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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).
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.
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.
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 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.
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.
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.
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.
Despite two corrections, cocoa futures prices continued to follow a rising trend in October until the fourth week of the month.
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.


Economy
