The National Emergency Management Agency, (NEMA) has dismissed the news making the rounds that its warehouse was looted by some FCT residents in Gwagwa-Karimo. NEMA’s spokesperson, Manzo Ezekiel, in a statement, confirmed this development and said, “The looted warehouse belongs to FCT Agric.” Earlier, some media reported that the looted warehouse belonged to NEMA. Reports said the…
The Centre for the Promotion of Private Enterprise (CPPE) says that the implementation of the Federal Government’s new Expatriate Employment Levy [EEL] policy will gravely affect foreign direct investment, and the African Continental Free Trade Area [AfCFTA] that is gaining traction. Muda Yusuf, the CPPE CEO, who expressed this concern, noted that although the broad…
CHIEF Olusegun Osunkeye, ex-Nestle, and GSK Chairman, spoke to a team of Vanguard Newspaper Editors, about GSK exit from Nigeria and the lessons for both domestic and foreign investors. Excerpt: I feel sad they’re leaving ” I feel sad that they are leaving because I have been part and parcel of GSK for many years….
▪︎The Executive Secretary/CEO NSDC, Mr Kamar Bakrin. Photo Credit: Facebook The National Sugar Development Council (NSDC) has given the local sugar refiners in the country a fresh 2000 metric tonnes of annual sugar production target. The big three sugar refiners are Dangote Sugar Refinery (DSR), BUA Sugar Refinery, and the Golden Penny Sugar Refinery, a…
No sooner than the Manufacturers Association of Nigeria (MAN) requested the Central Bank of Nigeria to reduce the size of the Bureau De Change (BDCs) operators in the country, than the apex bank announced that it has revoked the licenses of 4,173 Bureaux De Change Operators across the country. Data obtained from the CBN website,…
The Manufacturers Association of Nigeria (MAN), has rated industrialtimesngr.com as the best online platform for the reportage of industrial sector of the economy, and indeed, the association’s advocacy efforts in 2023. Apart from the Newspapers, Radios, Television, and photo journalism categories, about fifteen online news organisations keenly vied for the awards, in which Meshioye said…
The Association of Master Bakers and Caterers of Nigeria are going on a nationwide strike from tomorrow-Tuesday, February 27. In a statement on Monday, the National President of AMBCON, Mansur Umar, said unless the Federal Government honours the agreement made with the association in 2020, the strike would commence. It also called for the temporary…
” The 800-page document recommended the scrapping and merging of 220 out of the then-existing 541 government agencies.” Nigerian Investment Promotion Commission to be merged with Nigerian Export Promotion Council…,” said Hajiya Hadiza Bala-Usman, Special Adviser to the President on Policy Coordination. Bala-Usman made this known, today, after the end of the second Federal Executive…
” The State Visit is particularly aimed at strengthening the bilateral economic cooperation between Nigeria and Qatar.” President Bola Ahmed Tinubu will during state visit to Qatar between 2 and 3 March, 2024, address the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), and Qatar’s Chambers of Commerce and Industry (QCCI) investment…
” The grains in seven locations of strategic reserves, are now being bagged for onward delivery to the National Emergency Management Agency (NEMA). The Minister of Agriculture and Food Security, Senator Abubakar Kyari, said that the Ministry is in the final stages of releasing 42,000 metric tonnes of assorted food commodities to support the vulnerable…
