Nigeria Industrial Digest. Industry, Manufacturing Online news Platform
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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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♦ 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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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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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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The Lagos Chamber of Commerce and Industry (LCCI), has elected Mrs. Toki Mabogunje as President for the next two years. This followed the expiration of Mr. Babatunde Paul Ruwase’s tenure, having meritoriously served the Chamber in the same capacity in the last two years. Muda Yusuf, Director General of the Lagos Chamber of Commerce […]
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The Mambilla Beverages Nigeria Limited, a subsidiary of the Taraba Investment and Properties Limited (TRIP) has unveiled Highland Tea and Green Tea, launching it into the Lagos market. It is one of the 25 moribund subsidiaries of TRIP that was revived by Governor Darius Dickson Ishaku. The governor who unveiled the Highland Tea in Lagos […]
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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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The UK Government, through the Commonwealth Standards Network (CSN) and the Global Trade Programme (GTP), has implemented technical training activity on standards development for Nigerian Standards Agencies. The Head of Prosperity, British Deputy High Commission, Mr. Guy Harrison, said the UK government was committed to the partnership with the federal government, to promote an inclusive […]
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If electricity supplied to industries increases to 40,000Gwh within the next seven years, the manufacturing sector’s contribution to the Gross Domestic Product (GDP) is projected to rise to N49.6 trillion with at least 46.59 million jobs created. Estimates from PwC Nigeria, shows that increasing electricity supply to industries has an indirect effect on employment […]
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More than 7,000 dairy farmers including female farmers have been empowered under Friesland Campina WAMCO Plc.’s Dairy Development Programme (DDP) across Oyo, Ogun and Osun States. The Executive Director, Corporate Affairs, Friesland Campina WAMCO, Ore Famurewa, who made this known in Lagos, during the week, said the company’s ambition was to improve the standard of […]
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