Economy



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    Sun Certifies Dana Plast

    DANA Plastic Limited, one of Nigeria's leading plastics manufacturers, recently received the Standards Organisation of Nigeria (SON) Silver Certificate in recognition of its products' conformity with the Nigerian Industrial Standards (NIS).

    When OPS Doubts FG’s Commitment to Manufacturing Sector

    PERHAPS, the best way to interpret  the attitude of the nation's organised private sector(OPS) to government's policy pronouncements is they are no longer worth reacting to, as they quickly  end up as mere rhetoric. This is just the way its members are reacting to the recent statement by the federal government that it has introduced new measures to strengthen the manufacturing sector for growth.

    Ohakim Advocates Diversification of IGR Sources

    GOVERNOR Ikedi Ohakim of Imo State has advocated for the expansion of Internally Generated Revenue (IGR) sources other than taxation in view of the attendant difficulties experienced in the global economy.
    He said that taxation is central to infrastructural development, recalling that in the colonial days specific companies were established to pursue investments for the regions.

    Lagos State 2010 Budget to Focus on Infrastructure

    LAGOS State government will spend N429.596 billion as the state's 2010 Budget with assurance that the amount will be used to complete and consolidate all projects and programmes already on-going while only viable new initiatives will be undertaken.

    2009 Edition of Lagos Fair was a Success – LCCI

    THE 2009 edition of the Lagos International Trade fair, which ended last week, was successful, according to the organizers, the Lagos Chamber of Commerce and Industry (LCCI). It said that renown names like John Holt, Akira, PZ, Dunlop, Michelin were there, just like lesser known companies like Winners Pharmaceuticals, Radof Limited and Goodrich Industries Limited also showcased their products and made great sales.

    Commodity: Zimbabwean Farmers Turn to Nigeria

    WHEN white Zimbabwean farmer Irvin Reid arrived in Nigeria almost five years ago, he was given a set of grid references in the remote bush and told to find water and build a new farm.

    The Cocoa Price Movements for Oct

    IN October, the ICCO daily price averaged US$3,373 per tonne, up by US$230 compared to the average price recorded in the previous month (US$3,143), and ranged between US$3,099 and US$3,520.
    Despite two corrections, cocoa futures prices continued to follow a rising trend in October until the fourth week of the month.

    Nigerian Economy: IMF/W’Bank Approves Current Reforms

    DR Mansur Muhtar,  minister of finance, has stated that the Nigerian team is in Istanbul to pursue broad based goals that will enable the country achieve macro economic stability that will help Nigeria derive the maximum benefit of its membership of the Bretton Wood multilateral Institution.

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