Franklin Ocheneyi

ALLI Franklin Ocheneyi is a media professional and Communicator with over 10 years of experience in the print and digital news media. Ocheneyi is passionate about telling manufacturing and allied - industries stories in Nigeria and the African continent.

US Giving Samsung $6.4bn for Manufacturing Chips

▪︎Samsung Electronics Head Office in Seoul, South Korea The Biden-Harris Administration is providing a $6.4 billion grant to Samsung Electronics (Samsung) to build new semiconductor fabrication plants in Texas. The  U.S. Department of Commerce, disclosed this today , on its website. “I signed the CHIPS and Science Act to restore U.S. leadership in semiconductor manufacturing…

Read More

FG’s New Expatriate Employment Levy Policy Not Good For FDI, AfCFTA – CPPE

The Centre for the Promotion of Private Enterprise (CPPE) says that the implementation of the Federal Government’s new Expatriate Employment Levy [EEL] policy will gravely affect foreign direct investment, and the African Continental Free Trade Area [AfCFTA] that is gaining traction. Muda Yusuf, the CPPE CEO, who expressed this concern, noted that although the broad…

Read More