UNIDO’s Müller Calls For Cooperation and Trade Between Africa, EU Single Market
” We need fair markets, fair global value chains and investment in local value addition.”
January 2024
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LCCI Seeks Favourable Policies For Declining Trade, Industrial Sector
▪︎Doris Uzoka-Anite, Minister of Industry, Trade and Investment . The Lagos Chamber of Commerce and Industry (LCCI) says that urgent steps must be taken by the government to save the trade and industrial sectors of the economy from total collapse. In a review of the fourth quarter of 2023, LCCI President, Gabriel Idahosa, pointed out…
NAFDAC Recalls Fake Arla Dano 14kg Cream Milk
“Anyone possessing the counterfeit Arla Dano 14g full cream milk powder is advised to submit stock to the nearest NAFDAC office.” The National Agency for Food and Drug Administration and Control (NAFDAC) gave this directives to alert consumers, ditributors and retailers. In the statement, NAFDAC, said that the alert was as a result of investigations…
Kenya Discovers Large Deposits of Mineral For Manufacturing Phones, Laptops
▪︎Mining and Blue Economy Cabinet Secretary Salim Mvurya (C) with Governor Cecily Mbarire (R) at the Embu County headquarters where he announced that Kenya has adequate deposits of coltan found in six counties on January 24, 2024. PHOTO | GEORGE MUNENE | NMG Kenya has announced that the precious coltan mineral, which is used in…
Unilever Is Not Doing Well in Ghana – Report
…the receivable from Unilever Ghana Limited was N202, 528 million for the period ended. Incomes received by Unilever Plc from its subsidiaries as reported in the Unilever Nigeria Plc unaudited interim report for the twelve months ended 31st December 2023, shows that its operation in Ghana is not robust. Analysis of the group’s revenue reveals…
Lagos Govt Orders Environmental Bodies To Halt Production, Distribution of Single-Use Plastics
” These SUPs and styrofoam products often clog drainage channels and canals in Lagos.” The Lagos Government has ordered two agencies to clamp down on all the single -use plastics production companies and distribution outlets for Styrofoam in the state, to prevent further distributions. Tokunbo Wahab, the State’s Commissioner for Environment and Water Resources, disclosed…
Nigeria: House C’ttee Orders Ministry of Industry To Refund N75bn Unuse Covid-19 Fund To Federation Account
▪︎Doris Uzoka-Anite, Minister of Industry, Trade and Investment A House of Representatives / Public Accounts Committee has ordered the ministries of Health and the Ministry of Trade, Industry and Investment to refund unutilised funds meant to mitigate the effects of the Covid-19 pandemic. The committee gave the order today, during its investigative hearing stating that…
Consumers Threatening to Shun Erisco Foods Products Over Chioma Okoli’s Matter
Many a consumer in Nigeria are angry, threatening and mobilising others to boycott Erisco Foods products. This is in connection with the latest alleged Police attack on Chioma Okoli over Erisco Tomato Review. Human Rights Lawyer- Inibehe Effiong, ESQ (Lead Counsel to Chioma) gave the update via his social media platform, headlined ‘ IGP OVERRULES…
Industry Minister Under Pressure To Pay N75bn Presidential Loan
▪︎Dr. Doris Uzoka-Anite, the Minister of Industry, Trade and Investment, tour Dangote Sugar Refinery Plc, yesterday. Stakeholders in the manufacturing sector are pressuring Dr. Doris Uzoka-Anite, the Minister of Industry, Trade and Investment, to pay the N75 billion for 75 industries Presidential loan . They made the demand when the Minister toured some leading manufacturing…
MAN Condemns EFCC’s Gestapo Style of Securing Documents From Industries
The Manufacturers Association of Nigeria (MAN) has condemned the EFCC’s Gestapo Style of invasion of Dangote Industries Limited HQ in its quest for foreign exchange allocations document. ” It wasn’t the best way to make enquiries and secure documents from existing domestic investors in the economy,” said MAN, today, in a position statement, signed by…
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