Category: Business

Nasarawa State Governor, Engineer Abdullahi Sule, has identified infrastructure, as major challenge confronting investors in the country. Engineer Sule made this known, Tuesday, in a chat with journalists, shortly after undertaking a tour of a facility owned by the Halibis Industries, a private firm owned by an Indigene of Nasarawa State, operating in Abuja. The Governor, who spoke from his experience […]

Nasarawa State government said it will uplift the standards of the Revenue House, head office of the Nasarawa State Board of Internal Revenue Services, located in Bukan Sidi area of Lafia, the state capital. Nasarawa State Governor, Engineer Abdullahi Sule, disclosed this, Monday, shortly after inspecting the facility, which was recently damaged by heavy rainstorm. The Governor said he undertook […]

Nasarawa State Governor, Engr. Abdullahi Sule has asked for the quick take-off of the Flour Mills Nigeria Plc project, in Toto local Governments Area. Governor Sule said it is important for timely, speedy implementation to be set, as his administration is in a hurry to industrialise the state and to tap from the numerous advantages. The governor said this when […]

MSME Africa, the continent’s  leading news, opportunities, capacity development and resources platform for Micro, Small and Medium Enterprises , Entrepreneurs and Startups ,has celebrated its first anniversary recently. While highlighting the achievement of the platform; the founder of MSME Africa, Seye Olurotimi stated  ‘We are delighted about our modest achievements and we look forward to doing more, within the last […]

The Leadership of the Association of Senior Civil Servants of Nigeria (ASCSN)  had on Tuesday petitioned President Muhammadu Buhari, accusing the Minister of Trade and Investment, the Board Chairman and Managing Director of free zone Authority of desperate attempt to destabilise the free trade zones. In a petition signed by Alade Bashir Lawal, its Secretary-General, the ASCSN said it “forward […]

Prof. Adesoji Adesugba, Managing Director of the Nigeria Export Processing Zones Authority (NEPZA) has risen to calm mounting agitation of the Authority’s workforce over alleged surreptitious attempt to undermine the legal status of the Authority by a report of a Technical Working Group constituted by the Ministry of Industry, Trade and Investment. According to a press release on Wednesday, May […]

Leading investors in Nigerian Free Trade Zones have threatened to commence divestment from the zones and have called on the board of Nigeria Export Processing Zones Authority (NEPZA) to summon a stakeholders’ meeting. A leaked draft report from the Federal Ministry of Trade had proposed to transfer supervision of such private sector investment from Nigeria Export Processing Zones Authority (NEPZA) to […]

By Tersoo Adagher Despite the COVID-19 pandemic and expectations of economic contraction, Dangote Group has navigated the challenges associated with the pandemic to take a lead in contributing to the nation’s economic development ahead of other sectors like the banking industry. Before the outbreak, the outlook for the world economy—and especially developing countries like Nigeria was fragile, as global GDP […]

Minister of Industry, Trade and Investment, Otunba Niyi Adebayo, has reportedly rejected a ministerial committee report on reforms of free zones in Nigeria over emerging reports linking former Vice President Atiku Abubakar to the reform proposals as well as alleged bribery allegations rocking the committee. A ministerial committee had proposed the scrapping of Nigerian Export Processing Zones [NEPZA] while proposing […]

Stakeholders in Nigerian Free Trade System have faulted plans by Federal Ministry of Trade to restructure free trade zones management, calling on the Presidency to reject the proposal from the ministry. “The exercise should be seen as a charade and an attempt to misguide the Federal Executive Council in taking decisions that would jeopardize all the efforts that had been hitherto […]