By Martha Agas The Federal Government has signed a Memorandum of Understanding (MoU) with the Russian firm, Tyazhpromexport (TPE), the original builders of the Ajaokuta Steel Plant, and members of its consortium in Moscow. The move is part of President Bola Tinubu’s administration’s efforts to resuscitate the steel company andContinue Reading
By Rukayat Moisemhe Stakeholders have called for increased investments in skills development, infrastructure and creative enterprises for Nigeria to fully harness the potential of its creative economy. The stakeholders made the call at the American Business Council (ABC) Creative Investment Forum with the theme: “Innovation Meets Imagination”. The eventContinue Reading
By Mercy Omoike The Federal Government on Wednesday embarked on weights and measures surveillance in Lagos State in a bid to promote consumer protection. The exercise is part of the government’s ongoing multi-sector surveillance across the country. The News Agency of Nigeria (NAN) reports that the surveillance isContinue Reading
By Okeoghene Akubuike The Federal Government, through the Infrastructure Concession Regulatory Commission (ICRC) is set to audit all Public Private Partnership (PPP) projects to ascertain their performance. Mr Ifeanyi Nwoko, Acting Head of Media and Publicity, ICRC, said this in a statement on Wednesday in Abuja. Dr Jobson Ewalefoh, Director-General,Continue Reading
By Constance Athekame The Nigerian Electricity Regulatory Commission (NERC) has transferred regulatory oversight of the electricity market in Kogi State to the Kogi State Electricity Regulatory Commission (KSERC), as announced on its website on Wednesday in Abuja. This decision aligns with the amended Constitution of the Federal Republic ofContinue Reading
By Lucy Ogalue The Federal Government of Nigeria has reiterated commitment to empowering consumers through enhanced standardisation practices, and ensuring access to safe and quality goods and services. Dr Doris Anite, Minister of Industry, Trade and Investment, who made the commitment, commended the Standards Organisation of Nigeria (SON) for itsContinue Reading
By Martha Agas The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has tasked the newly confirmed Deputy Comptroller-Generals (DCG) and Assistant Comptroller-Generals (ACG) on mentoring the service’s personnel. Adeniyi made the call during the investiture of the officers at the service headquarters on Friday in Abuja. The NewsContinue Reading
By Lucy Ogalue The Federal Ministry of Industry, Trade and Investment, through its Weights and Measures Department, has reaffirmed its commitment to curbing the shortchanging of customers in the country. The Permanent Secretary of the ministry, Amb. Nura Rimi, said this when he led a team of directors and seniorContinue Reading
By Salif Atojoko President Bola Tinubu has welcomed the latest report on the country’s trade balance by the National Bureau of Statistics (NBS). According to the report, Nigeria recorded another trade surplus in the second quarter of 2024, hitting N6.95 trillion, which is 6.60 per cent higher than the N6.52Continue Reading
By Joan Nwagwu The Independent Media and Policy Initiative (IMPI), has expressed support for plans by the Federal Government to engage private firms to operate Warri and Kaduna refineries when they come on stream. Mr Niyi Akinsiju, Chairman of IMPI said this while addressing newsmen in Abuja on Wednesday. HeContinue Reading
