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TUC tackles Sylva as FG says fuel price pain looms

Punch Newspapers Sections Temiloluwa O’Peters The Trade Union Congress on Tuesday took a swipe at the Minister of State for Petroleum Resources, Chief Timipre Sylva, who told Nigerians to prepare for the pain associated with the increase in crude oil price. Also, the Manufacturers’ Association of Nigeria, the Lagos Chamber of Commerce and Industry and other stakeholders on Tuesday advised the Federal Government to use rising revenue from crude oil to tackle poverty and drive an all-inclusive growth. The groups stated this in separate interviews with The PUNCH while reacting to a statement by Sylva, who earlier on Tuesday warned Nigerians to expect benefits and pain from the rising price of crude oil in the world market.

Mikano unveils flagship Geely models - Vanguard News

Vanguard News Mikano unveils flagship Geely models On Kindly Share This Story: Mr. Mofid Karameh, Chairman, Mikano International Limited (left) and Mr. Richard Adeniyi Adebayo, Minister of Industry, Trade and Investment, during the launch of Geely X7 Sport and Emgrand 7 in Lagos. By Theodore Opara It was an unveiling several notches higher than the usual when Mikano International Limited, exclusive partner of Geely Automotive in Nigeria, hosted dignitaries at the launching/unveiling of Geely flagship models EMGRAND 7 & X7-SPORT. The day was January 21, and place was  ZORYA Place, Victoria Island Lagos. “It took us 10 years to make up our mind on which company to bring into Nigeria so we can be sure to deliver the best to our esteemed customers,” said Chairman and CEO of Mikano International Limited, Mr. Mofid Karameh.

Research institute, firms partner on ginger value chain, exports

[FILE PHOTO] Ginger . Credit: Jam Beverage CompanyTo promote value chain development of ginger as a produce capable of boosting wealth creation, employment opportunities and improved gross domestic product (GDP), the Raw Material research and Development Council (RMRDC) has partnered with two private sector operators to maximize the benefits. The Director-General of the council, Prof. H.D Ibrahim, disclosed, in a statement, that ginger oleoresin is an important secondary raw material in the pharmaceutical, food and beverage industries. “Consequently, the council has collaborated with two companies to promote ginger exportable products,” he said. x According to him, the council identified Belphins Nigeria Ltd, Kafanchan, in Kaduna State, as the only company with the capacity to produce ginger oleoresin in the country as of now, while Tiger Foods Ltd, Onitsha, Anambra State, is identified as a major player in the processing of other ginger v

Osinbajo s unfulfilled promise to end Apapa gridlock – Punch Newspapers

Punch Newspapers Sections The other day, an online news portal, SaharaReporters, reported that, “Nigerians on Twitter have reminded the Vice President, Prof Yemi Osinbajo, not to forget his promise of helping to end the perennial traffic situation on the Apapa Expressway in Lagos.” My initial reaction was, Can he? I just don’t get it. Many of us are of an analytical bent. Has Osinbajo presented any credible proposal, no matter how woolly, to end the decades-old gridlock on Apapa roads and ports? Failing that, has he ever been on record to have aligned himself with or adopted any one of the many unsolicited proposals from individuals and/or organisations. My name does not ring a bell, hence I would drop that of Mazi Sam Ohuabunwa who should needs no introduction. What of the Manufacturers’ Association of Nigeria, both the Lagos and Ogun branches as well as the national body? What of the Nigerian Chamber of Industries Manufacturing Mines and Agriculture?

Daily Trust - Why Nigeria s ginger output is low

One of these is that farmers do not take ginger farming as a serious business. Also, the areas of land cultivated by majority of the farmers were small, until recently. In 2016, ginger farmers cultivated an average of 0.25 hectares. Nowadays, the average farm size is between 0.5 and 1.0 hectre. Ginger, which is a root crop and a typical herb extensively grown across the world for its pungent aromatic under-ground stem or rhizome, is an important export commodity globally, with demand growing in Asia, Europe and America. Ginger cultivation started in the country in 1927 around Kwoi, Kubacha, Kafanchan and Kagarko areas of southern Kaduna State and around the neighbouring parts of Plateau State.

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