, setting...

China Cuts Key Interest Rates to Stimulate Growth: What Nigeria Can Learn

Formal Remittances Reach Record $947 Million in July, Nearing CBN’s $1 Billion Target

by Jide Omodele
August 31, 2026
0

Nigeria received $947 million in remittance inflows through International Money Transfer Operators in July 2026, the highest monthly figure ever...

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Lowers 364-Day T-Bill Rate to 17.15% Despite N3.63 Trillion in Bids

by Jide Omodele
August 31, 2026
0

The Central Bank of Nigeria reduced the stop rate on the 364-day treasury bill by 44 basis points to 17.15...

Charges on cash transactions skyrocketed by POS agents.

E-Payment Transaction Volume Falls 9.2% as Value Rises to N1.053 Quadrillion in Q1

by Victoria Attah
August 27, 2026
0

Electronic payment transactions conducted through six channels rose 2.85 per cent year-on-year in value to N1.053 quadrillion in the first...

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

Naira Depreciation Forces Imports Down By 65% in Q3, 2023

Trade Surplus More Than Doubles to N12.6 Trillion as Exports Climb

September 8, 2026
CBN Allows Oil Companies to Resume Dollar Sales to Banks in Effort to Boost Supply.

N4.66 Trillion Liquidity Surplus Eases Funding Pressure on Banks

September 8, 2026

Popular Story

  • Experts Suggest Now Might Be the Ideal Time for Property Investment in the UK

    How Regulatory Costs Approaching 30% Are Raising the Price of Housing in Lagos

    0 shares
    Share 0 Tweet 0
  • Naira Strengthens to N1,315 per Dollar at Official Market

    0 shares
    Share 0 Tweet 0
  • Shocking: “Undress” An AI Tool That Unveils Digital Representations of Individuals Without Clothing

    0 shares
    Share 0 Tweet 0
  • Nigeria Posts N12.60 Trillion Trade Surplus in Q2 2026 as Exports Outpace Imports

    0 shares
    Share 0 Tweet 0
  • 31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    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}
?>