MAN confirms Vanguard Newspaper data showing N1.9trn decline in credit to manufacturers

•Lists key drivers, blame high rates, policy gaps By Yinka Kolawole THE Manufacturers Association of Nigeria, MAN, has raised concern over the data generated by  Vanguard Newspaper  showing that banks’ credit to manufacturers contracted by 22.5 per cent, a development the association warned could undermine industrial growth, worsen unemployment and weaken the implementation of the […]
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Olaopa seeks more independence for RMAFC

The Chairman, Federal Civil Service Commission (FCSC ), Prof. Tunji Olaopa, has urged more independence for the Revenue Mobilisation Allocation and Fiscal Commission ( RMAFC) to enable it effectively discharge its responsibilities. To Olaopa, “RMAFC needs significant legislative upgrade to strengthen its independence and enforcement powers. This would help stem the pervasive tide of fiscal […]

EU,GIZ donates 200kW solar facility to SON

By Providence Ayanfeoluwa  The European Union, EU has donated a 200kW solar PV power system to the Standards Organisation of Nigeria, SON. Speaking at the commissioning ceremony in Lagos, Head of Cooperation, EU Delegation to Nigeria and ECOWAS, Massimo De Luca, said the EU and Germany have been working closely with SON to deliver the […]

APC youth group faults Maidoki’s reasons for defection to ADC

The Kebbi APC Youth Vanguard (KAYVA) has described as unconvincing the reasons advanced by Senator Garba Maidoki for his defection from the All Progressives Congress (APC) to the African Democratic Congress (ADC). Speaking on behalf of the group, its leader, Comrade Adamu Ahmed, said the explanations offered by the senator were similar to those he […]

The Strait of Hormuz must stay open

The Strait of Hormuz is the world’s most critical oil chokepoint, and its uninterrupted flow is essential to global stability. Every day, approximately 21 million barrels of crude oil—roughly 21 per cent of global petroleum consumption—pass through this narrow waterway between Iran and Oman. To nickname it a “special international waterway” and treat it as […]

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