The Federal Government on Wednesday said it is planning to introduce tax relief for the manufacturing sector in order to ease the burden of the economic recession. The Minister of Finance, Kemi Adeosun, said this on Wednesday in Abuja while responding to questions from journalists at the end of the Federation Account Allocation Committee meeting.... Read More

Federal Government, Manufacturers, recession, Tex relief

November 15, 2016

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Calvin Ebun: Should major car makers focus on Africa?

by Calvin Ebun Major car makers are keen to grow stronger roots in Africa. Talks with different African states authorities continue as internationally renowned car manufacturers adapt to the surge in demand from African governments for local manufacturing plants. The demand has intensified as some commodity dependent African states are looking to diversify their economies. The African Association... Read More

African Association of Automotive Manufacturers, cars, Kenya, Manufacturers, Nigerian Automotive Industry Development Plan, Thomas Schäfer

September 9, 2016

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‘Times are tough’ | Cement price to increase further

Cement manufacturers have warned of yet another increase in the price of the commodity due to the inability to access foreign exchange, and the further devaluation of the naira. Addressing shareholders at the 37th Annual General Meeting (AGM) of the Cement Company of Northern Nigeria (CCNN) in Abuja on Thursday, the Chairman of the company... Read More

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Alhaji Abdulsamad Rabiu, CBN, CCNN, cement, Forex, Manufacturers

August 16, 2016

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We must avoid mistakes of the past – Buhari

President Muhammadu Buhari has said that Nigeria must avoid the mistakes of the past. He said Nigeria as a country recognized her problems early enough, but remained potential for too long, and so did not achieve much results. The President spoke Tuesday at State House, Abuja, while receiving Executive Members of Association of Africa Automotive... Read More

The News Blog

Association of Africa Automotive Manufacturers (AAAM), Investors, Manufacturers, Mistakes of the past, president buhari

September 18, 2014

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Why manufacturers are now looking for alternative sources of energy

by Ugo Okeke Minister of Power Chinedu Nebo has announced that the government would not be able to deliver 10,000 megawatts of electricity by December this year as targeted, and that the new deadline has been set to the first quarter of 2015. This raises fear that Nigeria is still far away from becoming self-sufficient... Read More

The News Blog

Asian firms, Chinedu Nebo, Dangote Cement Plc, Electricity, Gboko plants, Ibeshe, Manufacturers, Minister of Power, Obajana, Ogun State

Recession: Manufacturers to get tax relief – FG

Calvin Ebun: Should major car makers focus on Africa?

‘Times are tough’ | Cement price to increase further

We must avoid mistakes of the past – Buhari

Why manufacturers are now looking for alternative sources of energy

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