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Cement Industry Update: Nigeria’s National Output Reaching 85 Million Metric Tons Annually
The cement sector in Nigeria is on a trajectory to achieve a national output of 85 million metric tons per year. This growth is largely attributed to the emergence of new market entrants and the ongoing expansion initiatives, particularly the addition of 6 million metric tons per year from Dangote Cement’s current plant project located…
Why I’m Reconstructing Itori Cement Plant – Dangote
The President of the Dangote Group, Alhaji Aliko Dangote, has said that the investment-friendly policies of Governor Dapo Abiodun prompted his return to the reconstruction of his cement plant project located at Itori, Ewekoro Local Government Area in Ogun State. Construction of the Itori plant project originally began on December 23, 2023, with an anticipated…
NESG Advocates for Nigeria’s Import-Export Shifts Beyond U.S. and China
The Nigerian Economic Summit Group (NESG) has emphasized the need for Nigeria to reevaluate and diversify its trade partnerships, particularly by shifting focus towards countries that remain unaffected by the tariffs imposed by the United States. This recommendation is articulated in the NESG’s latest Foreign Trade Alert for the fourth quarter of 2024 and the…
MAN and Fairtrade Messe collaborate to drive the growth of Nigeria’s agro-food & packaging industries
The Manufacturers Association of Nigeria (MAN) and Fairtrade Messe have entered into a partnership to drive industry growth and innovation in Nigeria’s agro-food and packaging sectors. Fairtrade Messe is the organizer of the annual agrofood & plastprintpack Nigeria trade shows with a global focus on the food, agro-allied, beverage, plastics, printing, and packaging industries. The…
MAN Tasks Financial Reporting Council on Annual Fees for Private Companies
The Manufacturers Association of Nigeria (MAN) has called on the Financial Reporting Council of Nigeria (FRCN) to reconsider the implementation of annual turnover fees for private companies. Segun Ajayi-Kadir, the Director-General of MAN, highlighted the potential negative impact these fees could have on manufacturing firms, particularly those that are classified as non-listed entities, and urged…
PAMA Issues Dire Warning on Economic Impact of Insecurities on African Manufacturers
The Pan-African Manufacturers Association (PAMA) has issued an urgent alert regarding the devastating effects of insecurity on Africa’s manufacturing sector. In its February 2025 news bulletin, PAMA pointed to grave examples, particularly the destruction wrought by Boko Haram, ISWAP, and Ansaru in Nigeria’s northeastern regions, which have forced more than 60 manufacturing firms to shutter…
Trade Barriers Stunt Nigeria-Morocco Bilateral Trade 1.88%
The Speaker of the House of Representatives, Abbas Tajudeen, has expressed a commitment to collaborate with the Federal Ministry of Industry, Trade and Investment, the Federal Ministry of Foreign Affairs, and various relevant institutions and corporate entities to address and eliminate trade barriers between Nigeria and Morocco. During a recent stakeholders’ meeting focused on Nigeria-Morocco…
Quality Products Would Reduce Nigeria’s Exports Rejection – SGF Akume
The Federal Government of Nigeria has called on the organized private sector to consistently demand quality products and services from the public sector in order to foster a culture of quality across the country. Senator George Akume, Secretary to the Government of the Federation, highlighted the importance of quality during a workshop on the Sustainable…
Meet Manish Mundra: The MD of Indorama Eleme Petrochemicals Limited
Mr. Manish Mundra is the Managing Director of Indorama Eleme Petrochemicals Limited (IEPL). Under his watch, the company has become a major player in Nigeria’s economy. It provides raw materials for over 300 plastics manufacturers, generating employment for a teeming population and improving the lives of host communities The firm provides world-class products at competitive…