RMRDC: 30% raw materials law could create 1.2m jobs

RMRDC Director-General Professor Nnanyelugo Ike-Muonso speaking at a briefing on the proposed 30% raw materials processing law in Abuja.

By Victoria Victor, Adisa Halima The Raw Materials Research and Development Council, RMRDC says, a proposed law requiring at least 30% local processing of raw materials before export could create more than 1.2 million skilled jobs within five years, Director-General RMRDC, Professor Nnanyelugo Ike-Muonso, said the measure could also help conserve foreign exchange and increase […]

RMRDC Launches Global Journal to Drive Industrial Research

By Julian Osamoto The Raw Materials Research and Development Council (RMRDC) has launched an international peer-reviewed journal to strengthen research on Nigeria’s raw materials and support industrialisation through scientific innovation. Director-General of the Council, Professor Nnanyelugo Ike-Muonso, said the revamped Journal of Raw Materials Research (JORMAR) marks a major step in repositioning RMRDC as a […]

Nigeria Moves to End Exports of Unprocessed Raw Material

Professor Nnanyelugo Ike-Muonso speaking at an RMRDC media briefing in Abuja on Nigeria’s raw materials policy and industrial development.

By Julian Osamoto Nigeria could soon require exporters to process raw materials locally before shipment as the Raw Materials Research and Development Council (RMRDC) pushes legislation aimed at ending decades of exporting unprocessed commodities. The Council says the proposed law, which requires exporters to add at least 30 per cent value to raw materials before […]

RMRDC Warns Raw Material Exports Are Costing Nigeria Jobs

Prof. Nnanyelugo Ike-Muonso addressing stakeholders on how raw material exports affect job creation and industrial growth in Nigeria.

By Julian Osamoto   The Raw Materials Research and Development Council (RMRDC) has called for increased investment in local raw material processing, stressing that value addition remains critical to Nigeria’s industrial transformation and economic competitiveness. Director-General of RMRDC, Prof. Nnanyelugo Ike-Muonso, made the call during a stakeholder engagement forum in Abuja, where he urged government institutions, […]

RMRDC Pushes Local Raw Materials Drive to Boost Industrial Growth

By Julian Osamoto The Raw Materials Research and Development Council (RMRDC) says Nigeria’s drive toward local raw materials utilisation, import substitution, and value addition remains critical to achieving sustainable industrial growth and economic diversification. Director-General and Chief Executive Officer of the Council, Professor Nnanyelugo Ike-Muonso, stated this at the RMRDC in Abuja, while assessing the […]

RMRDC Flags Raw Exports as Threat to Nigeria’s Industrial Growth

Professor Nnanyelugo Ike-Muonso speaking at an RMRDC media briefing in Abuja on Nigeria’s raw materials policy and industrial development.

By: Julian Osamoto The Director-General and Chief Executive Officer of the Raw Materials Research and Development Council (RMRDC), Professor Nnanyelugo Ike-Muonso, says Nigeria must stop exporting raw materials in crude form if it is to achieve real industrial growth and economic diversification. He made the statement at a media engagement held on Tuesday, at the […]

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