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THE year 2010 may not be a better time for the nation’s manufacturing
sector currently smarting from the effects of the inclement business
environment that has prevailed in the country since the last two
decades. Why? Because nothing has changed. Instead of getting better,
things will get even worse for the sector as critical indicators have
revealed.
WITH only six years until the 2015 deadline to achieve the Millennium
Development Goals, UN Secretary-General Ban Ki-moon chose these words
to strongly urge governments to engage constructively in the
preparations for a high-level meeting in September 2010 to review
progress towards the MDGs and other international development goals.
AGGRIEVED workers of Unilever Nigeria Plc may drag the company to court
early next year if the federal government fails to compel the
management of the company to reverse their dismal according to
BusinessWorld Intelligence.
Capital Flight: China to Invest in IPP
- By Pearl Ngwama
- Published January 5th, 2010
- Economy
- Unrated
CHIEF Matthew Uwakwe, chief executive officer of Nigeria-China Business
Council, has disclosed the intention of the council to boost the
Nigerian economy by bringing in the Chinese to invest in Independent
Power Project (IPP).
IN 2010 world grindings of cocoa beans, a proxy for world cocoa
consumption, would amount to 3.6 million tonnes, reflecting an average
annual increase of 2.1 percent from 2.8 million tonnes during the base
period.
CASHEW nuts processors currently buying nuts in Coast province expect
business to boom this season following a government ban on the export
of raw cashew nuts.
THE December deadline promised by the federal government to generate
6,000 megawatts of electricity supply may have eventually been a mirage
as only 3,500 megawatts have so far been generated.
The indication to this was disclosed by Dr Olanrewaju Babalola , minister of power, in an interactive session with journalist during his official visit to Gereku power station located at Ajaokuta, Kogi State, recently.
The indication to this was disclosed by Dr Olanrewaju Babalola , minister of power, in an interactive session with journalist during his official visit to Gereku power station located at Ajaokuta, Kogi State, recently.
THE Bank of Industry (BOI) has disbursed N2 billion under its cooperative lending scheme to assist Nigerian women.

Economy
