Nigeria’s  new fertilizer Act to protect investments in the industry

  ‘’The new National Fertilizer Quality Control (NFQC) Act and Regulations was enacted to protect the interests of local farmers against nutrient deficiencies, adulteration as well as the investments of fertilizer industry players’’. The notable investors in the industry includes Indorama, Notore, Brass Fertilizer, and the upcoming Dangote Fertilizer. The Chairman, House Committee on Agricultural […]

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Floods disrupt operations in Flour Mills’ Sugar Estate 

  Sunti Golden Sugar Estate (SGSE), owned by Flour Mills, has suffered some disruptions to its operations as floodwater breached the Sugar Estate. This information was gathered by Nairametrics from a notification sent to the Nigerian Stock Exchange and signed by the Company’s Secretary, Umolu Joseph. The largest miller by market capitalization, explains that the floods were […]

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LCCI: Non-availability of the gazetted copy of CAMA 2020 is affecting business activities in Nigeria

    “We urge the National Assembly and other relevant agencies of government to expeditiously gazette the Company and Allied Matters Act (2020), and make copies available to the public.    “The Lagos Chamber of Commerce, and Industry(LCCI) made this appeal to the Federal Government in a position paper on the  revised CAMA 2020 which was assented […]

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Zadara backs the Nigerian government’s local content policy of storing sensitive data locally 

In Summary * Storing citizens  Data in the Public Cloud outside Nigeria creates the problem of Data Protection since data stored in the public cloud is exposed to Cyber and Ransomware attacks.  *The existing Local Service Providers are unable to effectively Store Data not to mention Protect Stored Data * Only GalaxyBack Bone, MainOne and RackCenter are […]

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FG Honours MAN with Extra Mile Award, see why

By Industrial Digest The Manufacturers Association of Nigeria(MAN) has been honoured with an Extra Mile Award, by the Federal Government of Nigeria. Dr .Nasir San- Gwaezo, the Permanent Secretary, Federal Ministry of Industry, Trade and Investment, who presented the Award, said ” “The Award was in recognition of the Association’s patriotic service rendered in the […]

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Nestlé to plant 3 million trees by 2023 in Malaysia

Nestlé today announced it will plant three million trees through Project RELeaf in Malaysia. Nestlé will invest CHF 4 million in the next three years. This announcement is part of Nestlé’s broader reforestation initiative. It will help accelerate the company’s global pledge to address climate change and achieve zero net greenhouse gas emissions by 2050. Chris Johnson, […]

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How govt can make local steel industry grow ― Nourelddine, Standard Metallurgical chief

  Hussein Nourelddine, General Controller of Standard Metallurgical Company Limited, speaks on the sale of its steel plant assets to KAM Steel, an indigenous iron and steel products manufacturing company. Noureddine also urged the Federal Government to encourage patronage of local products in the industry. Excerpts: KAM Steel recently acquired the steel plant assets of […]

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The Exodus Of Chinese Manufacturing: Shutting Down “The World’s Factory”

  It’s not breaking news that manufacturing is leaving China. Over the last twenty years, Chinese manufacturing has dominated over the rest of the world. This was driven primarily from optimized shipping lanes and extremely cheap labor rates by way of government subsidies. These two benefits made enough sense financially for brands to withstand quality […]

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