Electric Vehicles Are Good, But Not Yet For Africa

▪︎Innocent Chukwuma, Chairman IVM Innocent Chukwuma is the Chairman of Innoson Vehicles Manufacturing Limited (IVML).In this interview, he shares his thoughts on the recent President Bola Tinubu’s policy direction on  powering Nigeria Roads through CNG buses, among other issues. When did you transit from motorcycles to vehicles, and what motivated you to enter into the…

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MAN Woos Lawmakers to Pass Manufacturing-Friendly Bills

The Manufacturers Association of Nigeria (MAN) calls on the National Assembly to hasten the passage and implementation of six Bills that are critical for manufacturing sector’s  well-being. The legislative proposals include: 1. The Raw Materials Processing and Local Production Protection Bill: This bill seeks to establish a threshold of 30 percent value addition on raw material…

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Strait of Hormuz disruptions: Implications for global trade and development

•©Shutterstock/AU USAnakul The Strait of Hormuz is one of the world’s most critical maritime chokepoints, carrying around a quarter of global seaborne oil trade and significant volumes of liquefied natural gas and fertilizers. UNCTAD reports that the ongoing military escalation in the region has disrupted shipping flows through this narrow passage. The resulting ripple effects…

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Jumoke Oduwole: Thriving Local Businesses  Best Advertisements for  Attracting FDI

The Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole, has acknowledged that it’s important that businesses in Nigeria thrive as they’re seen as the best advertisements for foreign direct investment. She spoke at NACCIMA House in Lagos during an engagement with the leadership of the association. The Minister said the NACCIMA leadership had expressed…

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