Bakrin Barks at Redirecting 50% Sugar Levy
Picture R-L: Minister of State for Industry, Senator John Owan Enoh, the Executive Secretary of the National Sugar Development Council (NSDC), Kamar Bakrin, and NSDC’s Head of Strategy and Performance Management (SPM), Edirin Akemu (L), during the public hearing on the amendment of the Council’s Establishment Act organised by the House of Representatives Committee on…
Tetra Pak Says Cuts Carbon Emissions by 20%
The food packaging giant also announced the launch of an aseptic beverage carton featuring a paper-based barrier, reducing its carbon footprint by 33 percent
CBN To Launch New Website Monday, December 2
The Central Bank of Nigeria says that its newly redesigned website (www.cbn.gov.ng) will become operational on Monday, December 2, 2024. Hakama Sidi Ali (Mrs), Acting Director of Corporate Communications, said: “The Bank has developed a contemporary Web API that operates on Microsoft .NET Core 8 (the most recent and stable release) to enhance user experience…
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…
MAN Firebacks at NGOs Advocating for SSB Tax Hikes
Nigeria’s per capita consumption of sugar is 7.1kg as at 2023, well below the WHO recommended 9.1kg and the global average of 21.4kg,” said Ajayi-Kadir .
Manufacturers Summit With FG,MDAs Holds Next Week in Abuja
▪︎MAN President, Otunba Francis Meshioye; and President Bola Ahmed Tinubu. UGC /industrialtimesngr.com
Pan African Payment and Settlement System (PAPSS) Isn’t Working – Oyeyimika , Cadbury MD
Oyeyimika Adeboye, is the Managing Director, Cadbury Nigeria Plc. She supervises the West African operations of Mondelēz International, one of world’s largest snack companies.In this interview, culled from The Nation, Adeboye shares insights on the manufacturing environment in Nigeria as well as regional integrations and other issues. How do we ensure dollar liquidity? I can…
Afreximbank Avails US$10bn to Shield African, Caribbean Economy from Middle East Conflict
The Board of Directors of African Export-Import Bank (Afreximbank) has approved a US$10 billion Gulf Crisis Response Programme (GCRP) facility to help African and Caribbean economies to counter the severe economic shocks triggered by the escalating conflict in the Middle East. Dr. George Elombi, President and Chairman of the Board of Directors at Afreximbank, announced…