Reacting, the Director-General of the Manufacturers Association of Nigeria, Segun Ajayi, explained that the deficit is not only a result of consumer choices but also of government procurement patterns.
We urge the governors to prioritise infrastructure development, particularly in industrial areas. Power supply remains a major challenge in states like Osun, while road networks, water access, and storage infrastructure in Ondo require urgent attention.”
The Association urges the Nigeria Customs Service (NCS) to swiftly communicate the directive to all relevant commands, so that the charge will go off its portal.
The Ministry of Trade, Agribusiness and Industry, COCMAG CEO George Dawson-Ahmoah said that foreign cement brands, particularly from Togo, are increasingly ‘flooding’ the Ghanaian market without undergoing mandatory product certification by the Ghana Standards Authority.
The Minister of Education, Tunji Alausa, stressed that the reform aims to produce a workforce that is both technically skilled and industry-ready.
Among the 17 sub-sectors surveyed in the Industry sector, 7 recorded expansions, while the remaining 10 sub-sectors indicated contraction.
Companies transacting in foreign currency may now pay taxes in naira at official exchange rates.
This is not a new tax. It was first introduced into law in 2007, and the intention was to collect that five per cent and use it to fix roads.
Adenuga also assured that the Command would intensify collaboration with key government agencies including the DSS, Police, Immigration, NDLEA, NAFDAC, and the military to strengthen border security and foster a more conducive environment for legitimate trade.
