Tinubu Gives N70k Minimum Wage to Workers

In Picture: Lagos State Governor, Babajide Sanwo-Olu, with Minister of Information and National Orientation, Mohammed Idris … after the meeting. Today, President Bola Tinubu has  approved  N70,000 minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years. Lagos State Governor, Babajide Sanwo-Olu, disclosed this, minutes ago, via his…

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FG’s policies crippling businesses — NECA, MAN, NACCIMA

▪︎President Bola Tinubu (Vanguard) LAGOS — The Nigeria Employers’ Consultative Association, NECA, Manufacturers Association of Nigeria, MAN, and the Nigerian Association of Chambers of Commerce Industry Mines and Agriculture, NACCIMA, have blamed hastily implemented government policy shifts without corresponding plans to mitigate the negative effects of the inception of the present government for the socio-economic crises…

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Nigeria’s Kamar Bakrin Chairs ISO Administrative Committee

◇ 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…

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NESG Begins Preparation for NES#30 in October

The Nigerian Economic Summit Group (NESG), yesterday,  commenced the preparations for the 30th edition of it’s annual summit. The Vice Chairman of NESG and Chairman of the NES#30 Anniversary Committee, Mr Omoboyede Olusanya, said that the inauguration of the NES#30 Joint Planning Committee marked the official commencement of preparations for the 30th Nigerian Economic Summit….

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Manufacturers Present Summit Report to the Presidency for Implementation

In Picture: L-R: Director- General, Manufacturers Association of Nigeria (MAN) Segun Ajayi-Kadir, mn President, MAN, Otunba Francis Meshioye, OFR; Deputy Chief of Staff to the President, Senator Ibrahim Hadejia and Director General, National Institute for Policy and Strategic Studies (NIPSS) Prof. Ayo Omotayo during the Presentation of Preliminary Report of the Nigeria Manufacturers Summit to…

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Pharmaceutical Manufacturers Applaud Tariffs Removal on Pharma Imports

The President of the  Pharmaceutical Society of Nigeria (PSN), Prof Cyril Usifoh, has conveyed the gratitude of the operators in the sector, to President Bola Tinubu for haven  granted zero tariffs, excise duties and VAT specified on  pharmaceuticals, machineries, equipment and raw materials. In a statement, Prof said that the tariffs removal will encourage local…

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FG Links Agbara Industrial Hub to National Grid 

The Federal Government has connected the Agbara Industrial Hub in Ogun State, to the national grid, under it’s Industrial Clusters Power Project. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, disclosed this, during the Nigeria Manufacturers Summit,’ Rethinking Manufacturing’, held at the Presidential Villa in Abuja, yesterday. Before this initiative, none of the businesses…

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Auto Industry Needs Components Manufacturers to Drive Growth – Ejindu

The maiden edition of the Nigeria Auto Industry Summit (NAISU) ended with calls for strategic investments in the production of automotive components and parts to drive the sector’s growth. The summit, held in Lagos, was organised by the Nigeria Auto Journalists Association (NAJA), in conjunction with the National Automotive Design and Development Council (NADDC). During…

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