India’s factory activity, determined by the Index of Industrial Production (IIP), grew 5.7 per cent in July, the government data showed on Tuesday. For the month, the quick estimates of IIP with the 2011-12 fiscal year’s base stand at 142. In July, the indices of industrial production for mining, manufacturing and electricity sectors stood at […]
From Our Correspondent in Abuja A Presidential aide has challenged trade and industry stakeholders to initiate the right policies and proper implementation of the existing laws to address challenges affecting operation of free trade zones (FTZs) in Nigeria. Special Adviser to the President on Industry, Trade and Investment, John Uwajumogu, stated this at a stakeholders […]
The Vice President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo will on May 22, inaugurate the state-of-the-art fashion industry in Kogi State. The facility, under the National MSME Clinics Shared Facility Scheme, is reputed to be the largest fashion industry in the North-Central Region. Yemi Balogun, Information Officer of Kogi Enterprise Development Agency […]
By Our Correspondent in Abuja The Nigeria Export Processing Zones Authority (NEPZA) says it will attract $20 billion in free zone investment in Delta State. The Managing Director of NEPZA, Prof. Adesoji Adesugba made the pledge at the license presentation of the Delta Special Economic Zone (DSEZ) to the state government, on Wednesday, in […]
Dangote Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to build a cement plant in Itori, Ogun State. The plant will capacity to produce six million tons of cement per annum. Aliko Dangote alongside the Group Executive Director, Strategy, Capital Projects & Portfolio Development, DIL, Devakumar Edwin and China Sinoma Engineering, represented by […]
The Federal Government has earmarked N3.25 billion for the first phase of three industrial parks being planned across the country. Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI), Prof. Mohammad Haruna, announced this when he visited the Commandant of the Nigerian Air Force Institute of Technology (NAFIT) in Kaduna on […]