Dr Muda Yusuf, the CEO of the Centre for the Promotion of Private Enterprise [CPPE] has condemned the recent remarks on the floor of the House of Representatives on cement price which portrayed cement manufacturers (Dangote, BUA and Lafarge) in very bad light. ” For an economy seeking to industrialise, attract investors and create jobs,…
▪︎ The Acting Executive Vice-Chairman of FCCPC, Dr Adamu Abdullahi. The Federal Competition and Consumer Protection Commission (FCCPC) is warming up to dissolve market associations in the country, saying that they are behind the rising cost of food items nationwide. The Acting Executive Vice-Chairman of FCCPC, Dr Adamu Abdullahi, who gave this hint, said that…
“Again, Mr Speaker, Unilever Ghana, which has for a very long time been producing its famous Lipton tea in Ghana, has stopped its tea production here. Unilever has relocated its tea production to Nigeria.” The Minority Leader in Parliament, Dr Cassiel Ato Forson, disclosed this, following President Akufo-Addo’s 2024 State of the Nation address presented…
A new tomato processing factory and farm expansion by the Spanish multinational group, GB Foods have been commissioned in Gafara, Ngaski Local Government of Kebbi State. Abubakar Kyari, the Minister of Agriculture and Food Security, commissioned the tomato Processing factory, weekend, on behalf of President Bola Tinubu. “I am happy that GB Foods is the…
Photo credit: IEA Global investment in clean energy generation decreased carbon dioxide (CO2) emissions to 410 million tonnes, or 1.1%, in 2023 – compared with a rise of 490 million tonnes the year before – taking them to a record level of 37.4 billion tonnes. The new findings come from the International Energy Agency (IEA)’s…
The National Emergency Management Agency, (NEMA) has dismissed the news making the rounds that its warehouse was looted by some FCT residents in Gwagwa-Karimo. NEMA’s spokesperson, Manzo Ezekiel, in a statement, confirmed this development and said, “The looted warehouse belongs to FCT Agric.” Earlier, some media reported that the looted warehouse belonged to NEMA. Reports said the…
CHIEF Olusegun Osunkeye, ex-Nestle, and GSK Chairman, spoke to a team of Vanguard Newspaper Editors, about GSK exit from Nigeria and the lessons for both domestic and foreign investors. Excerpt: I feel sad they’re leaving ” I feel sad that they are leaving because I have been part and parcel of GSK for many years….
▪︎The Executive Secretary/CEO NSDC, Mr Kamar Bakrin. Photo Credit: Facebook The National Sugar Development Council (NSDC) has given the local sugar refiners in the country a fresh 2000 metric tonnes of annual sugar production target. The big three sugar refiners are Dangote Sugar Refinery (DSR), BUA Sugar Refinery, and the Golden Penny Sugar Refinery, a…
No sooner than the Manufacturers Association of Nigeria (MAN) requested the Central Bank of Nigeria to reduce the size of the Bureau De Change (BDCs) operators in the country, than the apex bank announced that it has revoked the licenses of 4,173 Bureaux De Change Operators across the country. Data obtained from the CBN website,…
” The 800-page document recommended the scrapping and merging of 220 out of the then-existing 541 government agencies.” Nigerian Investment Promotion Commission to be merged with Nigerian Export Promotion Council…,” said Hajiya Hadiza Bala-Usman, Special Adviser to the President on Policy Coordination. Bala-Usman made this known, today, after the end of the second Federal Executive…
