Business

18 Years After: RMAFC moves to review president, governors, lawmakers’ pay

18 Years After: RMAFC moves to review president, governors, lawmakers’ pay

By Babajide Komolafe, Economy Editor The Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, has completed the review of the remuneration of political office holders, 18 years after their salaries were last reviewed by law, saying the proposed new remuneration and revenue allocation Bills will reach the National Assembly before the end of the year. Chairman […]
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FG urged to sustain 35% duty on crude palm oil

FG urged to sustain 35% duty on crude palm oil

Stakeholders at the just ended International Palm Produce Conference (IPPC) have urged the Federal Government to maintain the 35 percent duty on imported crude palm oil.

FG, BOA sign N2.4bn MoU on cassava bread development

FG, BOA sign N2.4bn MoU on cassava bread development

As efforts continues to intensify to make cassava bread a household staple, the federal government and the Bank of Agriculture, BOA, at the weekend signed a N2.4 billion Memorandum of Understanding, to facility the processing of cassava flour for self-sufficiency in cassava bread production and consumption.

Bende-Belcarbon trains exporters on raw materials sourcing

Bende-Belcarbon trains exporters on raw materials sourcing

Bende Export-Import Limited and its foreign partners have been building the capacity of local producers and exporters of charcoal on raw materials sourcing.The foreign partners are Bende-Belcarbon ,Belgium and GSC Bende- Belcarbon, France.

NPA now indifferent about ports operations, say agents

NPA now indifferent about ports operations, say agents

A week after the protest by clearing agents which grounded operations at the Tin Can Island Container Terminal (TICT), agents have accused the management of Nigerian Ports Authority (NPA) of being jobless and only interested in collecting money.

Customs unprepared for destination inspection, NCMDLCA alleges

Customs unprepared for destination inspection, NCMDLCA alleges

National Secretary of the National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Uchu Block, has warned operators in the maritime industry to brace up for problems ahead because the Nigeria Customs Service does not have all it takes to effectively operate the destination inspection scheme.

OPS protests proposed CEMA bill

OPS protests proposed CEMA bill

THE Organised Private Sector (OPS) has opposed the passage of the proposed Customs and Excise Management Act (CEMA), saying that “the proposed law is against all known international trade conventions.”

For parents of university students

For parents of university students

A university student graduating from a four-year programme would be expected to have acquired the body of existing knowledge that would serve him/her in his/her workplace.

FG to empower 50,000 graduates in 2015

FG to empower 50,000 graduates in 2015

The Federal Government has stated that it will empower 50,000 graduates by the year 2015, with quality work experience under the Graduate Internship Scheme, GIS.

Energy infrastructure  to get $50m boost

Energy infrastructure to get $50m boost

The Alternative Investment arm of Old Mutual Investment Group, said it will stake $50million under the Nigeria Infrastructural Development Fund effect from next year.

Public misgivings on insurance due to ignorance —Jos Monarch

Public misgivings on insurance due to ignorance —Jos Monarch

The Gbong Gwom of Jos, Da Jacob Gyang Buba, has said that much of the public misgivings about the insurance industry in Nigeria are due to ignorance and lack of proper understanding of insurance mechanism as a tool of risk management by the people.

Fake marine policies to ease out next year —NIA

Fake marine policies to ease out next year —NIA

The Nigerian Insurers Association, NIA, said it is putting modalities in place to ensure a smooth take-off of the marine insurance module of the Nigerian Insurance Industry Database, NIID, by first quarter of 2014.

Lagos plans to boost fish farming

Lagos plans to boost fish farming

Following discovery of inadequate markets as the major key challenge impeding government’s efforts especially in Lagos in local fish production, Lagos state government has concluded plans to build more markets to existing ones aimed at boosting fish farming.

Reforming policies, regulations to unleash agricbiz potential

Reforming policies, regulations to unleash agricbiz potential

The Alliance for a Green Revolution in Africa (AGRA) has come up with a five-year initiative –Micro Reforms for African Agribusiness (MIRA) – that seeks to increase incomes of smallholder farmers through the creation of an enabling policy environment in Africa.