The Federal Competition and Consumer Protection Commission (FCCPC), on Tuesday, reacted to the negative criticism by the Organised Private Sector and other interested parties regarding its recent directive to businesses to cease price gouging, price fixing, and other exploitative practices. “Price control is entirely outside the scope of our responsibilities.” In a statement on its…
▪︎Dr Muda Yusuf, CEO of CPPE The Centre for the Promotion of Private Enterprises (CPPE) says that the core mandate of the Federal Competition and Consumer Protection Commission (FCCPC) is not to fight inflation. Dr Muda Yusuf, the CEO of CPPE, made the assertion while reacting to the threat by the FCCPC to traverse markets…
Lagos State Governor, Babajide Sanwo-Olu, attending the 2024 Summit of the Forum for China-Africa Cooperation alongside President Bola Ahmed Tinubu., NGF Chairman Governor AbdulRahman Abdulrazaq and Hon. Minister of Finance Wale Edun, in Beijing.
▪︎Waste recycling center in Abuja/ Afrik 21 (Industrial Times) The International Labour Organization (ILO) says that the waste and recycling industry employs 6.9 million, representing 0.2 per cent of total global employment. The waste management and recycling industry includes businesses and organizations that collect, process, and recycle materials such as glass, plastic, paper, metal, and…
▪︎Nonye Ayeni, NEPC’s ED/CE The Nigerian Export Promotion Council (NEPC) has affirmed that its “Operation Double Your Exports” initiative, positively influenced the sector’s performance as it recorded $2.7 billionnon-oil exports in the first half of 2024. This represented a 6.26 per cent increase from the $2.5 billion recorded during the same period in 2023. This…
The MDA’s overall performance score is based on Efficiency and Transparency measures, with a 70% to 30% ratio, respectively
The Iron Rod and Steel Distributors Employers of Nigeria (IRSDEUN) is demanding the outcome of the reports on suspected iron rod producers from the Standard Organization of Nigeria and Tax laws from the Federal Inland Revenue Service, as mandated by the House of Representatives Committee on Steel Development. Industrial Times, learned that in a letter…
Acting Chief Justice of Nigeria, Kudirat Kekere-Ekun, and President Bola Tinubu.
Dr Doris Uzoka-Anite, Minister of Industry, Trade and Investment
Zhongshan, the Chinese firm that secured a court order to confiscate three Nigerian presidential jets has released one of the aircraft. This is to allow President Bola Tinubu travel to a scheduled meeting with President Macron of France early next week. The company, however, did not say when the two remaining aircraft being detained would…
