Specialists, association suggest ways to make cocoa highest forex earner in Nigeria

♦      Breeders, farmers advocate return of modified cocoa boards COCOA Farmers’ Association of Nigeria (CFAN), breeders and administrators have challenged the government to revive cocoa production as a top foreign exchange earner with proactive interventions. The proactive interventions, they argue, include a modified coordinating board, structured investments, adoption of latest high-yielding varieties, seed […]

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Reasons Eleko community willing to sell their land to Dangote

  LANDLORDS and property owners at Eleko area of Ibeju-Lekki, Lagos State, are excited over plans by the Dangote Group to acquire the land for the expansion of its petroleum refinery and fertilizer  plants. In a public conversation, some of the landlords and property owners, said they welcome move by Dangote to acquire the place, […]

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Unilever Nigeria appoints Carl Cruz as Managing Director

The Board of Unilever Nigeria Plc has appointed Carl Cruz as its new managing Director. In a statement by Soromidayo George, Director, Corporate Affairs & Sustainable Business, Unilever, Ghana & Nigeria, said “Cruz takes over the management and leadership of the company effective 1st February 2020.” He comes with extensive career in Unilever D & […]

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FG Plans to Convert Abuja Idu Industrial Center to Wood Cluster 

The Director -General, Small and Medium Enterprise Development Agency of Nigeria (SMEDAN), Dr. Dikko Umaru Radda, has disclosed the federal government’s plans to convert the Idu Industrial Centre located in Abuja, to a furniture and wood enterprise cluster. The initiative is expected to help reduce foreign exchange leakages from furniture imports. He noted that a […]

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Manufacturing sector struggling despite CBN’s support –LCCI

The Lagos Chamber of Commerce and Industry (LCCI) has lamented that the country’s manufacturing sector is still struggling in terms of growth even as the biggest beneficiary of the Central Bank of Nigeria’s (CBN) support to the real sector of the economy. The Director-General of LCCI, Muda Yusuf, made the disclosure in Lagos during LCCI […]

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Pharmaceutical manufacturers in Nigeria demands N1bn compensation from govt for codeine seizure

“As far as the pharmaceuticals industry is concerned, you are aware of the ban by the Federal Government on cough syrups containing codeine. “That ban is affecting the country’s pharmaceutical industry especially companies that manufacture codeine or Benylin cough syrups. As we speak, government is holding on to finished products of codeine worth N1 billion […]

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Shacman sends GM to Nigeria, mulls CKD assembly plant

  AS the popularity of heavy duty vehicles continues to spread in Nigeria through the efforts of its franchise company, Transit Support Services Ltd (TSS), there are indications that the Chinese manufacturer is desirous of consolidating on the remarkable success so far achieved by the brand. Part of the plan is the expansion of the […]

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Chemical & Pharmaceutical sector now top in manufacturing jobs in Nigeria – MAN

  CHEMICAL and Pharmaceutical sector is now the biggest employers in the manufacturing industry in Nigeria, said Manufacturers Association of Nigeria (MAN). Before now, it used to be Food, Beverage and Tobacco sectoral group. DATA on employment created in the manufacturing sector released by MAN, weekend, showed that the ten sectoral groups employed a total […]

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