A new tomato processing factory and farm expansion by the Spanish multinational group, GB Foods have been commissioned in Gafara, Ngaski Local Government of Kebbi State. Abubakar Kyari, the Minister of Agriculture and Food Security, commissioned the tomato Processing factory, weekend, on behalf of President Bola Tinubu. “I am happy that GB Foods is the…
“I am excited to join MAN and indeed, it’s a dream come true.” The Manufacturers Association of Nigeria (MAN), has announced the appointment of Segun Alabi as its new Assistant Director Corporate Affairs and Communications (Corporate Services). Prior to his appointment, Segun Alabi was the Head, Corporate Affairs and Programs at the Chartered Institute of…
Photo credit: IEA Global investment in clean energy generation decreased carbon dioxide (CO2) emissions to 410 million tonnes, or 1.1%, in 2023 – compared with a rise of 490 million tonnes the year before – taking them to a record level of 37.4 billion tonnes. The new findings come from the International Energy Agency (IEA)’s…
▪︎ MAN Director-General, Segun Ajayi-Kadir/ Facebook Photo. The Manufacturers Association of Nigeria (MAN) has appealed to President Bola Tinubu to consider and to discontinue the Expatriate Employment Levy Policy because of the negative impacts on domestic industries , and foreign direct investments (FDI). The Association also urged Mr President to direct the Nigeria Immigration Service…
The National Emergency Management Agency, (NEMA) has dismissed the news making the rounds that its warehouse was looted by some FCT residents in Gwagwa-Karimo. NEMA’s spokesperson, Manzo Ezekiel, in a statement, confirmed this development and said, “The looted warehouse belongs to FCT Agric.” Earlier, some media reported that the looted warehouse belonged to NEMA. Reports said the…
The Centre for the Promotion of Private Enterprise (CPPE) says that the implementation of the Federal Government’s new Expatriate Employment Levy [EEL] policy will gravely affect foreign direct investment, and the African Continental Free Trade Area [AfCFTA] that is gaining traction. Muda Yusuf, the CPPE CEO, who expressed this concern, noted that although the broad…
CHIEF Olusegun Osunkeye, ex-Nestle, and GSK Chairman, spoke to a team of Vanguard Newspaper Editors, about GSK exit from Nigeria and the lessons for both domestic and foreign investors. Excerpt: I feel sad they’re leaving ” I feel sad that they are leaving because I have been part and parcel of GSK for many years….
▪︎The Executive Secretary/CEO NSDC, Mr Kamar Bakrin. Photo Credit: Facebook The National Sugar Development Council (NSDC) has given the local sugar refiners in the country a fresh 2000 metric tonnes of annual sugar production target. The big three sugar refiners are Dangote Sugar Refinery (DSR), BUA Sugar Refinery, and the Golden Penny Sugar Refinery, a…
No sooner than the Manufacturers Association of Nigeria (MAN) requested the Central Bank of Nigeria to reduce the size of the Bureau De Change (BDCs) operators in the country, than the apex bank announced that it has revoked the licenses of 4,173 Bureaux De Change Operators across the country. Data obtained from the CBN website,…
The Manufacturers Association of Nigeria (MAN), has rated industrialtimesngr.com as the best online platform for the reportage of industrial sector of the economy, and indeed, the association’s advocacy efforts in 2023. Apart from the Newspapers, Radios, Television, and photo journalism categories, about fifteen online news organisations keenly vied for the awards, in which Meshioye said…
