Stakeholders worry about attracting new investments over insecurity
Stakeholders and operators in the oil and gas industry have expressed concerns about safety of assets within Nigeria and offshore, especially with renewed pipeline vandalism and kidnapping of crew members of a Very Large Crude Carriers..
Border closure bites harder, hobbles local production
Mid August, barely three months after signing the African Continental Free Trade Agreement (ACFTA), Nigeria initiated a partial border closure, which it later escalated to full closure.
Manufacturers offer mixed reactions to continued border closure
Mixed reactions have continued to trail the sustained closure of the nation’s land borders, especially among operators in the manufacturing sector, with some supporting...
Nigeria’s economy still imbalance, weak in inclusion at 59
Despite the government’s diversification agenda and push for non-oil sector growth, members of the Organised Private Sector (OPS) have described the mounting imbalance in the structure of the economy since independence, as underscoring the growing decline in the non-oil sector productivity.
MAN, LCCI want economic team to review, harmonise policies
The Manufacturers Association of Nigeria (MAN) and Lagos chamber of Commerce and Industry (LCCI) have asked the Economic Advisory Council (EAC) set up by President Muhammadu Buhari to comprehensively review current policies that drive government’s actions and urgently..
‘Non-oil export at stake over continued border closure’
Members of the Organised Private Sector (OPS), including manufacturers and the Lagos Chamber of Commerce and Industry (LCCI), have decried continued closure of the nation’s border for a drill, citing that goods meant for export to other regional markets were trapped on the corridor.
‘Why oil vandals outsmart protection techniques’
The continued vandalisation of oil assets in Nigeria has again raised questions about the integrity of such facilities and the most efficient ways to safeguard them.
SON, customs bicker over products examination at ports
The Standards Organisation of Nigeria (SON) has stated that the directive by the Federal Government that the Nigeria Customs Service (NCS) should always invite it for the daily cargo examination at the various terminals at the nation...