▪︎Mamut Asmali, General President The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, (NACCIMA) has opened MUSIAD Office in Nigeria. MUSIAD (Müstakil Sanayici ve İşadamları Derne) is an Independent Industrialists and Businessmen’s Association with 56 representatives in Turkey and 32 representatives abroad. The Nigerian office brings its global presence to 33. NACCIMA’s Director- General,…
Energy experts say manufacturers in Nigeria should make a deliberate shift from dependence on power supply from the national grids to wind, hydro, solar and other renewable energy sources, for energy security in the sector. The energy experts- Sanusi Garba, the Chairman of the Nigerian Electricity Regulatory Commission (NERC); Sunday Oduntan, the Managing Director, of…
▪︎ Keynote Speaker, Segun Ajayi-Kadir, Director-General of MAN The Commerce and Industry Correspondents Association of Nigeria (CICAN) has chosen “Manufacturing Sector’s $1 trillion GDP target by 2030: Realities & Possibilities,” as its 2024 conference theme. The event will hold at the Radisson Blu Hotel in Lagos on November 21. A statement from the CICAN Secretariat…
Francis Meshioye, the President of the Manufacturers Association of Nigeria (MAN), says that the Dangote Petroleum Refinery needs all the support of Nigerians – the government, regulators and Marketers, to enable it to perform optimally. “The Refinery will be a reliable source of fuel and petrochemical products that are essential for capacity utilisation and value addition…
▪︎ The Manufacturers Association of Nigeria (MAN) has applauded the Raw Materials Research and Development Council (RMRDC) for its sponsorship of a bill at the National Assembly to shut Nigeria’s borders against the importation of industrial raw materials that can be locally sourced. ” It is a first of its kind, as it holds enormous…
▪︎Thomas Guillot, Chief Executive of the GCCA (left); Alice de Moraes Amorim Vogas, Special Advisor for COP30 (middle); German Vice Chancellor and Federal Minister for Economic Affairs and Climate Action, Robert Habeck (right). The Global Cement and Concrete Association (GCCA) says policymakers, governments and the private sector should buy into Procurements of green cement and concrete , saying…
The BFI Group and CNCEC International have signed $1.2 billion investment agreements to revive the long-dormant 135MMscfd Gas Processing Plant at ALSCON in Ikot Abasi, Akwa Ibom State. The Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, broke the news today at the agreement signing ceremony. Ekpo , on his official X, on Tuesday, said, ”…
BUA Industries Limited has secured US$200 million Corporate Finance Facility from the African Export-Import Bank (Afreximbank) to boost its expansion plans. In a statement, Afreximbank said that the first tranche of $150 million was disbursed on October 16, 2024 and the balance of $50 million disbursed yesterday, 11, November, 2024. Mrs. Kanayo Awani, Executive Vice…
With Nigeria’s power supply remaining inconsistent and expensive, manufacturers face significant challenges in maintaining production costs and scaling their operations.
The General Council of the World Trade Organization (WTO) said today – 9 November- that nominations for the position of Director-General closed yesterday, 8 November and that the incumbent Director-General, Ngozi Okonjo-Iweala, is therefore the only candidate for the role. Ambassador Petter Ølberg of Norway, Chair of the General Council, informed the member countries via…
