Nigeria Launches Upgraded Database for Raw Materials

On Tuesday, during a media briefing in Abuja, the Federal Government of Nigeria unveiled an upgraded database designed to provide real-time data on the country's raw materials. This initiative, led by the Raw Materials Research and Development Council (RMRDC) under the direction of Prof. Nnanyelugo Ik Muonso, represents a significant milestone in Nigeria's efforts to build a data-driven industrial economy.
The new system, formally known as the Nigerian Statistical Information System for Raw Materials, is an upgrade from the previous raw materials information framework. It integrates data from major national institutions, including the Central Bank of Nigeria and the Nigerian Geological Survey Agency, to offer insights into the quality and characteristics of raw materials across the country.
The platform aims to address challenges related to fragmented resource data and import dependence, while also supporting Nigeria's industrial policies, particularly the goal of adding 30 percent value to raw material exports. Chinyer Nnamdi Anum emphasized the importance of media engagement in promoting the council's work and fostering public understanding.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
Read full article
Continue on Punch Newspapers
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories

RMRDC Launches Platform to Enhance Raw Materials Investment

Nigeria Secures $1B Steel Investment from India

FG and NCDC Collaborate to Boost North-Central Mining

Nigeria's New Agricultural Policy to Stabilize Food Prices

Nigeria Launches Unified Poverty Register with N3.2tn Fund

Nigeria's 30% Value Addition Plan to Boost Economy
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.






