{"id":121781,"date":"2024-06-18T21:54:42","date_gmt":"2024-06-18T20:54:42","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others"},"modified":"2024-06-19T00:02:59","modified_gmt":"2024-06-18T23:02:59","slug":"nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others","title":{"rendered":"Nigeria, AfreximBank sign $3.5bn deal on textile industry, CNG buses, others"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Federal Government and African Export-Import Bank (Afreximbank) have signed a $3.5 billion deal to boost the textile industry and promote the use of Compressed Natural Gas (CNG) vehicles, among other initiatives in the country.<\/p>\n

The Minister of Industry, Trade, and Investment, Doris Uzoka-Anite, disclosed this in a statement on the X platform on Tuesday.<\/p>\n

She said the deal was signed with the international financial institution during the 31st Afreximbank Annual Meeting in Nassau, The Bahamas.<\/p>\n

The agreement, according to the minister, will help realize President Bola Ahmed Tinubu\u2019s vision of a diversified and prosperous Nigerian economy.<\/p>\n

Uzoka-Anite said: \u201cI am pleased to report that a groundbreaking $3.5 billion MOU agreement between the @TradeInvestNG and @afreximbank was signed at the 31st Afreximbank Annual Meeting in Nassau.<\/p>\n

\u201cThis landmark agreement is a major step towards fulfilling President Bola Ahmed Tinubu\u2019s vision for a diversified and prosperous Nigerian economy.\u201d<\/p>\n

She revealed that the agreement covers a $3 billion Industrialization Financing Facility aimed at accelerating Nigeria\u2019s journey to becoming a fully industrialized nation, and state-wide investment vehicles\/projects to attract more investments to states, among others.<\/p>\n

\u201cThis collaboration with Afreximbank is set to transform our industrial landscape, create jobs, and drive sustainable economic growth.<\/p>\n

\u201cTogether, we are paving the way for a brighter and more prosperous Nigeria,\u201d she added.<\/p>\n

By: Babajide OkeowoBalanced, fearless journalism driven by data comes at huge financial costs.<\/p>\n

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.<\/p>\n

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.<\/p>\n

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.<\/p>\n

For More News And Analysis About Nigeria Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Federal Government and African Export-Import Bank (Afreximbank) have signed a $3.5 billion deal to boost the textile industry and promote the use of Compressed Natural Gas (CNG) vehicles, among other initiatives in the country. The Minister of Industry, Trade, and Investment, Doris Uzoka-Anite, disclosed this in a statement on the X […]<\/p>\n","protected":false},"author":84,"featured_media":121780,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[2336,13814,254,11044],"class_list":["post-121781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-afreximbank","tag-cng-buses","tag-nigeria","tag-textile-industry"],"yoast_head":"\nNigeria, AfreximBank sign $3.5bn deal on textile industry, CNG buses, others - Nigeria<\/title>\n<meta name=\"description\" content=\"The Federal Government and African Export-Import Bank (Afreximbank) have signed a $3.5 billion deal to boost the textile ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria, AfreximBank sign $3.5bn deal on textile industry, CNG buses, others\" \/>\n<meta property=\"og:description\" content=\"The Federal Government and African Export-Import Bank (Afreximbank) have signed a $3.5 billion deal to boost the textile ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-18T20:54:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-18T23:02:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1718735299.090662.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"739\" \/>\n\t<meta property=\"og:image:height\" content=\"415\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nigeria, AfreximBank sign $3.5bn deal on textile industry, CNG buses, others\",\"datePublished\":\"2024-06-18T20:54:42+00:00\",\"dateModified\":\"2024-06-18T23:02:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others\"},\"wordCount\":320,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1718735299.090662.jpg\",\"keywords\":[\"Afreximbank\",\"CNG Buses\",\"Nigeria\",\"textile industry\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others\",\"name\":\"Nigeria, AfreximBank sign $3.5bn deal on textile industry, CNG buses, others - Nigeria\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1718735299.090662.jpg\",\"datePublished\":\"2024-06-18T20:54:42+00:00\",\"dateModified\":\"2024-06-18T23:02:59+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Federal Government and African Export-Import Bank (Afreximbank) have signed a $3.5 billion deal to boost the textile ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1718735299.090662.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1718735299.090662.jpg\",\"width\":739,\"height\":415,\"caption\":\"Nigeria, AfreximBank sign $3.5bn deal on textile industry, CNG buses, others\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/nigeria\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Nigeria, AfreximBank sign $3.5bn deal on textile industry, CNG buses, others\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/\",\"name\":\"Africa Press | Nigeria | Homepage\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/author\/cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Nigeria, AfreximBank sign $3.5bn deal on textile industry, CNG buses, others - Nigeria","description":"The Federal Government and African Export-Import Bank (Afreximbank) have signed a $3.5 billion deal to boost the textile ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others","og_locale":"en_US","og_type":"article","og_title":"Nigeria, AfreximBank sign $3.5bn deal on textile industry, CNG buses, others","og_description":"The Federal Government and African Export-Import Bank (Afreximbank) have signed a $3.5 billion deal to boost the textile ...","og_url":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others","og_site_name":"Nigeria","article_published_time":"2024-06-18T20:54:42+00:00","article_modified_time":"2024-06-18T23:02:59+00:00","og_image":[{"width":739,"height":415,"url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1718735299.090662.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Nigeria, AfreximBank sign $3.5bn deal on textile industry, CNG buses, others","datePublished":"2024-06-18T20:54:42+00:00","dateModified":"2024-06-18T23:02:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others"},"wordCount":320,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1718735299.090662.jpg","keywords":["Afreximbank","CNG Buses","Nigeria","textile industry"],"articleSection":["all news","Economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others","url":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others","name":"Nigeria, AfreximBank sign $3.5bn deal on textile industry, CNG buses, others - Nigeria","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1718735299.090662.jpg","datePublished":"2024-06-18T20:54:42+00:00","dateModified":"2024-06-18T23:02:59+00:00","author":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Federal Government and African Export-Import Bank (Afreximbank) have signed a $3.5 billion deal to boost the textile ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#primaryimage","url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1718735299.090662.jpg","contentUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1718735299.090662.jpg","width":739,"height":415,"caption":"Nigeria, AfreximBank sign $3.5bn deal on textile industry, CNG buses, others"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-afreximbank-sign-3-5bn-deal-on-textile-industry-cng-buses-others#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/nigeria\/"},{"@type":"ListItem","position":2,"name":"Nigeria, AfreximBank sign $3.5bn deal on textile industry, CNG buses, others"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/nigeria\/#website","url":"https:\/\/www.africa-press.net\/nigeria\/","name":"Africa Press | Nigeria | Homepage","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","url":"https:\/\/www.africa-press.net\/nigeria\/author\/cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/121781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/comments?post=121781"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/121781\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media\/121780"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media?parent=121781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/categories?post=121781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/tags?post=121781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}