Emzor Pharmaceuticals Industrial Limited, says that the trend of manufacturing only 30 percent and importing 70 percent of drugs by pharmaceutical companies in the country , will soon end. Funke Asiru, the company’s Director of Strategy, anticipated this development in the industry, following the federal government’s recent executive order which introduced zero tariffs, excise duties and value-added…
The meeting concluded on a positive note, with parties agreeing to continue engaging and working together to find solutions to the challenges facing Nigeria’s private sector.
▪︎Dele Alake The Senate is worried about Nigeria missing out of the $110 billion bitumen global market. The apex legislative Chamber, through its Committee on Solid Minerals, made the revelation on the $110 billion global bitumen market during public hearing on a bill seeking for an Act to establish Bitumen Development Commission. The public hearing…
The 2026 budget is projected at N54.4 trillion, according to the approved 2026–2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
Tue Beijer, co-founder and CTO and Jonas Nyvang, co-founder and CEO of Stilfold AB, share insights into how the Japanese art of origami was the inspiration behind the Swedish company Stilfold’s innovative carbon emission-busting steel-folding techniques. In a post on the World Steel Association website, the duo, said that the people who first began folding…
The Chairman of the Committee, Hon. James Faleke, who made this week , said that the review was necessary as a result of the country’s annual loss of about N8 trillion to waivers and concessions.
By Bayo Onanuga ▪︎CNG Vehicles production factory. Source: X After the removal of the fuel subsidy on May 29, 2023, President Bola Ahmed Tinubu launched the Presidential CNG Initiative in October last year to deliver cheaper, safer and more climate friendly energy. The CNG Initiative was designed to deliver compressed natural gas especially for mass…
Dangote Petroleum Refinery is set to jumpstart operations following the supply of the first batch of crude oil to the plants by the Nigerian National Petroleum Company (NNPC) Limited. Last night, the OTIS (crude oil) tanker carried a 950,000-barrel cargo of Nigeria’s Agbami crude, delivered the crude to the nearest land port to Dangote’s offshore…
The new directive is long overdue, and the government, being the biggest spender, would do well to lead by example.
This will certainly send the right signals and raise consumer confidence in made-in-Nigeria products.
