FCCPC Moves To Dissolve Market Associations Nationwide
“The surge in food prices can be attributed to various factors, including market cartels, price fixing, hoarding and gouging or lack of transparency in pricing,” said Abdullahi.
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Fan Milk To Off-take Raw Milk From Obasanjo Farms
Fan Milk PLC, a subsidiary of Danone Company, has signed a partnership agreement with Obasanjo Farms Nigeria Limited, to supply raw milk for its operations. Chief Olusegun Obasanjo, the Chairman of Obasanjo Farms Limited, signed on behalf of the Farms, while Mr Vikram Agarwal, Global Chief Operations Officer Danone, signed for Fan Milk PLC. In…
Unilever Ghana Moves Lipton Tea Production To Nigeria
“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…
ECOWAS Seeks Tariffs Removal To Facilitate Palm Oil Trading
ECOWAS is calling on palm oil-producing member states to remove tariffs and taxes on the commodity. This is to facilitate the trading of the commodity and for the sustainable growth of the palm oil sector within the region. The region’s palm oil producing countries are Ivory Coast, Togo, Benin, Nigeria, Ghana, and Liberia. Amb. Yakubu…
Expatriates Levy Suspension Calms Investor’s Anxiety
▪︎Segun Ajayi-Kadir, the Director-General/Chief Executive Officer of MAN The Manufacturers Association of Nigeria (MAN) on Tuesday, said that the anxiety that enveloped the domestic and foreign investors, following the introduction of the government’s $10,000-$15,000 Expatriates Employment levy, has abated. Segun Ajayi-Kadir, the Director-General/Chief Executive Officer of MAN, stated this in a statement commending the Federal…
Like Lagos, Oyo State Bans Takeaway Packs For Food Packaging
The Oyo State Government has banned the use of styrofoam, popularly called takeaway packs for packaging food. The State’s Commissioner for Health Oluwaserimi Ajetunmobi, stated this during the Food Safety Stakeholders Forum held today, at the Conference Room of the Ministry in Ibadan. Ajetunmobi said the menace of food poisoning, indiscriminate use of chemical products…
MAN Celebrates 36 Women CEOs on Women’s Day
The Manufacturers Association of Nigeria (MAN) used the 2024 International Women’s Day, themed “Invest in Women: Accelerate Progress, ” to cheer the 36 women Chief executive officers across various sectors of the economy that are under the membership of the Association. Industrial Times learned that among the women are Kofo Akinkugbe, the Founder/CEO of Secure…
Spanish’s GB Foods Tomato Processing Factory Takes- Off in Nigeria
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…
Segun Alabi Moves From CIoD To MAN
“I am excited to join MAN and indeed, it’s a dream come true.” The Manufacturers Association of Nigeria (MAN), has announced the appointment of Segun Alabi as its new Assistant Director Corporate Affairs and Communications (Corporate Services). Prior to his appointment, Segun Alabi was the Head, Corporate Affairs and Programs at the Chartered Institute of…
IEA: Global CO2 Emissions Fall 1.1% in 2023
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…