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Buhari resolves to implement Jonathan’s NIRP report to revive Cocoa industry

Cocoa farm

Considering the observed collapse in the nations Cocoa industry over the years, President Muhammadu Buhari has called for use of the hitherto abandoned Nigerian Industrial Revolution Plan (NIRP) launched by the previous government of President Good luck Jonathan in 2014 to revive the sector. The President made the call in his keynote address to the opening ceremony of the First ...

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Nasarawa sets up food processing zone to tame post-harvest loses

almakura Nas

As part of renewed efforts to support farmers in their quest for food sufficiency, Governor of Nasarawa State, Umaru Al-Makura, on Tuesday, in Lafia said his government has started plans to develop food processing zones in clusters. Explaining how it will work while receiving a preliminary report from the committee instituted for the project, he said creation of the food ...

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N200b Dangote world class Varsity berthing in Abuja soon

Dangote A

Formal expression of interest and documentation of approval processes for the construction of Dangote University in Abuja have begun in earnest, Business Hilights can authoritatively report. Documents bumped upon by our Abuja Bureau Chief on Monday showed that African leading industrialist, President and founder of Dangote Foundation, Aliko Dangote has made up his mind to situate a N 200 billion ...

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To avoid Omatek experience, BoI warns women entrepreneurs over loan abuse

The Bank of Industry (BoI) has commenced disbursement of loans to about 1,000 women entrepreneurs in Plateau State, with stern warning to beneficiaries to avoid diversion or abuse of the facility. Business Hilights recalls that the major problem that pushed former leading indigenous Computer manufacturing group, Omatek Computers managed by late Engineer Florence Seriki was wrong use of loan facility ...

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Osinbajo set to commission fertiliser plant in Edo today

Acting president, Prof Yemi

The Vice President, Prof. Yemi Osinbajo, will today, Tuesday inaugurate the Edo State Fertiliser and Chemical Company Limited in Auchi, Etsako West Local Government Area of the state. A statement issued in Benin, by the Special Assistant to the Governor on Media and Communication Strategy, Crusoe Osagie, on Monday said “Osinbajo, who would be received by Governor Godwin Obaseki, is ...

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NOTAP fails, as banks continue to buy foreign software to run new products

NOTAP logo

Barely two months after announcing in Abuja that it will start refusing the application of banks for foreign software purchases because of the drain on the nation’s foreign exchange reserves, the National Office for Technology Acquisition and Promotion (NOTAP), has failed to implement the policy. Checks by Business Hilights on the origin of several software applications used to power recent ...

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StarTimes plots market control mechanism, considers retraining of staff


At a time there had been rising allegations and counter allegations bordering on unconfirmed cases of victimization and abuse of Nigerian staff by Chinese officials in the company, pioneer digital terrestrial TV group, StarTimes has launched a new policy that will deal on training and retraining staff to deepen service delivery. According to the idea, whereas staff will only cater ...

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FG begins construction in 33 states to boost national housing scheme

Babatunde Fashola

As part of drive to reduce housing deficit in Nigerian which has climbed to 20 million at the end of 2016, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Thursday, said the Federal Government has commenced construction of houses in 33 states for workers under its National Housing Programme. Explaining the development at the sixth meeting of ...

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Common Sense advocate, Senator Bruce to speak at 4th Lagos NIPR summit

Ben B

All logistics have been put in place for the Chairman, Silverbird Group and Founder, Ben Bruce Foundation, Senator Ben Murray Bruce, to deliver the keynote lecture at the fourth Lagos NIPR Stakeholders’ Conference at the Agip Recital Hall, MUSON Centre, on Tuesday August 29, 2017. This was confirmed by the chairman, Lagos NIPR, the flagship branch of the Nigerian Institute ...

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Pensioners kick as Obaseki assures of turning Edo to new industrial hub in 12 months


At a time pensioners in Edo State are gnashing their teeth over pile up of unsettled pension and gratuity arrears, the State Governor, Mr. Godwin Obaseki, has given his commitment to turn the state to Nigeria’s best emerging industrial hub in the next 12 months. While assuring to bring his business development acumen to bear, Obaseki noted that the state ...

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