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Mr Jacob Gbati, the Chief Executive of Global Cargo and Commodities Limited, has called on the government to partner with African countries to produce fertilizer locally to promote farming and ensure food security. He said it was time African countries marshalled resources together to produce fertilizer locally to promote food…
- Impact of Tax Reform - 19.8 - - - Gains on acquisitions, net of tax - - - Acquisition related transaction costs and other expenses, net of tax - - - 12.0 11.3 Adjusted net income $ 45.8 $ 76.3 $... | January 23, 2022
•As Nigeria’s automotive policy suffers setback Reliance on used vehicles is hindering growth of Africa’s automobile market. This is projected to escalate for sub-Saharan Africa (SSA) in the next 15 years, implying that Africa’s demand for vehicles will likely continue to be met by other continents in the foreseeable future. This was contained in a White Paper, by World Economic Forum (WEF), in collaboration with Deloitte, titled: “Connecting countries and cities for regional value chain Integration,” released on Tuesday. Trade in used vehicles has variable effects on producers o...
Nigerians decry high fares • Govt should consider social benefits — LCCI The commercial activities of the Lagos-Ibadan Rail Line struggled to a start on Monday. But its speed is being delayed by controversy over ‘elitist’ charges and concern about its commercial viability. There is also skepticism regarding its capacity to generate enough income to repay more than $1.5 billion in debt incurred on the project. x This week’s inaugural commercial trip only amplified the viability question. It turned out that only one of the several thousands of Nig...
• Govt should consider social benefits — LCCI The commercial activities of the Lagos-Ibadan Rail Line struggled to a start on Monday. But its speed is being delayed by controversy over ‘elitist’ charges and concern about its commercial viability. There is also skepticism regarding its capacity to generate enough income to repay more than $1.5 billion in debt incurred on the project. This week’s inaugural commercial trip only amplified the viability question. It turned out that only one of the several thousands of Nigerians that daily ply the Ibadan-Lagos route was willing and able ...