The Ministry of Trade, Agribusiness and Industry, COCMAG CEO George Dawson-Ahmoah said that foreign cement brands, particularly from Togo, are increasingly ‘flooding’ the Ghanaian market without undergoing mandatory product certification by the Ghana Standards Authority.
Among the 17 sub-sectors surveyed in the Industry sector, 7 recorded expansions, while the remaining 10 sub-sectors indicated contraction.
Companies transacting in foreign currency may now pay taxes in naira at official exchange rates.
This is not a new tax. It was first introduced into law in 2007, and the intention was to collect that five per cent and use it to fix roads.
Adenuga also assured that the Command would intensify collaboration with key government agencies including the DSS, Police, Immigration, NDLEA, NAFDAC, and the military to strengthen border security and foster a more conducive environment for legitimate trade.
Brazil joined the IEA Family as an Association country in 2017.
Talks broke down after Sayyu Dantata, who represented the Dangote Group, reportedly walked out on Labour Minister Muhammad Dingyadi and the labour delegation during discussions over the unionisation of Dangote Refinery workers.
The situation escalated when MRS Oil, owned by Dangote’s cousin Sayyu Dantata, began recruiting drivers for the CNG trucks and required them to sign agreements prohibiting union membership.
Nigeria’s manufacturing value per person is just $216, compared to $645 in South Africa and $524 in Egypt.
The multi-billion-naira complex in Matori, Mushin, now renamed Senator Oluremi Tinubu Industrial Leather Hub, is designed to reposition Nigeria’s leather industry from a fragmented, informal sector into a formalised, export-ready value chain
