Image: Minister of Industry, Trade and Investment, Jumoke Oduwole Commercial activities at the Lagos International Trade Fair Complex were disrupted today as traders shut down the facility while protesting a proposed takeover of the market’s management by state and local government authorities. This was amidst the visit of the Minister of Industry, Trade and Investment,…
The Manufacturers Association of Nigeria (MAN) says that the manufacturing industry and not the services sector is essential for driving real economic growths . Segun Ajayi-Kadir, the Director-General of MAN, affirmed this in reaction to the NBS GDP reports for the third quarter of 2024 in which the Services sector dominated the composition of the…
Baladna’s Marketing and Communications Director, Aladdin Idilbi, has clarified that the Qatari firm and the Ogun State government hadn’t signed any agreement on building a multi-million dollar factory. Idilbi, in a WhatsApp message, said, “To clarify, the visit to Ogun State Governor, Dapo Abiodun, was purely exploratory, aimed at assessing potential sites for arable and…
Taiwo Oyedele, the Chairman of the Presidential Task Force on Fiscal Policy and Tax Reforms Committee, shares this insight on the Withholding Tax Regulations 2024 now gazetted and published as part of President Bola Tinubu’s economic reforms. How will the new WHT Regulations affect small businesses? Small businesses will enjoy exemptions from withholding tax under the new…
Oyedele addressed the manufacturers recently at a forum organised by the Manufacturers Association of Nigeria (MAN), themed, “From Legislative Assembly to Factory Floor: What the New Tax Laws Mean for Nigerian Manufacturers.”
Egerton-Idehen assured that NIGCOMSAT had already secured a fully funded commercial backup satellite arrangement at the same 42.5° East orbital slot to prevent service disruption if NigComSat-1R experiences challenges.
▪︎Melaku Alebel, Luo Zhaohui, Chairman of the China International Development Cooperation Agency (CIDCA) and DG Gerd Müller. ▪︎ ETHIOPIA The Ethiopian Minister of Industry, Melaku Alebel, has officially inaugurated the China-Africa-UNIDO Centre of Excellence located in Addis – Ababa. UNIDO reports that the centre is a pioneering tripartite initiative, to promote sustainable industrialization, agricultural modernization,…
Photo: HURIWA National Coordinator, Emmanuel Onwubiko. The Human Rights Writers Association of Nigeria (HURIWA) is demanding for the immediate and sweeping action by the Federal Government, including a comprehensive overhaul of NAFDAC and SON. HURIWA alleged that the NAFDAC and SON have failed in their statutory responsibilities, allowing Nigeria’s markets to degenerate into a free-for-all…
•Dr Ayotunde Coker Dr Ayotunde Coker, the Chief Executive Officer of Open Access Data Centres, will give the Keynote Address at the Nigeria Manufacturing Equipment and Raw Materials Expo 2025. Industrial Times follow-up on the August 5-7 event whose theme is, Accelerating Sustainable Manufacturing Through Cutting Edge Equipment, will have Dr. Coker, a globally respected…
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.
