Manufacturing companies in Nigeria says that unless the federal government address the challenges confronting their businesses, they won’t be able to pay the new minimum wage of N70,000 agreed with Labour. Segun Ajayi-Kadir, the Director-General of Manufacturers Association of Nigeria (MAN) disclosed this, following the recent Presidential announcement on the new minimum wage. Ajayi-Kadir said…
The Manufacturers Association of Nigeria (MAN) has enjoined the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to issue a clarification that absolves the Dangote Refinery of the negative perceptions the comments by its CEO – Engr Ahmed Farouk, have planted in the mind of Nigerians and the global community. ” The allegations of poor…
Laboratory tests conducted by the members of the House of Representatives on Dangote diesel has revealed that the product is of superior quality compared to imported equivalents and meet international standards.The Speaker of the House of Representatives, Rt Hon. Tajudeen Abbas and other members, had during a tour of both Dangote Petroleum Refinery and the…
▪︎Left: Dayo Adeyeye NPA Chairman Board of Directors; Dr. Abubakar Dantsoho, MD NPA Last week, President Bola Tinubu effected new leadership changes at the Nigerian Ports Authority (NPA). Tinubu appointed the former head of South-West support group, Dayo Adeyeye as NPA chairman Board of Directors, and Dr. Abubakar Dantsoho, as the new MD Nigerian Ports Authority….
The United Kingdom (UK) has appointed Mark Smithson as the country director for the UK’s department for business and Trade (DBT) in Nigeria. In a statement on Thursday from the UK foreign, commonwealth and development office, Smithson takes over from Chim Chalemera who recently concluded a 3-year posting in that role. The office said: “Mark…
The launch of the Guided Trade Initiative (#GTI) under #AfCFTA, by the Secretary to the Government of the Federation, George Akume, along with the Minister of Industry, Trade and Investment #Doris Uzoka-Anite, and other top officials of the government.
“In the next few days, ten Nigerian companies would be exporting different homemade products to countries across East, Central, and North Africa, under the African Continental Free Trade Area Agreement (AfCFTA).This declaration was made , yesterday in Lagos, by the Coordinator, National AfCFTA Coordination Office, Olusegun Awolowo. “Some of the companies include, Le Look Nigeria…
▪︎Melaku Alebel, Luo Zhaohui, Chairman of the China International Development Cooperation Agency (CIDCA) and DG Gerd Müller. ▪︎ ETHIOPIA The Ethiopian Minister of Industry, Melaku Alebel, has officially inaugurated the China-Africa-UNIDO Centre of Excellence located in Addis – Ababa. UNIDO reports that the centre is a pioneering tripartite initiative, to promote sustainable industrialization, agricultural modernization,…
◇ Kamar Bakrin The Executive Secretary/CEO of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has been elected Chairman of the International Sugar Organisation (ISO)‘s Administrative Committee. This is one of the outcomes of the 64th Council Meeting of the ISO which took place in New Delhi, India. The Administrative Committee is responsible for…
Achieved 81 percent of the collection of the first quarter of 2024 amounting to N3.94 trillion being an all-time highest in the same quarter and 56 percent higher than Q1 2023.
