• Collage: (Top) NAFDAC DG, Mojisola Adeseye (below): MAN President, Francis Meshioye; John Owan Enoh, Minister of State for Industry; and Minister of Industry, Jumoke Oduwole. This concerns the National Agency for Food and Drug Administration and Control (NAFDAC) ‘s recent ban on spirit drinks in sachets and small bottles under 200ml. Since the issue arose,…
It is not a consumer detergent, but the raw materials that detergent manufacturers rely on.
It is a 10-year period within which we will have advanced manufacturing to a stage where we go beyond the nine percent, 10 per cent contribution to GDP to as high as 20 to 25 per cent.”
“With global remittance corridors costing over 6.0 percent, settlement lags of several days, and compliance burdens that exclude MSMEs, millions remain disconnected from global opportunity,” said Cardoso.
In the memo, the company said that the appointments were intended to “empower a new generation to take on expanded responsibilities in shaping our future.”
The Chairman of the Committee, Hon. James Faleke, who made this week , said that the review was necessary as a result of the country’s annual loss of about N8 trillion to waivers and concessions.
Here are the key highlights of the new Industrial Policy 2025, according to Vice President Shettima.
A breakdown of the financing showed that N202 billion was allocated to agro-allied enterprises, while N100 billion went to critical national infrastructure, including broadband, power, aviation and transportation.
Manufacturing received N79 billion, extractive industries N77 billion and services N55 billion.
With domestic refining now in full swing after decades of reliance on fuel imports, pressure on the foreign exchange market is expected to ease considerably.
Drawing from BUA Group’s experience, Rabiu recounted the company’s transition from cement importation to local production in Nigeria over sixteen years ago.
