POLICY
Dangote Says 52 kobo (52%) of Every Naira Dangote Cement Makes Go to FGN
President of Dangote Group, Aliko Dangote, says that the government stands to gain substantially when the private sector flourishes, noting that 52 kobo (52%) of every naira Dangote Cement generates goes to the government. Dangote made the comment during a visit by the Nigerian Economic Summit Group (NESG), team to both Dangote Fertiliser Limited and…
Dangote Advocates for Government Support of Local Industries
Aliko Dangote, President of the Dangote Group, has emphasized the importance of the Federal Government’s support for domestic industries to mitigate unfair competition and reduce reliance on imports. He referenced successful strategies employed by countries such as the Benin Republic, the United States, and China as benchmarks for safeguarding local industries. During a recent visit…
FIRS Largest Employer of Chartered Accountants – ICAN
The Chartered Accountants of Nigeria (ICAN) has commended the Federal Inland Revenue Service (FIRS) for being the largest employer of chartered accountants in the country. “Out of the 66,000 chartered accountants in the country today, more than 2,800 are in FIRS, the largest by any government agency,” said Davidson Alaribe, the President of ICAN. Alaribe…
Kano Picks Garment, Dairy, and Dyeing Industries for Tunisian Investors
Kano State is set to strengthen its partnership with Tunisia in several key sectors, including garment production, dairy processing, and dyeing industries. This collaboration aims to leverage the expertise and resources of both regions to foster economic growth. During a recent meeting at the Government House in Kano, Governor Abba Kabir Yusuf welcomed the Tunisian…
Nigerian Governments Commend Coca-Cola’s Plastic Recycling Infrastructure Hub in Lagos
▪︎▪︎In picture from left: The Managing Director/Chief Executive Officer of the Lagos Waste Management Authority (LAWMA), Dr. Muyiwa Gbadegesin; Executive Chairman, Apapa Local Government Council, Hon. Idowu Adejumoke Senbanjo; the Chief Executive Officer, Coca-Cola Hellenic Bottling Company (CCHBC), Zoran Bogdanovic; the Honourable Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole; the Honourable Minister of…
Dangote Refinery Reacts to Global Fall in Crude Oil Prices
Dangote Petroleum Refinery on Saturday reacted sharply to the trending decline in international crude oil prices. The refinery announced an adjustment to its ex-depot price of petrol, from N950 to N890, effective from Saturday, February 1. A statement from Dangote Petroleum Refinery, issued by the Group’s Chief Branding and Communications Officer, Anthony Chiejina, said that…
NNPC Ltd, Partners Site Five Mini-LNG Plants in Ajaokuta
▪︎Groundbreaking of five mini-LNG plants by the Minister of Petroleum Resources (Gas), Hon Ekperikpe Ekpo, in Kogi State, yesterday. The NNPC Ltd. and its partners have launched five mini-Liquefied Natural Gas (LNG) Plants in Ajaokuta, Kogi State, on Thursday. The groundbreaking ceremony was performed by the Honorable Minister of State for Petroleum Resources (Gas), Ekperikpe…
UNICAL: Minister of State Petroleum Resources (Gas) successfully defends PhD dissertation
The Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo has successfully concluded the defense of dissertation pursuant to obtaining PhD in Environmental Pollution and Toxicology from the University of Calabar. The exercise which had external and internal examiners in attendance was held in the Department of Zoology and Environmental Biology, Faculty of Biological…
IEA says global gas balance set to remain fragile in 2025
Global natural gas markets are set to remain tight in 2025 as demand continues to rise and supply expands more slowly than before the pandemic and energy crisis, according to the IEA’s latest quarterly Gas Market Report published today. The report, which provides a thorough review of market developments in 2024 and an outlook for 2025, finds that…