The board, when set up, will be domiciled in the Presidency, private sector-driven, with the representation of the relevant public sector stakeholders, and funded from the Textile Import Levy being collected by the Nigeria Customs Service (NCS)
Founded in London, UK, in 2016 to provide an independent international platform for cement producers and industry stakeholders, the WCA has since grown into a global network that promotes cooperation, innovation, sustainability and operational excellence across the sector.
▪︎Queues at a NNPCL filling station in Lagos EMPLOYERS in the Nigerian private sector have warned that the recent hike in petrol prices will causes huge layoffs across industries in the economy. The private sector employers include the members of the Manufacturers Association of Nigeria (MAN), Nigerian Association of Chambers of Commerce, Industry, Mines and…
“In a statement on Friday, UNCTAD said that the conference series, held every five years, is the world’s highest-level multilateral meeting on competition and consumer protection.” The 9th edition of the United Nations Conference on Competition and Consumer Protection is set for 7-11 July in Geneva, convening national governments, antitrust and consumer authorities, legal experts,…
Picture R-L: Minister of State for Industry, Senator John Owan Enoh, the Executive Secretary of the National Sugar Development Council (NSDC), Kamar Bakrin, and NSDC’s Head of Strategy and Performance Management (SPM), Edirin Akemu (L), during the public hearing on the amendment of the Council’s Establishment Act organised by the House of Representatives Committee on…
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…
The association noted that in the West African sub-region, comparable economies such as Ghana, Côte d’Ivoire, and Senegal have maintained targeted inspection or collection fees within the 0.5% to 1% FOB range, imposing higher levies only on luxury or non-essential imports.
It is practically impossible to build a 21st-century industrial economy when forcing factories to fund their capital footprint through 19th-century primitive capital constraints.
BLACK MARKET RATES US Dollar (USD) Buy ₦1,423 Sell ₦1,428 Great British Pound (GBP) Buy ₦1,890 Sell: ₦1,910 EURO (EUR) Buy ₦1,600 Sell ₦1,620 Canadian Dollar (CAD) Buy ₦1,020 Sell ₦1,080 South African Rand (ZAR) Buy ₦75 Sell ₦90 UAE Dirham Buy ₦350 Sell ₦370 Chinese Yuan Buy ₦190 Sell ₦205 Ghana Cedi (GHS) Buy…
The directive was contained in a circular signed by the Accountant General of the Federation, Dr Shamseldeen Ogunjimi.
