◇ Kamar Bakrin The Executive Secretary/CEO of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has been elected Chairman of the International Sugar Organisation (ISO)‘s Administrative Committee. This is one of the outcomes of the 64th Council Meeting of the ISO which took place in New Delhi, India. The Administrative Committee is responsible for…
The United Arab Emirates has announced it is withdrawing from OPEC and the broader OPEC+. According to Reuters, UAE withdrawal is a significant setback to the oil-producing bloc and its de facto leader, Saudi Arabia, at a time when the ongoing Iran war has triggered a major global energy shock. The departure of the UAE,…
The Nigerian government has committed 14.3% in counterpart funding, with UNIDO mobilizing the remainder through partnerships and donor contributions. ∆ Nigeria’s President Bola Tinubu The Federal Government of Nigeria, and the United Nations Industrial Development Organisation (UNIDO),have earmarked a total of $174.6 million budget for the implementation of the Programme for Country Partnership (PCP). At…
“It’s very serious. He may survive, but he can’t get back to work again,” said the source, disclosing that the minister suffered severe paralysis as a result of the stroke.
The African Export-Import Bank (Afreximbank) says its goal to make Nigeria permanent regional office, has been achieved with its just commissioned $120 million Afreximbank African Trade Centre (AATC) in Abuja. The President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah, said , noting that the project, which began in November 2021…
The Chairman of the company, Alhaji Dahiru Mangal, said that the new cement plant has capaciry to produce 6000t/day of cement, and provides 10,000 direct and indirect jobs.
The Nigerian Ports Authority (NPA) says on Thursday that it has secured the government’s approval to raise ports tariffs to 15 percent. In a statement on the Ports page via X , NPA said :” This adjustment, the first since 1993, is intended to enhance the efficiency and competitiveness of Nigerian ports. The 15% upward…
The Executive Director, Sales, Elizade JAC Autoland Limited, Mr. Biola Odukomaiya, disclosed that the company’s 2026 strategy was to make newly made in Nigeria vehicles more accessible through lower-priced products, bundled with maintenance and service packages.
▪︎VP Kashim Shettima at the Enugu Fashion and Garment Hub Vice-President Kashim Shettima , on Thursday, commissioned an Ultra-Modern MSME Fashion Hub in Enugu State. The Enugu State Fashion and Garment Hub is a facility developed by the Office of the Vice President of Nigeria in partnership with the Enugu government through the Enugu SME…
▪︎Waste recycling center in Abuja/ Afrik 21 (Industrial Times) The International Labour Organization (ILO) says that the waste and recycling industry employs 6.9 million, representing 0.2 per cent of total global employment. The waste management and recycling industry includes businesses and organizations that collect, process, and recycle materials such as glass, plastic, paper, metal, and…
