FIVE days ago, specifically on Monday February 19, 2024, the Federal Government and the cement manufacturers in the country met over the escalating prices of the commodity nationwide. During the meeting, the Federal Government was represented by the Minister of Works, Dave Umahi, and the Minister of Industry, Trade and Investment, Doris Uzoka-Anite, among other…
The Abuja Chamber of Commerce and Industry (ACCI) has engaged the St. Kitts and Nevis Chamber of Industry and Commerce ahead of the 2025 Investment Gateway Summit. A statement by ACCI’s Media & Strategy Officer Olayemi John-Mensah said, the engagement took place at the headquarters of the St. Kitts and Nevis Chamber in Basseterre, before…
“Your 2026-2027 planting needs to be more aggressive. The plan is not impressive at all and is not commensurate with your potential and opportunities. Why is your plan this modest? You say you are being realistic but what is the challenge? Being realistic has to be about a challenge. You have 10,000 TCD plant and…
The constant bickering between Dangote Industries Limited, the owners of the Dangote Petroleum Refinery, and oil marketers has snowballed into a court case at the Federal High Court in Abuja. Three oil marketers- AYM Shafa Limited, A. A. Rano Limited., and Matrix Petroleum Services Limited, are asking the Abuja Federal High Court to dismiss a…
Image: Dangote Petroleum Refinery, Lagos . The Manufacturers Association of Nigeria (MAN) urged the Federal Government and the petroleum industry regulators to disregard the recent prescription by the World Bank that Nigeria should open its borders to imported Premium Motor Spirit (PMS) to solve inflationary crisis. In a position document on Friday April 17, titled…
Executive orders promoting local content should move beyond rhetoric and become enforceable instruments of industrial policy.
A Lagos-based public affairs analyst, Omonaye Okoro, has faulted the Corporate Accountability and Public Participation Africa (CAPPA ) calls for increased taxation on Sugar-Sweetened Beverages (SSBs). In his opinion piece titled “Nigeria’s Sugar “Crisis” Is a Myth – And Our Economy May Pay the Price for Believing It,” Okoro noted that the CAPPA’s recent report,…
The statistics body said that of the ten Sectoral groups under the Manufacturers Association of Nigeria (MAN), the Food , Beverages and Tobacco (FOBTOB) accounted for the highest share of the GDP.
Dr Muda Yusuf, CPPE Director/CEO, expressed concerns about pardoning individuals convicted of corruption, financial crimes, murder, drug trafficking, and illegal mining.
Chioma Egodi, who was accused to have projected Erisco Foods Limited’s Nagiko Tomato Mix, in a bad light on a social media platform, has apologised to the company, said Human rights lawyer, Inibehe Effiong. Industrial Times learned that Egodi made a comment about the product that annoyed the manufacturer . Consequently, she was arrested by the…
