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Page 15 - உள்கட்டமைப்பு சலுகை ஒழுங்குமுறை தரகு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

FG Mulls Policy to Earmark Procurement Contracts for Women

James Emejo in Abuja The Minister of State for Industry, Trade and Investment, Mrs. Mariam Katagum, has said that the federal government is currently working on a policy that will earmark a certain percentage of public procurement for women owned businesses. She also said all MSME groups and individuals would be granted level playing ground to apply and access government funding initiatives, particularly the MSME Survival Fund. The minister spoke while she received the executive committee members of the NECA’s Network of Entrepreneurial Women (NNEW) Abuja, led by its Chairperson, Mrs. Amina Zanna Ibrahim, on a courtesy visit to her over the weekend.

FG promotes participation of private sector in national assets management

Share The Federal Government on Tuesday said it was keen on promoting private participation in the management of some national assets to unlock their immense potential value. Speaking at an investors forum, the Minister of Industry, Trade and Investment, Chief Niyi Adebayo who spoke  for the Tafawa Balewa Square (TBS), Lagos, International Trade Fair Complex (LITFC), Calabar and Kano Free Trade Zones, said this informed the Federal Government decision to carry out general reforms by way of concession for both the TBS and LITFC. He said the government has established a significant number of incentives to encourage investors and was working aggressively to create an enabling environment for business to thrive.

At $66, Soaring Oil Price Reinforces Imminent Hike in Petrol Cost

By Emmanuel Addeh and Adedayo Akinwale The increase in the pump price of petrol has become imminent as Brent crude oil, against which Nigeria’s oil is benchmarked, was up $1.10, or 1.7 per cent, closing at $66.34 a barrel yesterday. It had earlier hit a high of $66.79 mainly prompted by optimism over the COVID-19 vaccine rollouts and lower output. The gains by the commodity, whose sales supply a large percentage of Nigeria’s foreign exchange has continued even as the country awaits the outcome of the meeting between President Muhammadu Buhari and state governors over the pricing of petrol tomorrow. The Nigerian National Petroleum Corporation (NNPC), the sole importer of the product, had last week assured the nation that there would be no increase in February until negotiations with labour were concluded.

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