Nigeria in Talks with IFC to Establish Carbon Markets for Industrial Growth

The Ministry  of Industry, Trade and Investment is in discussion with the International Finance Corporation (IFC) to establish carbon markets across the country. The aim is to guarantee economic and sustainable industrial growth. Dr Jumoke Oduwole, the Minister of the sector, disclosed this when she was featured in a ministerial briefing by the Ministry of Information…

Read More

Food, Beverages Workers Accuse NAFDAC of Expanding Unemployment Problems In Nigeria

The NAFDAC is being accused of expanding the unemployment problems across the country.  This follows its recent ban on the production, distribution and sales of alcoholic drinks in sachets and PET bottles of 200ml and below. In a protest march to the NAFDAC Lagos Office , the protesters –  Distillers and Blenders Association of Nigeria,…

Read More

Nigeria Customs Service Suspends Implementation of 4% FOB Levy

On Tuesday, the Nigeria Customs Service (NCS) announced a temporary suspension of the implementation of the four percent levy on the Free On-Board (FOB) value of imports. Abdullahi Maiwada, the spokesman for the service, communicated this development in a statement issued from Abuja. The suspension aims to facilitate comprehensive stakeholder engagement and consultations regarding the…

Read More

Like Lagos, Oyo State Bans Takeaway Packs For Food Packaging

The Oyo State Government has banned the use of styrofoam, popularly called takeaway packs for packaging food. The State’s Commissioner for Health Oluwaserimi Ajetunmobi, stated this during the Food Safety Stakeholders Forum held today, at the Conference Room of the Ministry in Ibadan. Ajetunmobi said the menace of food poisoning, indiscriminate use of chemical products…

Read More