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The Manufacturers Association of Nigeria (MAN) said utilisation of local raw materials in the country has steadily increased over the past three years, hitting 63.21 percent in 2017, due to increasing government support for backward integration.
The new excise duty for alcoholic beverages and tobacco earlier approved by President Muhammadu Buhari will take effect from Monday, June 4, says the federal government.
Dr Frank Jacobs, President, Manufacturers Association of Nigeria (MAN), said discussion was ongoing with the Federal Government to revatilise moribund textile factories in the country.
Former President Olusegun Obasanjo has decried the failure of President Muhammadu Buhari to sign the Africa Continental Free Trade Area agreement, expressing hope that he will change his mind before it is too late.
The Manufacturers Association of Nigeria (MAN) Wednesday called on the Federal Government to be cautious in making binding commitments on the African Continental Free Trade Area (AfCFTA).
The Manufacturer Association of Nigeria has appealed to the Lagos State Government to reverse its current increment of land use charges to ensure the survival of the manufacturing sector.
Nigeria’s Minister of Power, Works and Housing, Babatunde Fashola, says Nigeria’s power generating companies (GenCos) are now able to produce 7,000MW.
As the Niger Delta Avengers threatens to resume fresh attacks on oil facilities in Nigeria, the Manufacturers Association of Nigeria, the Lagos Chamber of Commerce and Industry and others have said such action would have a grave impact on the nation’s economy and its people.
Local manufacturers lost an average of $3 billion annually due to the preference of Nigerian government and consumers for foreign goods, president, Manufacturers Association of Nigeria (MAN), Dr. Frank Jacobs, has said.
According to the Manufacturers Association of Nigeria (MAN), integrating local producers in the value-chain through policy frameworks will help revive the ailing sector as well as promote job creation efforts of the real sector.
The Federal Government on Monday said it would spend the N100bn to be raised from the issuance of the Sukuk Bond for the reconstruction and rehabilitation of 25 arterial roads.
The realisation that the 3-0 thumping by Croatia — complete with comedy first goal — had left the mighty two-time winners on the verge of a humiliating exit, left some of their fans in tears.
Former militant leaders from the nine states of the Niger Delta region under the First phase of the Presidential Amnesty programme have thrown their weight behind the leadership of Prof. Charles Dokubo as the coordinator of the programme.
Vietnam has arrested four senior oil executives on allegations of abuse of power, in the latest arrests to target the country’s corruption-plagued energy sector.
Ahead of the Super Eagles big clash against Iceland Friday, Stock City midfielder Oghenekharo Peter Etebo has revealed in a recent interview that Nigeria don’t lack goalscorers.
The Department of State Services has arrested the Senator representing Abia South in the Senate, Senator Eyinnaya Abaribe.
Two people were hurt in a town in southern France on Sunday when a veiled woman shouting "Allahu akbar" (God is greatest) attacked them in a supermarket with a boxcutter knife, prosecutors said.
Leaders of terrorist group, Islamic State, are sneaking battle-hardened jihadis from Syria into Nigeria to train terrorists for possible attacks in Britain.
The National Agency for Food, Drug Administration and Control, has proposed a stiffer penalty for drug counterfeiters in the country to serve as deterrent to others.
The 17th Matriculation Ceremony of the National Open University of Nigeria (NOUN) has been scheduled for Saturday, June 23, 2018.
Antoine Griezmann has signed a new five-year contract at Atletico Madrid. His new deal ends any hope of Premier League clubs landing the Frenchman’s signature this summer.