Dangote Sinotruck $100mn CKD Assembly Plant in Lagos
The plant has the capacity to assemble and produce 10,000 trucks annually. It is a joint venture, controlled by Dangote with a leading share of 65% and Sinotruck of China with 35%.
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RMRDC’s New DG Sets Goals for Self and Staff
Prof. Ike-Muonso reminded participants drawn from Directorate cadre and Heads of Divisions that RMRDC occupies a critical position in Nigeria’s economic and industrial development aspirations.
Thousands of jobs underway in sugar industry – NSDC boss
They are laying irrigation pipes, they are completing other infrastructure, they are expanding their factories and rehabilitating them, and so on.
NPA Reduces Entry Time for Export Trucks to 48hrs from 72hrs
Mohammed Bello Koko, MD/CEO of Nigeria Ports Authority in collaboration meeting with the Nigeria Customs Service and Ports stakeholders.
Tinubu Tasks Dev’t Financiers on Investments In Agric, Infrastructure
Nigeria holds the second-largest IFC portfolio in Africa with an active investment portfolio of $2.1 billion as of April 2024
IFC Lends Johnvents Industries $23m for Business Expansions
The Group Managing Director, Johnvents Industries Limited, John Alamu, said, “IFC’s partnership with Johnvents marks another giant step in our commitment to transform Nigeria’s cocoa sector and agriculture industry.
Tetra Pak Says Cuts Carbon Emissions by 20%
The food packaging giant also announced the launch of an aseptic beverage carton featuring a paper-based barrier, reducing its carbon footprint by 33 percent
Abuja Chamber Urges FCT Minister To Develop Idu industrial Estate
ACCI President, Chief Emeka Obegolu, who made the call… commended the minister for his strides in advancing infrastructural development in Abuja but stressed that industries were also looking forward to such in their domains.
Reps to Investigate MDAs Investments in Renewable Energy
In December 2023, the World Bank approved a $750m facility to boost renewable energy in Nigeria, to provide over 17.5m Nigerians with improved access to electricity through distributed renewable energy solutions.
Presidency Denies offering N105,000 Minimum Wage
Wale Edun has not proposed an N105,000 minimum wage to President BolaTinubu