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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Federal Ministry of Information and National Guidance published on Monday, March 10, 2025, on X information that 20,000 direct jobs and 25,000 indirect jobs will be created through the MSM Cement Ltd cement plant construction project in Kebbi State, Nigeria.
Socio-economic difficulties, compounded by persistent inflation, are hampering growth and increasing precariousness in Nigeria. According to this Banque mondiale , 47% of the Nigerian population lives below the international poverty line of $2.15 per day. To this end, a project with a capacity of 3 million tons per year is being set up to stimulate the country's industrial growth. the Minister of Finance, Mr. Wale Edun, indicated that “the factory represents an investment model led by the private sector, in line with President Bola Ahmed Tinubu's vision for economic stability, The CR& employment creation and poverty reduction”. In the National Development Plan (PND) 2021-2025, the government estimates that unemployment and poverty have increased because the economy grew more slowly than
the population.
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