Bonded Terminal Operators Advocating for Maritime Bank in Nigeria
Before now, freight used to be $1,500 but it has gone up to about $6,000 and when you now come to Nigeria, the exchange rate for cargo clearance has gone up
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Lawmakers Moves to Save Kimberly-Clark from Exiting Nigeria
The exit of Kimberly-Clark will lead to massive job losses, affect the Nigerian economy and cause difficulty in getting safe and healthy sanitary products at affordable prices in Nigeria.”
Credit for increasing tax revenue should go to President Tinubu—-FIRS Chairman
By Lucy Ekpeyoung Zacch Adedeji is the Chairman of the Federal Inland Revenue Service (FIRS). In this interview , he shares insights into the reforms carried out at the agency under his leadership, the praises being lavished on the agency for growing the domestic tax revenue, the new customer-focused approach to tax administration, among others….
SUVs Account for 20% carbon emissions – IEA Report
▪︎SUV jeep. Image credit: Newsweek.com Sports Utility Vehicles (SUVs) account for 20 per cent of carbon dioxide (CO2) emissions globally. The report, by the International Energy Agency (IEA) Analysts Mathilde Huismans, and Jules Sery, said SUVs weigh 200-300 kg more than an average medium-sized car and typically take up nearly 0.3 m2 more space – emitting…
NASENI Opens CNG Conversion Center In Abuja
Ekperikpe Ekpo, the Minister of State for Petroleum Resources (Gas), today, joined President Bola Ahmed Tinubu, represented by the Senate President, Chief Godswill Akpabio, along with other esteemed dignitaries, commissioned the NASENI All-in-One CNG reverse-engineering, training, filling, and conversion center at Utako, Abuja.
Court Grants Erisco’s Product Reviewer N5mn Bail
A Federal High Court in Abuja, today, granted bail to Chioma Okoli in the sum of N5 million with two sureties. Chioma Okoli was previously arrested and detained in September 2023 over her review of a tomato product manufactured by Erisco Foods Limited. Okoli was arraigned on Tuesday, May 28, 2024 before Hon. Justice Peter…
Manufacturers Summit With FG,MDAs Holds Next Week in Abuja
▪︎MAN President, Otunba Francis Meshioye; and President Bola Ahmed Tinubu. UGC /industrialtimesngr.com
Customs Consultative Committee Tasks FG on New Customs Law
The review of the law has become imperative to protect local businesses engaged in import and export.
FG Opens First CNG Plant in Lagos
Ekpo noted that the use of CNG as a transport fuel is a mature technology used globally as it is the cleanest burning fuel in terms of Nitro-oxide and soot emissions
Kimberly-Clark Quitting Nigeria Diapers Industry, Blaming Challenges
Earlier this year, the company had to downsize to 2 shifts from 4 shifts. We run 24 hours and 7 days and 365 days before but currently we don’t run on Friday, Saturday and Sunday anymore because of the economic situation.