"Once there is a change in commodity price over which we have little control, the economy gets hit. Most upper-middle-income countries have developed productive capabilities for high-value-added and technologically complex goods. They have market structures with significant innovation capacity that enable them to produce for domestic and export to earn foreign exchange."

The Senior Special Adviser on Industrialisation to the President of the African Development Bank, Prof. Oyebanji Oyelaran-Oyeyinka, has proposed solutions to boost Nigeria's industrial sector.

Senior Special Adviser to the President on Industrialisation at the African Development Bank Group, Prof. Oyebanji Oyelaran-Oyeyinka, said Nigeria and Africa must develop robust technological capabilities to effectively engage in global markets.

AfDB: In his remarks, Oyelaran-Oyeyinka called for a diversified economy, especially one focused in the manufacturing and industrial...

Innovation and development scholar, Prof. Banji Oyelaran-Oyeyinka, has suggested solutions to fix Nigeria's fragile food and agriculture

Oyo, Cross River and Imo are among seven states and the FCT to receive the first tranche of $540m disbursements from the AfDB to develop SAPZs

Nigerians, especially urban elites, have developed an appetite for imports including expensive luxury goods such as automobiles, foreign

The Senior Special Adviser to the President on Industrialisation, African Development Bank, Prof. Banji Oyelaran-Oyeyinka, has said Nigeria is backward because it did not achieve economic diversification.

The Nigerian Network for Economics of Learning, Innovation and Competence Building Systems has given some tips on what African countries should do to promote growth post-pandemic.

By Salifu Faridat Prof. Banji Oyelaran-Oyeyinka, an authority in innovation and development, has outlined key solutions to bolster Nigeria’s vulnerable food and agriculture system. Speaking at the Africa Social Impact Summit in Lagos on Thursday, Oyelaran-Oyeyinka emphasized the urgent need for comprehensive changes to fortify the nation’s economic landscape and promote resilient economic ...

Seven governors from North West are set to embark on a journey to Abidjan, Côte d'Ivoire, in a bid to harness the potential of special agro

The Sustainable Development Goals, among others, seek to reduce poverty, improve access to health care and education, mitigate the effects of climate change and attain food security by 2030. We are not meeting the key goals.

Senior Special Adviser to the President of The African Development Bank on Industrialisation Prof. Oyebanji Oyelaran-Oyeyinka, has said agro-processing will resolve the perennial foreign exchange and volatility challenges

The Senior Special Adviser to the President, African Development Bank, Professor Oyebanji Oyelaran-Oyeyinka, has argued that the poor political structure in the country has adversely affected its industrialisation.

The National Institute for Pharmaceutical Research and Development is partnering with the African Pharmaceutical Technology Foundation to address technology gaps in Nigeria’s pharmaceutical and vaccine sectors.

How oil dependence truncated Nigeria’s industrial development

The Nigerian Academy of Engineering has urged the Federal Government to intensify efforts and develop policies geared towards industrialisation as a means of ensuring economic diversification in the country.

The Special Adviser on Industrialization to the President of the African Development Bank,Prof. Banji Oyelaran-Oyeyinka, has said that Nigeria's structural and political issues have killed so many viable industries and is a major reason why

The COVID-19 pandemic, one of the world’s most significant events, has resulted in cessation of economic activities that will lead to a significant decline in GDP, an unprecedented social disruption, and the loss of millions of jobs. According to estimates by the African Development Bank, the contraction of the region’s economies will cost Sub-Saharan Africa […]

🌍 With this crisis comes an economic disruption of unprecedented proportion ABIDJAN, Ivory Coast, July 27, 2020/ -- At one time or another, nations and individuals confront crisis points – moments of existential challenge that also open up new possibilities. African countries, at just such a crisis point as a result of the novel coronavirus,