The Federal Government of Nigeria has called on the organized private sector to consistently demand quality products and services from the public sector in order to foster a culture of quality across the country. Senator George Akume, Secretary to the Government of the Federation, highlighted the importance of quality during a workshop on the Sustainable…
Mr. Manish Mundra is the Managing Director of Indorama Eleme Petrochemicals Limited (IEPL). Under his watch, the company has become a major player in Nigeria’s economy. It provides raw materials for over 300 plastics manufacturers, generating employment for a teeming population and improving the lives of host communities The firm provides world-class products at competitive…
“I’m resting after delivering the $20 billion Dangote Petroleum Refinery.” Alhaji Aliko Dangote made this comment, today, in response to Mr Femi Otedola’s invitation to come and invest in Eko Atlantic city. He spoke during the groundbreaking ceremony of the 43-storey building new First Bank Head Office at Eko Atlantic City in Lagos. Dangote said:…
By Dare Adekanmbi LONG before Nigeria claimed its independence in 1960, agriculture was the heartbeat of its economy. The stories of the First Republic highlight how various regions flourished— from the North’s bustling groundnut pyramids to the fertile cocoa farms in the West, and the East’s thriving rubber and palm oil production. Each region carved…
The Ministry of Industry, Trade and Investment is in discussion with the International Finance Corporation (IFC) to establish carbon markets across the country. The aim is to guarantee economic and sustainable industrial growth. Dr Jumoke Oduwole, the Minister of the sector, disclosed this when she was featured in a ministerial briefing by the Ministry of Information…
The federal government is making frantic efforts to ensure the return of over 60 percent of manufacturing firms, which had exited the national grid. The Minister of Power, Chief Adebayo Adelabu, disclosed yesterday, during the release of a National Integrated Electricity Policy (NIEP) to drive the transformation of Nigeria’s power industry. At the event, Adelabu…
The President of the Senate, Godswill Akpabio, has assured stakeholders in the business community and beyond that the Red Chamber would be thorough as it is not in a hurry to pass the tax reform bills. Akpabio gave the assurance during the public hearing on tax reform bills organised by the Senate Committee on Finance,…
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) is calling on the National Assembly to carefully evaluate the consequences of the proposed removal of tax exemptions for investors operating within the country’s Free Trade Zones (FTZs) as outlined in the Nigeria Tax Bill 2024. Currently, there are 50 FTZs in Nigeria,…
