Indorama Group, the core investor in Eleme Petrochemicals Limited, Rivers State, has concluded arrangements to invest additional N325.5 billion ($2.1billion) in three new plants at Eleme
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FG to invest levy in local textile industries
February 28, 2012 Comment Off 97 ViewsThe Federal Government has said that it will plough back the 20 per cent levy charged on imported textile materials in the revitalization of the textile industries across the country. Speaking
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Nigerian agriculture still backward –Japanese envoy
February 28, 2012 Comment Off 776 ViewsThe Japanese Ambassador to Nigeria, Mr. Rynichi Shoji, said the Nigerian agricultural sector is yet to be fully functional and therefore needs more effort to revive it. He said the Federal
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Dangote lauds NAFDAC, SON over food regulation
February 27, 2012 Comment Off 107 ViewsDangote Pasta has lauded the regulatory efforts of the National Agency for Food and Drugs Administration and Control (NAFDAC) and the Standards Organization of Nigeria (SON) in sanitizing the
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Bill Gates pledges $200m to boost smallholder farmer productivity
February 24, 2012 Comment Off 34 ViewsBill Gates announced nearly $200m in grants to reinvest in projects aimed at helping smallholder farmers as he called on the big UN food agencies to work together to create a global productivity
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PAN to roll out Chinese ALSVIN cars
February 24, 2012 Comment Off 330 ViewsPeugeot Automobile Nigeria Ltd (PAN) has completed plans to diversify its brand portfolio for to the mass production of the ALSVIN model, a brand of the Chongqing Changan Automobile China. A
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FG pleads with investors to build assembly plants in Nigeria
February 23, 2012 Comment Off 38 ViewsThe Federal government has implored multinationals intending to invest in the Power Sector to build assembly plants in Nigeria. We want to see “Made in Nigeria” on the power components even
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UNIDO has spent $30m on Nigeria-Country Rep
February 22, 2012 Comment Off 39 ViewsThe organization also said it is set to partner the Ministry of Trade and Investment to establish a direction in the development of agri-business industry in the country. UNIDO Country
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Kogi governor wants hydro power plant in Akpa
February 22, 2012 Comment Off 93 ViewsHe said his government was ready to support the projects financially if only to provide the state electricity and urged the Federal Government to establish mini hydro power plants on Ankpa and
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Oil workers fault FG on industry c’ttees
February 22, 2012 Comment Off 35 ViewsThe government had after the protest over subsidy, set up the Petroleum Industry Bill Task Force Refinery Committee and the Nuhu Ribadu-led Revenue Task Force. But Lagos Chairman of PENGASSAN,
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