Manufacturing investment in Nigeria down 76%

* Engr. Mansur Ahmed MAN President   …Unsold inventory up 43.5% …Capacity utilization drops to 49.5% (Vanguard) THE total manufacturing investment in Nigeria dropped by 76.11 per cent in 2020 to   N118.52 billion from N496.11 billion   achieved in 2019, even as unsold inventory increased by 43.5 per cent within the period.  The unsold inventory represents […]

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Can renewable energy sources meet the demand of manufacturers?

By Franklin Alli In Nigeria, the manufacturing industries rely 40 percent on electricity provided by the government, through the Power Holding Company of Nigeria (PHCN), and 60 percent on alternative sources of energy, especially natural gas, coal, petrol, and diesel-fired generators. The Manufacturers Association of Nigeria (MAN) said that top on the list of challenges […]

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How Nanoemulsion Technology Is Drastically Affecting the Food & Beverage Industry

  PALM BEACH,  Fla., /PRNewswire/ — In the past several years, there has been a steady increase in the global nanoemulsion in the food  & beverage market, and many reports continue to project a continued growth pattern in the next several years. The factors driving the market growth are projected to be the rising demand for […]

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Quality of air, water, land worsened in India’s industrial clusters

State of India’s environment: Quality of air, water, land worsened in India’s industrial clusters A new monitoring mechanism is indicating that industrial pollution levels continue to worsen in India. Down To Earth (downtoearth.org.in), reported that an evaluation of 88 industrial clusters identified by central and state pollution control boards (CPCB and SPCBs) as polluted industrial […]

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SUNREF avails $81m facility to manufacturers in Nigeria for renewable energy projects

By Franklin Alli ” Manufacturers in Nigeria should take advantage of the SUNREF funding facility, which is composed of a €60 million ($70 million) lowcost debt financing, a €9.5 million ($11 million) grant facility for investments in renewable energy and energy efficiency solutions.” SUNREF Nigeria is a USD $70 million credit facility funded by the […]

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Lagos moves against bottled, sachet water producers, seals off factories

  ” Water producers, beverage producers, bottling companies and operators in the water abstraction and production industry must come to terms with the fact that the LSWRC would not shy away from strictly enforcing regulatory provisions in the bid to ensure residents consume only safe and hygienic water.” The Lagos State Water Regulatory Commission (LSWRC), […]

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Mamuda Foods opens new confectionery factory in Kano

  The Mamuda Foods Company, a subsidiary of the Mamuda Group of Companies, has opened a new confectionery factory in Kano State. Speaking at the launch, the Managing Director MD and Chief Executive Officer (CEO) of Mamuda Group of Companies, Mr. Hassan Hamud, stated that, the group has a workforce of over 9,000 personnel, adding […]

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Manufacturers are moving away from plastic packaging to paper materials 

  * Find out why Nestle, Coca-Cola, Mondelez, and P&G are leading the pack     By Franklin Alli IN  the beginning, Returnable Glass Bottles (RGB) were used for many years by manufacturers to package their products. But glass is energy-intensive to produce, heavy to transport, and requires extensive packaging to prevent breakage. Additionally, silica sand […]

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Innovation: Coca-Cola will start selling drinks in paper bottles this summer

Coca-Cola Company has announced that it is testing a more sustainable paper bottle in Hungary, with limited online sales of the product starting this summer. Slash Gear.com reported that the company’s Brussels-based research and development team is working with Danish startup The Paper Bottle Company on this project, with an ultimate goal for bottles that […]

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Why companies and distributors should participate in post -pandemic exhibitions – Joseph Oru

By Franklin Alli IN two and a half months from today,  Zenith Exhibitions, MIE GROUPS’  hybrid exhibition – Connecting Trade Worldwide (CTW) Nigeria 2021 which will be co-located with the industry-leading Equipment and Manufacturing West Africa Exhibition (EMWA)  will take place on April 27-29, at the Landmark Center, Lagos, Nigeria.   In this exclusive chat […]

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