importation

NNPC, Seplat, Set 2023 Target Date To End Fuel Importation

December 14, 2019 12:22 pm

As part of plans to guarantee energy security and stop petroleum products importation by 2023 in the country, the Nigerian National Petroleum Corporation (NNPC) has commenced the first phase of establishing the first condensate refinery in the country with a firm commitment to take the Final Investment Decision (FID) on it in July, 2020.

The Group Managing Director of the NNPC, Mele Kyari, disclosed this yesterday at the signing of the Front-End Engineering Design (FEED) phase of the condensate refinery project at the NNPC Towers in Abuja, a release by NNPC Acting Group General Manager, Group Public Affairs, Mr. Samson …

Importation Of Metals Killing SMEs, FG Laments

December 9, 2019 10:42 am

The federal government has lamented that the importation of metal product into Nigeria, especially those locally produced in the country has dealt a serious blow on the small and medium scale enterprises (SMEs) operating in the sector in the country.

Disclosing this at a workshop on stimulation and promotion of activities of SMEs in the metal sector held in Jos, Permanent Secretary, Ministry of Mines and Steel Development, Dr. AbdulKadri Mu’azu said, “We import all kinds of metal products, even the ones produced within the country. This is because the quality of products made in Nigeria cannot be compared …

Senate Orders Ban On Importation Of Textile

November 13, 2019 6:08 am

The Senate, yesterday, directed the Executive to ban importation of foreign textile materials.

The upper legislative chamber said it was worried that all textile manufacturing industries in the country were comatose and importation of foreign fabrics on the rise.

It has, therefore, urged the Executive to revamp Kaduna, Kano, Aba, United Nigeria textiles, among others to promote local textile production. The decision followed a motion by Barkiya Abdullahi Kabir on the urgent need to revamp the nation’s comatose textile industry.

Leading the debate, Kabir argued that between 1960 and 1970, textile industry played a significant role in the manufacturing sector …

South East Youths Urge Buhari To Ban Vehicles Importation

October 18, 2019 4:51 pm

A coalition of southeast Youth Leaders has urged President Muhammadu Buhari to ban the importation of new vehicles and cars into the country and to support Innoson Motors the only indigenous vehicle manufacturer in the country.

The organization said that following the policy of the Federal Government, the only locally-produced goods should be patronised in order to strengthen the economy.

A statement issued on Friday by the President-General of the organization, Goodluck Egwu Ibem said: “We urge the Federal Government to extend the ban to new cars and vehicles since we have Innoson Motors a dependable company that is manufacturing …