Home / Industry

Industry

To boost local production, FG plans to rest issuing fish importation quota

Fish Importation

The Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, in Abuja on Tuesday, revealed that the Federal Government is concluding plans to end issuance of fish importation quota to importers. According to him, the practice is becoming burdensome and therefore no longer feasible. In his remarks during a meeting with the Ijebu Development Initiative on Poverty Reduction ...

Read More »

FIRS, JTB deepen move to cage high-income earners, 12 states sign VAIDS

FIRS

The federal government has stepped up its drive to capture several Nigerian high income earners who had been evading taxes as the Joint Tax Board (JTB) and the Federal Inland Revenue Service (FIRS) have started sharing data of high net worth individuals. The key target is to profile income earners and taxpayers in order to get them pay appropriate taxes. ...

Read More »

Sack of illegally recruited 13,780 federal workers in MDAs imminent

Servicom

Contrary to civil service recruitment process, a report has revealed that almost all federal ministries, departments and agencies (MDAs) have been carrying out illegal recruitments in the last couple of years. But latest development from a recent review carried out by the Ministry of Finance on the infractions and employment breaches showed that out of 185 MDAs, 183 had recruited ...

Read More »

Govt., Ghanaian banks on collusion course over planned takeoff of TSA

BOG

Whereas the Ghanaian Vice-President, Dr Mahamudu Bawumia, has reaffirmed the stand of the government, saying “No turning back on Treasury Single Account (TSA) implementation,” Money Deposit Banks (MDBs) operating in the economy has raised issues of fears, saying the policy might cripple their operations; hence they have opted for phased implementation of the scheme. Already, instructions had been issued for ...

Read More »

Niger State: Dangote to pump $450m in 3-year commercial farming drive

Dangote

Barely one week after sealing a multibillion naira deal with government of Kano State in building solar power plant to run industries, leading African industrialist and President, Dangote Group, Alhaji Aliko Dangote, on Monday revealed new investment plan worth $450m in agricultural development in Niger State. The scheme will run in the next three year. Giving the hint during the ...

Read More »

Twist as LCCI picks holes on NASS over N30tn probe of 63 leading firms

Muda Yusuf, LCCI boss

More divisions are still emerging on the best way to handle the trending N30tn infractions allegedly perpetrated by some number of highly respected firms operating in Nigeria. The latest voice is coming from the leadership of the Lagos Chamber of Commerce and Industry (LCCI), who has raised issues with the ongoing probe of about 63 blue chip manufacturing and service ...

Read More »

Why Lafarge is driving COREN collaboration on concrete mix design manual

Lafarge Africa 2

Leading building solutions provider, Lafarge Africa Plc has explained why it partnered the Council for the Regulation of Engineering in Nigeria (COREN) in the research and development of Nigeria’s first concrete mix design manual. Recall that the group was the country’s first commercial concrete manufacturer that contributed to the development of the manual which was launched in Abuja recently. Other ...

Read More »

LAWMA, NBC forge partnership to drive PET bottles recycling

Lawma NBC visit

Lagos Waste Management Authority (LAWMA) recently received a team from Nigerian Bottling Company (NBC), distributors of Coca Cola products in Nigeria, who paid a courtesy visit to the Authority to get acquainted with present waste management practices spearheaded by LAWMA in the state, especially as it concerns PET bottles recycling. In her welcome address, the Assistant General Manager, Administration and ...

Read More »

Lafarge set to add 30MW to national electricity grid next year

Lafarge-Africa-Plc

Logistics and delivery specifications are set for Lafarge Africa Plc’s 30 mega watts of electricity to be channeled into the national grid by 2018. The Manager of Ewekoro plant, Mr. Segun Soyoye,recently noted that Lafarge currently produces 90 mega watts of electricity to power its operations with a target to increase the capacity to 220 mega watts nest year. According ...

Read More »

Ambode says LAWMA still part of waste control framework, floats N50bn bond

LAWMA Tata Trucks (100)

Contrary to trending speculation that the Lagos State Government may have eased out the role of Lagos State Waste Management Authority (LAWMA) in the new Clean Lagos Initiative, government weekend, said the agency is still in charge. While explaining the reasons behind the floating of N50 billion bond to enable it achieve cleaner environment through effective waste management system, the ...

Read More »