▪︎Governor Fubara signs the Executive Order No. 002 of 2024 for the establishment of the Rivers State Investment Promotion Agency , in Port Harcourt, on Monday. Rivers State governor, Sir Siminalayi Fubara, has called on prospective investors to liaise with the Rivers State Investment Promotion Council for seamless investments in the State. Fubara made the…
President Bola Tinubu had in June signed the executive order to introduce zero tariffs on excise duties and value added tax (VAT) on imported pharmaceutical inputs.
African Export-Import Bank (Afreximbank) says its African Quality Assurance Centre (AQAC) in Ogun State, can now offer internationally accredited services for food and agri products in Nigeria. The international accreditation of the AQAC in Ogun to the ISO/IEC 17025:2017, was done last week by the South African National Accreditation System (SANAS). SANAS is one of…
The Federal Competition and Consumer Protection Commission (FCCPC) has subjected Coca-Cola Nigeria Limited (Coca-Cola) and the Nigerian Bottling Company Limited (NBC) regulatory supervision for a period of 24 months. FCCPC, in a statement on Thursday, said the companies have been carrying out unfair tactics, thereby “misleading consumers”. The companies are yet to responded to the allegations…
The Manufacturers Association of Nigeria (MAN) has enjoined the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to issue a clarification that absolves the Dangote Refinery of the negative perceptions the comments by its CEO – Engr Ahmed Farouk, have planted in the mind of Nigerians and the global community. ” The allegations of poor…
Laboratory tests conducted by the members of the House of Representatives on Dangote diesel has revealed that the product is of superior quality compared to imported equivalents and meet international standards.The Speaker of the House of Representatives, Rt Hon. Tajudeen Abbas and other members, had during a tour of both Dangote Petroleum Refinery and the…
The launch of the Guided Trade Initiative (#GTI) under #AfCFTA, by the Secretary to the Government of the Federation, George Akume, along with the Minister of Industry, Trade and Investment #Doris Uzoka-Anite, and other top officials of the government.
▪︎Melaku Alebel, Luo Zhaohui, Chairman of the China International Development Cooperation Agency (CIDCA) and DG Gerd Müller. ▪︎ ETHIOPIA The Ethiopian Minister of Industry, Melaku Alebel, has officially inaugurated the China-Africa-UNIDO Centre of Excellence located in Addis – Ababa. UNIDO reports that the centre is a pioneering tripartite initiative, to promote sustainable industrialization, agricultural modernization,…
◇ GEF Council The Global Environment Facility’s governing body has approved more than $700 million for nature protection and renewal projects, including support for the Great Green Wall and investment in large-scale initiatives for sustainable cities, cleaner industries, improved ocean and land health, and greater climate change resilience. The funding from the GEF Trust Fund, Least…
