REVEALED: How new ‘phantom’ agency planned to raise N50bn before crackdown
The alleged phantom Made in Nigeria Project Office planned an international campaign targeted at attracting more than N50 billion into Nigeria’s economy. This was before the Federal Government moved against the organisation over its purported status as a government agency. Information extracted by Daily Trust from the organisation’s website on Monday showed that the office […]
A clandestine Malaysian project office unveiled plans to inject more than N50 billion into Nigeria's economy through an ambitious international campaign. Prior to a government crackdown, the phantom agency aimed to achieve this goal by organizing exhibitions, business forums, investment negotiations and trade events in several countries.
The initiative, titled "Industrialize Nigeria: Locally Made for Global Access," sought to attract foreign investment, boost local production, and elevate homegrown brands. The campaign was set to launch in Qatar, Kuwait and China in 2026, with Nigeria's products also to be showcased in Brazil and Hong Kong by November.
Written by urgent.news from Daily Trust's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
