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Stop illicit mining, stakeholders warn as Nigeria loses N13.7trn

By Gabriel Ewepu Nigeria is losing an estimated N13.7 trillion annually to illicit mining and illegal trade in solid minerals, stakeholders have warned, calling for stronger enforcement, regulation and monitoring of the sector. The stakeholders said the continued exploitation and movement of valuable minerals outside the regulatory framework were depriving the government of revenue and […]

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Manufacturers shouldn’t remain in survival mode, resilience’s no virtue —MAN DG

By Yinka Kolawole In a recent engagement with the media on the state of Nigeria’s manufacturing sector, Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, spoke on factors that continue to constrain manufacturers, warning that their prolonged resilience could lead to incapacitation. Excerpts. Exchange rate as major cost pressure The exchange rate, currently […]

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