Lagos State Governor, Babajide Sanwo-Olu, has emphasized that smart packaging is critical for ensuring food security in Nigeria, boosting non-oil exports, and enhancing foreign exchange earnings. Speaking at the 11th edition of the Propak West Africa 2024 Smart Packaging Conference, held in Victoria Island, Lagos, Sanwo-Olu called it a “national priority” that can redefine the Read More…
President Bola Tinubu unveiled plans to establish industrial hubs aimed at spurring job creation and combatting escalating unemployment during the 55th International Conference of the Chartered Institute of Personnel Management (CIPM) in Abuja. Under the theme “Sustainable Human Resources (HR), Business, and National Development,” Tinubu, represented by Nkiru Onyejeocha, the Minister of State for Labour Read More…
The Federal Government has introduced two five-year policies aimed at revitalising the country’s production and investments in the industry and trade sectors. Dr. Doris Uzoka-Anite, the Minister of Industry, Trade, and Investment, revealed the policies—Nigerian Investment Policy-2023-27 and Trade Policy of Nigeria-2023-27—virtually during the closing of the 15th National Council of Industry, Trade, and Investment Read More…
As the Naira grapples with ongoing volatility, stakeholders are urging a boost in local production of goods and services as a key strategy to fortify the currency. The News Agency of Nigeria (NAN) highlights the recent breach of the N1,000 to the dollar threshold at the parallel market, coupled with significant weakening at the official Read More…
If the Nigerian Institute of Leather and Science Technology (NILEST) Zaria, has its way, the sale and consumption of cow hide, locally known as ‘ponmo’ will be banned. The institute is proposing legislation to ban the sale and consumption of animal skin in Nigeria. In an interview with News Agency of Nigeria (NAN) on Sunday Read More…
Ikorodu business is alive and wants the whole world to know. After all, it has been home to many industries both large and small, including Ragolis, the table water enterprise. Now, the Ikorodu Chamber of Commerce and Industry (ICCI) is organising its maiden trade fair, ”Ikorodu Division Expo (IKODIV Expo 2021), to explore business opportunities Read More…
By Nkanu Egbe Take a walk into a clothing shop in the United States, check the labels on their garments and you will see “Made in Turkey”, “Made in China”, “Made in Nigeria” … Made in Nigeria? Yes! Unknown to many, Nigeria exports first-grade textiles and garments to Europe and the United States. The numbers Read More…
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has recovered and paid into the Federation Account more than N474 million from Guinness Nigeria Plc unremitted excise duty. The Public Relations Officer of RMAFC, Mr Christian Nwachukwu made the disclosure in a statement on Monday in Abuja. According to the statement, the commission’s Chairman, Mr Elias Read More…
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to prevail on electricity distribution companies to regularise the varying costs of electricity tariffs across the states of the country. Mr Mansur Ahmed, President, MAN, made the call in a statement on Friday in Lagos. Ahmed said that the appeal for uniformity in Read More…
The Lagos Chamber of Commerce and Industry (LCCI) has called for inclusion and engagement of the Organised Private Sector (OPS) in the Economic Sustainability Plan (ESP) Committee for economic recovery during and after COVID-19 pandemic. Mrs Toki Mabogunje, LCCI President, made the call at the Chamber’s third edition on the state of the Nigerian Economy Read More…
