• About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Thursday, July 30, 2026
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
No Result
View All Result
No Result
View All Result
Home Business & Economy

Man President: Agricultural and Manufacturing Sectors Vital to Economic Stability

April 21, 2025
in Business & Economy
Reading Time: 2 mins read
0
agricultural
Share on FacebookShare on TwitterShare on Linkedin
Spread the love

In support of the push to strengthen Nigeria’s agricultural sector to ensure food security and economic resilience, Francis Meshioye, the president of the Manufacturing Association of Nigeria (MAN), has reaffirmed the importance of the agricultural and manufacturing sectors in sustaining the economic stability of Nigeria.

Speaking at the launch of the Agricultural Sector Working Group (ASWG) in Abuja, he urged that local consumption of agricultural products should be given priority before exportation of such products is considered.

Meshioye said, “Talking about food security, it means that there is no gap between our needs and what is available. It is just ideal that we fulfill our hunger needs; thereafter, you can give to others.

“You cook your food at home; you won’t give it out until you have actually been fed. So, it is the same thing. Food security is part of the agenda.

“It means you should be totally fulfilled, then you can give to others. The food we produce, we should make it available so that we can consume it. It will be unfair to produce palm oil, and you don’t have enough, yet you export palm oil.”

The MAN president noted that exporting raw agricultural materials deprives Nigeria of significant resources, which are often re-imported as finished products at higher costs.

According to him, focusing on local consumption would not only conserve resources but also stimulate domestic manufacturing, create employment opportunities, and enhance national security by engaging youth in productive activities.

“The government should remember that in its entire agenda, the manufacturing sector is crucial.

“In an actual sense, all sectors are important, but you cannot underestimate the importance of both the agricultural and manufacturing sectors; they are interwoven,” he added.

ALSO READ TOP STORIES FROM VERILY NEWS

Tags: AgriculturemanNigeria
Share198Tweet124Share35
Previous Post

Trump Mourns Pope Francis, Hailing Him as a Global Beacon of Compassion

Next Post

Tinubu Returns to Nigeria After Working Visit to France

Related Posts

Federal Reserve

Federal Reserve Keeps Rates Unchanged

by Victoria Ogbadu
July 29, 2026
0

The Federal Reserve concluded its two-day policy meeting Wednesday by voting to leave its benchmark interest rate unchanged, but the...

Euro

Naira vs Euro Exchange Rate—29th July 2026

by Victoria Ogbadu
July 29, 2026
0

The naira clawed back some ground against the euro in Wednesday's official market session, with Central Bank of Nigeria (CBN)...

Apple

Apple Market Value Tops $5 Trillion for First Time

by Victoria Ogbadu
July 29, 2026
0

Apple Inc. wrote a new chapter in Wall Street history on Tuesday, briefly touching a $5 trillion market valuation and...

naira

Naira vs Dollar Exchange Rate—29th July 2026

by Victoria Ogbadu
July 29, 2026
0

The Nigerian Naira opened trading on Wednesday at an average official exchange rate of ₦1,364.54 to the US Dollar, extending...

Oil

Global Oil Prices—29th July 2026

by Victoria Ogbadu
July 29, 2026
0

Oil prices jumped over 3% on Wednesday as military escalation, Middle East tensions, and tightening U.S. supply data rattled already...

Load More
Next Post
Tinubu Returns to Nigeria After Working Visit to France

Tinubu Returns to Nigeria After Working Visit to France

joke

Joke Silva Reveals Husband Advised Her to Retain Maiden Name for Career Branding

Tinubu in Fec meeting

Tinubu to Meet Service Chiefs Over Rising Killings in Plateau, Benue

Macron Confirms Attendance at Pope Francis’ Funeral

Macron Confirms Attendance at Pope Francis’ Funeral

Red Cross, EU Distribute Relief Materials to Anambra Flood Victims

Red Cross, EU Distribute Relief Materials to Anambra Flood Victims

Pope Francis Passes Away at 88, Vatican Confirms

Vatican Announces Funeral Details for Pope Francis

tariffs

US To Introduce Fresh Tariffs On Solar Panel Imports from Southeast Asia

meetings

2025 IMF Spring Meetings: Wale Edun Spearheads Nigerian Delegation

Students Launch $25,000 Fundraiser for Nigerian Uber Driver Killed in Philadelphia

Students Launch $25,000 Fundraiser for Nigerian Uber Driver Killed in Philadelphia

naira

CBN Releases Updated Dollar to Naira Exchange Rates

Cartoon of The Week!

Verily_Cartoon_29_07_2026
THE ILLUSION OF CHOICE
  • Trending
  • Comments
  • Latest
cbn governor olayemi cardoso

CBN Approves Merger Between Two Banks

February 23, 2026
2027: APC Governors Endorse Next Senate President After Akpabio

APC Governorship Candidate Joins ADC

March 16, 2026
NNPC Increases Petrol Price

NNPC Reduces Fuel Price

March 17, 2026
Kenya Airways

Viral video: Drama at Airport as Nigerian Woman Clashes with Kenya Airways Over Visa Issue

0
NLC

NLC Suspends Nationwide Protest Over Telecom Tariff Hike

0
VeryDarkMan

VeryDarkMan Vows to Uncover Truth in Mercy Chinwo and Ex-Manager’s Controversy

0
ECOWAS

ECOWAS Parliament Endorses Sanctions for Trade Protocol Violations

July 29, 2026
Federal Reserve

Federal Reserve Keeps Rates Unchanged

July 29, 2026
PSC Sacks Four Senior Police Officers, Sanctions 31 Others

Police Arrest Government Official

July 29, 2026
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Get Breaking News Alerts on WhatsApp