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Published 11 May 2021
The Lagos State Ministry of Energy and Mineral Resources says the residents of Lagos get just 1000 megawatts of power supply for not more than 12 hours on the average daily.
A document, The Electricity Policy Consultation Paper, released by the state recently stated that energy supply was Lagos’ single biggest infrastructural and developmental challenge.
It also disclosed that the Lagos State Electricity Board found that 15,000MW of the estimated 45,000MW of alternative power supply in Nigeria were generated within Lagos.
The ministry said it was developing an Integrated Resource Plan that would meet future electricity demand by establishing the availability of fuel and electricity generation resources in Lagos.
Forex, COVID-19 forced 415 firms out of production – MAN
Published 10 May 2021
The foreign exchange restriction by the Central Bank of Nigeria and the COVID-19 pandemic forced 415 companies to stop manufacturing in the last one year, the Manufacturers Association of Nigeria has said.
The Director-General, MAN, Mr Segun Ajayi-Kadir, lamented that supply-side constraints, such as the traffic logjam at the ports slowing down access to imported raw materials, had hampered the growth of manufacturing in the country.
According to him, other challenges are infrastructure, including power transportation acquisition of lands, the multiplicity of taxes and levies from different tiers of government, and inconsistent government policies.
Press zooms in on petition to President Buhari to stop escalating insecurity in Nigeria, others Nigeria-Press-Review May 10, 2021 to 10:10 500 APA – Lagos (Nigeria) The petition to Nigerian President by a coalition of 127 CSOs under the Joint Action Civil Society Coalition/Nigeria Mourns Secretariat to, as a matter of urgency, stop the escalating insecurity in Nigeria is one of the trending stories in Nigerian newspapers on Monday.
The Guardian reports that after what appears a lull in Civil Society Organisations (CSOs) activism in the country, a coalition of 127 CSOs under the Joint Action Civil Society Coalition/Nigeria Mourns Secretariat, yesterday, petitioned President Muhammadu Buhari to, as a matter of urgency, stop the escalating insecurity in the country.
May 8, 2021
From (5th ) right Vice president Western Zone, Manufacturers Association of Nigeria (MAN) ,Mr Samuel Kolawole; (6th) right, Chairman, Oyo Osun,Ondo ,Ekiti states branch, Mr Lanre Popoola; Executive secretary of the branch, Mr Nanzing Rimdan and other members of the branch during the 50th anniversary of the body held at the Branch s Secretariat in Ibadan on Friday. Photo: Rukiyat Bakare.
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The Chairman, Senate committee on trade, Alhaji Saidu Alkali has pledged the support of the National assembly towards ensuring legislation in support of industry to promote Nigeria’s manufacturing sector.
He added that the legislation will help in giving support to sectors which according to him will help in developing the economy of the country.