THE Nigerian Maritime Administration and Safety Agency (NIMASA) has entered into partnership with the Nigerian Meteorological Agency (NIMET) and the University of Ife to establish climate observatory centres.

CAPACITY Utilisation in the nation’s automotive industry has dropped from 90 per cent to 10 per cent.
However, in a fresh bid to stimulate activities in the sector, the Federal Government has approved the merger of the National Automotive Council (NAC) and the Centre for Automotive Design and Development Council(CADDC).

The Lagos Chamber of Commerce and Industry(LCCI), has announced its readiness to help unemployed youths to become entrepreneurs. Also, the Industrial Group of the chamber will today brain stormed on “Vision 20:2020, The Industrialist’s Dilemma.”

In this interview with Naomi Uzor, the Managing Director , Intercontinental Distillers Limited (IDL), Mr. Patrick Anegbe, shares his vision for the company and other salient issues.

In this interview conducted by Naomi Uzor, The President of NASME, Dr Ike Abugu urged the Governor of Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi to revive the SME banking

A tractor Assembly plant that will cater for the agricultural equipment needs of farmers has become operational in Abeokuta, Ogun State.

The Manufacturers Association of Nigeria (MAN) and West-Pac Electrical Nigeria Limited, have entered into a strategic partnership to
West-Pac, a subsidiary of West Pac Petroleum Incorporation of the United Statesdeclared that the electricity will be installed in the industrial area within the next four years for the use of manufacturers in Nigeria adding that 400MW will be available before December 2010 and the initial plan is to develop five industrial clusters around Lagos.

THE Presidency and the Senate Committee on Marine Transport are at loggerheads over two separate maritime security bills currently undergoing legislative processes.

DR. Sam Okpokpor, the Delta Head of Service, has urged Nigerian engineers to apply their knowledge to their everyday assignments, irrespective of their positions. Okpokpor was speaking in Asaba on Tuesday at a three-day workshop, organised by the Asaba chapter of the Nigeria Society of Engineers (NSE).

THE House of Repre sentatives on Tuesday ordered the FCT Minister, Malam Adamu Aliero, to revert to the old land charges in the territory.

Clearing agents have alleged that the port charges which were abolished by the Federal Government have resurfaced at the ports.
Mr John Oforbike, the Chairman, Association of Nigerian Licensed Customs Agents (ANLCA), Apapa Port Chapter, told the News Agency of Nigeria (NAN) in Lagos on Monday that most of the charges abolished in 2009 were still being levied by the terminal operators and the shipping companies.

The Managing Director, Associated Investments Microfinance Bank, Lagos, Mr Adeniyi Talabi, has advised Microfinance banks in the country to concentrate on the disbursement of micro loans.

Stakeholders in the Information Technology (IT) sector have been urged to facilitate the development of internet in Nigeria.
The Executive Chairman of Linkserve Ltd, Chief Chima Onyekwere, gave the advice in a statement made available to newsmen on Tuesday in Lagos ahead of the forthcoming Nigeria Digital Sense forum scheduled for Nov 5, 2009 in Lagos.

Flood took over most parts of Lagos today as a result of the early morning heavy downpour.

Dr. Kingsley Moghalu said on Monday that the Central Bank of Nigeria (CBN) needed some degree of flexibility to respond to any financial crises. Moghalu said this in Abuja when the Senate Committee on Banking, Insurance and other Financial Institutions was screening him for the post of CBN”s Deputy Governor. “The CBN needs a degree of flexibility to respond to any financial crisis but it must do so in accordance with the relevant laws of Nigeria.