The Manufacturers Association of Nigeria(MAN) requested the Honourable Minister of Industry, Trade, and Investment, Mrs Doris Uzoka-Anite to intervene in the $2.4 billion forex forward contracts of manufacturing concerns allegedly declared invalid by the Central Bank of Nigeria (CBN). The request was made during a crucial meeting with the Minister on the unpaid $2.4 billion…
The Standards Organisation of Nigeria (SON) has warned importers of tyres against stuffing it before shipment They may look nice in the eyes, but we rely on scientific investigation and analysis ” The act of stuffing tyres into one another instead of bringing it in different containers renders the tyres dead on arrival into the…
By Industrial Times staff writer For some time now, some among our tenth Republic Ministers have been fanning the flames to return Nigeria to the era of importation of bagged cement to stabilise the rising cost in the markets. The drum beats for the importation of cement started throbbing in August 2023. THE FIRST THREAT FOR…
The leadership of the Manufacturers Association of Nigeria (MAN) are on working visit to member companies in Edo and Delta State. The MAN leadership will also visit the Edo State Governor, His Excellency Godwin Obaseki, and His Royal Majesty, the Oba of Benin, Oba Ewuare II. In a statement,MAN said that the visit was ahead…
▪︎ The Acting Executive Vice-Chairman of FCCPC, Dr Adamu Abdullahi. The Federal Competition and Consumer Protection Commission (FCCPC) is warming up to dissolve market associations in the country, saying that they are behind the rising cost of food items nationwide. The Acting Executive Vice-Chairman of FCCPC, Dr Adamu Abdullahi, who gave this hint, said that…
Fan Milk PLC, a subsidiary of Danone Company, has signed a partnership agreement with Obasanjo Farms Nigeria Limited, to supply raw milk for its operations. Chief Olusegun Obasanjo, the Chairman of Obasanjo Farms Limited, signed on behalf of the Farms, while Mr Vikram Agarwal, Global Chief Operations Officer Danone, signed for Fan Milk PLC. In…
“Again, Mr Speaker, Unilever Ghana, which has for a very long time been producing its famous Lipton tea in Ghana, has stopped its tea production here. Unilever has relocated its tea production to Nigeria.” The Minority Leader in Parliament, Dr Cassiel Ato Forson, disclosed this, following President Akufo-Addo’s 2024 State of the Nation address presented…
ECOWAS is calling on palm oil-producing member states to remove tariffs and taxes on the commodity. This is to facilitate the trading of the commodity and for the sustainable growth of the palm oil sector within the region. The region’s palm oil producing countries are Ivory Coast, Togo, Benin, Nigeria, Ghana, and Liberia. Amb. Yakubu…
▪︎Segun Ajayi-Kadir, the Director-General/Chief Executive Officer of MAN The Manufacturers Association of Nigeria (MAN) on Tuesday, said that the anxiety that enveloped the domestic and foreign investors, following the introduction of the government’s $10,000-$15,000 Expatriates Employment levy, has abated. Segun Ajayi-Kadir, the Director-General/Chief Executive Officer of MAN, stated this in a statement commending the Federal…
The Oyo State Government has banned the use of styrofoam, popularly called takeaway packs for packaging food. The State’s Commissioner for Health Oluwaserimi Ajetunmobi, stated this during the Food Safety Stakeholders Forum held today, at the Conference Room of the Ministry in Ibadan. Ajetunmobi said the menace of food poisoning, indiscriminate use of chemical products…
