Nigeria First Policy: Governor Ododo Enforces Wearing Made-in-Kogi Fabrics

• Kogi State Governor, Ahmed Usman Ododo Kogi State Governor, Ahmed Usman Ododo has directed all government officials to be wearing Made-in-Kogi fabrics as a show of support for indigenous industries. The State’s Commissioner for Information and Communications, Hon. Kingsley Femi Fanwo, told journalists after the State Executive Council meeting held today at the EXCO…

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Cross-border traders decry multiple Levies on Lagos-Abidjan corridor

“The levies they listed include road maintenance levy (0.85% Cost Insurance and Freight (CIF), statistics levy (7.28% CIF), corridor security levy (0.50% CIF), Customs bond (0.25% CIF), Customs stamp (4% Stat), tracking (75,000 per truck).” Cross-border traders have continued to groan under the high cost of moving goods through the Lagos-Abidjan corridor, which they say,…

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“It will be commendable to see president Tinubu driving a vehicle made and assembled in Nigeria”

Photo from left: MD Coleman Wires and Cables industries limited, Mr. George Onafowokan; DG MAN, Mr. Segun Ajayi-Kadir; and Mr. Adetunji Aderinto, Founder Zetamind Consulting Limited, during at BusinessDay Manufacturing Conference in Lagos, on Thursday. “It will be commendable to see President Bola Tinubu driving a vehicle made and assembled in Nigeria.” Segun Ajayi-Kadir, Director…

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Analyst Disagrees With CAPPA on SSBs Crisis in Nigeria

A Lagos-based public affairs analyst, Omonaye Okoro, has faulted the Corporate Accountability and Public Participation Africa (CAPPA ) calls for increased taxation on Sugar-Sweetened Beverages (SSBs). In his opinion piece titled “Nigeria’s Sugar “Crisis” Is a Myth – And Our Economy May Pay the Price for Believing It,” Okoro noted that the CAPPA’s recent report,…

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Banks: EFCC Boss Says Rogue Staffs Aiding Cyber Attacks on Customers’ Funds

“He said that compromised bank employees have played a crucial role in granting unauthorized access to hackers operating from countries including the United States and Eastern Europe.“ The Chairman of the Economic and Financial Crimes Commission (EFCC), Barrister Olanipekun Olukoyede, has raised concerns over a wave of sophisticated cyber attacks targeting Nigerian banks, revealing that…

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MAN Condemns CBN’s 27.5% Rigid Interest Rate •We’re making the system stronger – Cardoso

“Over the last quarter, countries such as members of the Euro Area, the United Kingdom, Denmark, Australia, China, India, Thailand and Egypt, have implemented interest rate cuts to bolster economic growth and support productive sectors. “ • CBN Governor, Olayemi Cardoso The Manufacturers Association of Nigeria (MAN) has again condemned the Central Bank of Nigeria…

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