The constant bickering between Dangote Industries Limited, the owners of the Dangote Petroleum Refinery, and oil marketers has snowballed into a court case at the Federal High Court in Abuja. Three oil marketers- AYM Shafa Limited, A. A. Rano Limited., and Matrix Petroleum Services Limited, are asking the Abuja Federal High Court to dismiss a…
Mr Devakumar Edwin, the President of the Chemical and Non-Metallic Products Employers Federation (CANMPEF), says that Nigeria can earn its position among industrialized nations if the Federal Government gives immediate attention to policies that promote growth, investment, and innovation. Devakumar Edwin, who is also the Vice President of Oil and Gas at Dangote Industries Limited…
▪︎The new Ministers with VP Kashim Shettima and President Bola Tinubu/ State House photo. Dr Jumoke Oduwole officially took over today as the Industry, Trade and Investment Minister. During the sworn-in ceremony at the Presidential Villa, Dr Oduwole pledged to maximize benefits from the African Continental Free Trade Area (AfCFTA) to support Nigerian exports and…
▪︎Aliko Dangote and Minister of petroleum Resources, Heineken Lopkobiri. File Photo “IF anyone claims that they can land PMS at a price cheaper than what we are selling at the Dangote Refinery, then they are importing substandard products and conniving with international traders to dump low quality products into the country, without concern for the…
“If addressed and revitalised, we can stop the constant importation of books and other printed materials as our research shows that we spend over N200 billion annually to import books and other printed materials.” These words were spoken by Mr Adekunle Adebambo, the President of Gothenburg Print Professionals Association of Nigeria (GUPPAN). During a media…
Rubber Industry stakeholders in Nigeria are earnestly expecting the Federal Government and the South-West governors to support the promotion of rubber cultivation in order to further boost the Nigerian economy. The stakeholders under the umbrella of the National Rubber Producers Processors and Marketers Association of Nigeria (NARPPMAN) made the call during the fifth Odua International…
▪︎L-R: Deputy President, Lagos Chamber of Commerce and Industry (LCCI), Engr. Leye Kupoluyi; Chief Executive Officer, Tafawa Balewa Square Management Board, Mrs. Lucia Shittu; Lagos State Deputy Governor, Dr. Kadri Obafemi Hamzat and President of the Lagos Chamber of Commerce and Industry, Mr. Gabriel Idahosa , during the Opening Ceremony of the Lagos International Trade…
Hollywood stars Ryan Reynolds and Rob McElhenney have invested in Wrexham Lager, the oldest British lager brewery still in existence. The investment was made by Red Dragon Ventures, a joint venture formed by Reynolds and McElhenney and the New York-based Allyn family. BBC reports that the famous pair have taken co-ownership of Wrexham Lager, which already…
▪︎Image of a CNG car / GoCNG Could the government’s push for the adoption of vehicles driven by Compressed Natural Gas(CNG) be the driving force behind the frequent hikes in the pump prices of petrol in Nigeria, in recent months? The latest increase announced (Tuesday, October 29) by the Nigerian National Petroleum Company Limited (NNPCL) raised…
Dr Jumoke Oduwole, the Special Adviser to the President on the Ease of Doing Business, and Executive Secretary of the Presidential Enabling Business Environment Council (PEBEC) in the Office of the Vice President, has been appointed by President Bola Tinubu, as the new Minister of Industry, Trade, and Investment. Upon confirmation by the Senate, Oduwole…
