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13,000 families to receive N5,000 monthly stipend in Anambra
GIAIM targets windows in new empowerment scheme
Accolades as ‘Papa Ajasco Reloaded’ premieres
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SubscribeExperts warn: Auto industry risk collapse if…
THE Nigeria automobile industry may collapse finally unless Federal Government and stakeholders in the sector chart a leeway for the ailing sector. This was the submission of Dr. Oscar Odiboh, an Automotive Communication Consultant and Senior Lecturer at Covenant University, Otta, Ogun State who was the guest lecturer at the monthly industry forum of the Nigeria Auto Journalists Association in Lagos.
A-Court to determine Melaye’s fate
The Abuja Division of Court of Appeal has assumed jurisdiction to determine whether or not the Independent National Electoral Commission, INEC, should go ahead with the process for the recall of Senator Dino Melaye.
One tonne European pick-ups set to invade Nigerian market
ANY moment from now, some European-made one tonne pick-up trucks will be entering the Nigerian market to challenge the Japanese and American brands which have dominated the market for some decades. Information available to Vanguard revealed that not less than three European made brands of pick-ups will be introduced into the market by Peugeot Automobile Nigeria, Weststar Associates, representative of Mercedes Benz and Fiat Chrysler in Nigeria by the first quarter of next year.
Artistes storm Abuja as Mallam Yankee floats nightclub
ABUJA will this Friday, ABUJA will this Friday, September 29, witness a massive gathering of various A-list artistes in the nation’s capital as Mallam Yankee, also known as the Jagaban of entertainment, floats a world class club called ,‘The Switch.’The switch, believed to be setting a new standard in nightlife activities in Abuja is located at Dabras Hotel, Amino Kano Crescent, Wuse 2.
Nigeria’s 2030 market outlook spurs Dow’s investment
THE Dow Chemical
Company, the largest polyethylene, resin and adhesives producer in the world, says Citigroup’s snapshot of Nigeria’s 2030 economic outlook has spurred its investment in the country, especially in the plastics packaging sector of the economy.
Alessandro Corticelli, the company’s Sales Director, Adhesives Middle East Africa and Turkey, MEA&T, disclosed this in an interview with Vanguard during Dow’s West Africa Customers Day, held in Lagos.
He said: “We want to be the market leader. The Nigerian economy is going up and down like other economies but there is an estimate from Citigroup that between 2030-50, the Nigerian GDP will be the largest growing one in 40 years.
“So, Nigeria is pointing to be what Germany and Japan had been after World War 2. They started from middle-level and then a boom. That is what the bank said. So, in our perspective, we would like to be a leader of a much larger market in terms of packaging knowledge and infrastructure transfer.
“The company opened office in Nigeria two years ago, and it was a shared office; shortly after, we moved to a new office building; so, we are building our presence in the country.”
Fielding questions on rejection of Nigerian export products in Europe and America, due to poor packaging, he said: “I’m not surprised that Nigerian exports are rejected abroad. Although the country is developing, yet the level of sophisticated packaging here is not the same as in Europe. But the packaging industry here is progressing and getting better.
“Since I started dealing with this region four years ago, I have seen packaging changing in the last four years because of Dow’s presence but we are not the only reason for things getting better in the packaging world. There is process of sophistication in the industry-when you go around digital world, there are other players in the industry with more expensive and sophisticated production links. So, Nigeria market is improving on packaging.”
Nigeria’s 2030 market outlook spurs Dow’s investment
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