Dangote Says 52 kobo (52%) of Every Naira Dangote Cement Makes Go to FGN 

President of Dangote Group, Aliko Dangote, says that the government stands to gain substantially when the private sector flourishes, noting that 52 kobo (52%) of every naira Dangote Cement generates goes to the government. Dangote made the comment during a visit by the Nigerian Economic Summit Group (NESG), team to both Dangote Fertiliser Limited and…

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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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Hazards of Smuggling Used Clothes- Comptroller Ugbagu

Comptroller Michael Ugbagu , the Federal Operations Unit, Zone ‘C’, of the Nigeria Customs Service, Owerri, urged the public to refrain from patronising second-hand clothing and support local manufacturers. Comptroller Ugbagu made the call during a press briefing at the command’s headquarters in Owerri, on Wednesday. He highlighted the dangers posed by smuggling used clothing,…

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