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Sugar tax’ll worsen manufacturers’ plight — CPPE

The Centre for the Promotion of Private Enterprise (CPPE) has warned that renewed calls for a sugar tax on non-alcoholic beverages could hurt Nigeria’s manufacturing sector, threaten jobs and slow the country’s fragile economic recovery. In a statement, CEO, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing […]

BUA Cement to expand Sokoto plant with $240m investment

BUA Cement Plc has unveiled plans to construct a state-of-the-art 3-million-tonne-per-annum cement line in Sokoto, in a $240 million project that reflects the company’s commitment to scaling production capacity and supporting West Africa’s infrastructure ambitions. The new facility, to be delivered in partnership with Chinese engineering and construction firm CBMI, will bring BUA Cement’s total annual […]

Nigeria to end fertiliser import amid domestic production boost

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has signaled that  fertiliser imports will end as private-sector expansion positions Nigeria as a hub for value-added oil and gas products. Chief Executive of NMDPRA, Saidu Mohammed, made the disclosure during a facility tour at Indorama Eleme Fertiliser and Chemicals Limited in Eleme Local Government Area of […]

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