Business Hilights

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Industry

Dangote to flag off 25, 000 hectares Outgrower scheme in Sokoto Wednesday

All is set for the official flag off pilot project of 500 ha by Gonroyo dam, in Goronyo community, Sokoto State tomorrow by Dangote Rice, a subsidiary of Dangote Group. Gonroyo dam is the second largest in the country, after…

Engineers call for high industrial, workplace safety standards

Following lack of attention to safety of lives and property in industries and among professionals, members of the America Society of Safety Engineers, (ASSE), Nigeria Chapter have pledged to promote safety in Nigeria construction sector. President of the society, Herbert…

Intels boss, Bird lists incentives at Onne Oil & Gas Free Zone to foreign investors

Chief Commercial Officer (CCO) of Intels Nigeria Limited, major concessionaire at the zone, Mr. Patrick Bird, has opened up on the volume of investment incentives abound in the Onne Oil & Gas Free Zone. A statement by Intels issued Monday…

Food, beverage prices jumping exponentially since FG mulled price control

Investigations since the beginning of the year by Business Hilights have shown that prices of food stuff and beverages had been on upward trend without any signal of dropping any time sooner. This may have prompted the federal government to…

FG’s N51bn to revive textile industry not enough—Igboanugo

Experts have started reacting to the recent discovery that the Federal Government has set aside the sum of N51bn in this year’s budget to promote the development of the garment and textile industry in the country. The allocation is part…

EU’s export ban on beans, others hobbling farmers export target

Whereas Nigerians are still divided on why Chief Audu Ogbeh is still seating as the Minister of Agriculture instead of resigning for not being able to effect the needed institutional corrections in the way and manner beans and related agricultural…

LCCI set to review Nigeria’s economic outlook in a seminar in Lagos

All is set for the 2017 review of the nation’s economic outlook by the Lagos Chamber of Commerce and Industry (LCCI) in Lagos on Thursday. Details obtained from the body’s website said the Economic Review & Business Outlook Seminar will…

Industry

42 days left to enter your project in Awards competition

The management of the leading indigenous cement solutions provider, Lafarge Africa Plc., has disclosed that the 5th International LafargeHolcim Awards will close on March 21, 2017 at 14:00 UTC. In a statement, it said the USD 2 million competition seeks…

Special incentives coming for foreign investors in agric, power, industry—Udoma

The Minister of Budget and National Planning, Senator Udo Udoma has told a team of foreign investors that the federal government is ready to consider special incentives for any set of foreign investors venturing into agriculture, power, oil and gas…