MMSD decries Importation of Metals, says it’s Killing SMEs in the sector

  The Ministry of Mines and Steel Development (MMSD) has lamented that the importation of metal product into Nigeria, especially those locally produced in the country has dealt a serious blow on the small and medium scale enterprises (SMEs) operating in the sector in the country. “We import all kinds of metal products, even the […]

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Cross River automated cocoa processing factory ready for commissioning

  Cross River Cocoa Processing Factory located in Ikom is scheduled to begin a test run early next year following ninety-five percent work completions by the contracting firm A A Universal. This was disclosed by the Permanent Secretary, Ministry of Agriculture, Pastor Godsgift Ugbe who visited the factory. The processes are being put in place […]

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FAO: 2.8m persons impacted in Nigeria’s N’east

  No fewer than 2.8 million people have been impacted by the United Nations Food and Agricultural Organisation (FAO) in the North-east, the organisation has said. A new publication by the organisation said it has impacted over 400,000 households, with a household average at seven persons; about 2.8 million people have been given a lifeline […]

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Year in review: Issues that raised the blood pressures of Nigerian Manufacturers in 2019

   By Franklin Alli   IN this review of happenings in the Nigerian Manufacturing sector in 2019 and Outlook for 2020, Nigeria Industrial Digest reports that the African Continental Free Trade Agreement (AfCFTA), closure of land borders, including hike in VAT to 7.5 percent, and bad roads, top manufacturers concern.   AFTER  more than a […]

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Pepsi Leaked Mail: We Are Proud of Our Indigenous Products, Say Nigerian Protesters

♦ Demands Legislation to Protect Local soft drinks Nigerians came out in large numbers on Friday to protest against Pepsi MD’s comment where he allegedly said “One company will flourish, one will diminish, and another will finish. B-brand model of business will either become a temptation for anyone who has bit money to start own […]

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AfCFTA: Nigeria Warns It Won’t Allow Smuggling, Trade Malpractices

By Franklin Alli   “WE will not allow smuggling and other predatory trade practices to continue unchecked, as it undermines our economic development efforts and destroys local industries, leading to job losses.” Mr. Niyi Adebayo, Nigeria’s Minister of Industry, Trade and Investment, warned at the AfCFTA National Forum, themed: ‘Effective Implementation for Industrialisation and Inclusive […]

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Japan grants Nasarawa, Kwara $298,000 to boost rice production

  The Japanese government has signed a $298,095 partnership contract with the Nasarawa and Kwara state governments to boost rice production. The project, an initiative of the Nasarawa Agricultural Development Program, NADP and the Tabitha Cumi Foundation will be implemented in collaboration with Toyota Tsusho Corporation and Olam Nigeria Limited, under the Japanese Grant Assistance […]

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Industry minister commissions N1.5bn Wichtech Industries roof tile plant

The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, has commissioned a N1.5 billion roof tile manufacturing plant in Asaba, Delta State. The plant is owned by Wichtech Industries Limited with a capacity to create over 10,000 direct and indirect jobs for Nigerians. The minister expressed hope that the company would help develop […]

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