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President Tinubu Targets 15% Inflation Reduction in 2025
President Bola Tinubu has reiterated his administration’s plans to reduce inflation from its current high of 34.6 percent to 15 percent in 2025. President Tinubu, in his New Year messages, admitted that 2024 posed numerous challenges to Nigerians and households. He said that 2025 will bring brighter days, adding, “By the grace of God, 2025…
MAN, NECA Urge Sanwo-Olu to Resolve Manufacturers Dispute with Water Regulator
The Manufacturers Association of Nigeria (MAN) called on the Governor of Lagos State, Babajide Sanwo-Olu, to use his good office to order the immediate reopening of the closed factories of Nigerian Bottling Company, FrieslandCampina, and Guinness Nigeria Plc, by the Lagos State Water Regulatory Commission (LASWARCO). Mr Adewale-Smatt Oyerinde, the Director-General of Nigeria Employers’ Consultative…
Global Crude Steel Production Peaks at 146.8MT in November
71 Countries produced 146.8 million tonnes of crude steel in November 2024, a 0.8% increase compared to November 2023, according to the the World Steel Association (worldsteel). Crude steel is the first stage in the steel production process, representing the raw form of steel before it undergoes further refining and shaping. In the analysis of crude…
Dr Nandom Abu Heads MDI Keffi
A former Director of the Raw Materials Research and Development Council (RMRDC), Dr Nandom Abu has been appointed as the Director of the Materials Development Institute (MDI) Keffi, Nassarawa State. The Materials Development Institute (MDI) is a collaborative initiative of the Raw Materials Research and Development Council (RMRDC) Abuja and Nasarawa State University Keffi (NSUK)….
The 17 days of sustainability: a year-end holiday challenge
By FAO This holiday season, let’s pave the way for a better year by working toward sustainability, in all areas of life. During the end-of-year holidays, when fortunate, we spend more time with family and friends, cooking, exchanging gifts, or traveling to meet loved ones. All of these actions can be done in a more…
NQC, BSI Workshop on Enhancing Seamless Trading Between UK and Nigeria
How to enhance seamless trading between the United Kingdom and Nigeria was the focus of a Train the Trainers workshop for stakeholders in Nigeria. The workshop was put together by the National Quality Council (NQC) in collaboration with the British Standards Institute (BSI). Public sector participants in the workshop were drawn from the National Quality…
Mondelez West Africa Honours 38 Staff for Long Services
Mondelez West Africa at Mondelez International Nigeria, honoured 38 of the staff at its 2024 Long Service Awards. The awards category ranged from 10, 20 and 30 years, respectively. Oyeyimika Adeboye, Managing Director, Mondelez West Africa, commended the awards recipients for the achieved milestones. ” To work in the same organisation for 10 years is…
Edu Begs National Assembly not to Thrash Tax Bill
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, urged the National Assembly to iron out the contending issues in the Tax Reform Bill rather than dumping it in its entirety. Edun also disclosed that a total sum of ₦16.1 billion was disbursed to 22 manufacturing concerns from the ₦75 billion…
NAFDAC’s DG says 2,000 Staff Not Enough for Regulatory Duties
Prof Mojisola Adeyeye, NAFDAC’s Director-General has admitted that the agency doesn’t have enough staff to effectively carry out its regulatory responsibilities across the country. In a comparison of the agency’s staffing situation with that of Indonesia, she said that with a population of 280 million, Indonesia has 20,000 staff at its regulatory agency, while Nigeria,…