Real Sector

Real Sector

BUA urged to sustain expansion at Lafiagi Sugar

BusinessDay Dec 21, 2015

  BUA’s Lafiagi Sugar Company was recently visited by the inter-ministerial National Sugar Roadmap Implementation Committee (SURMIC) of the federal...

Real Sector

Entrepreneurship: Finding opportunity in difficulty   

BusinessDay Dec 21, 2015

George Iboku is at the popular Marina, Lagos. Iboku is headed for Apapa, one of the most traffic-clogged areas in...

Real Sector

Jiangsu-Yulong Steel begins preliminary work on 400,000MT capacity plant in LFZ

BusinessDay Dec 21, 2015

Jiangsu Yulong Steel Pipe Company has begun preliminary work on its 400,000 million metric tonnes (MT) capacity plant at Lekki...

Real Sector

Poor innovation in industries slows down Nigeria’s productive capacity

BusinessDay Dec 21, 2015

Low level of innovation in Nigerian manufacturing industries is slowing down the productive capacity of Africa’s largest economy, findings have...

Real Sector

Exporters urge intervention to beat Nigeria’s diversification target

BusinessDay Dec 14, 2015

Nigerian exporters say an urgent non-oil sector intervention from the Muhammadu Buhari-led administration is paramount if the country is serious...

Real Sector

Skills gap doing damage to Nigeria’s manufacturing sector

BusinessDay Dec 14, 2015

Joseph Okeke was a mechanical engineering graduate of Ahmadu Bello University in Zaria, Kaduna State, north-west of Nigeria.  Like numerous...

Real Sector

Niyya Foods & Drinks redefines Nigeria’s beverage industry 

BusinessDay Dec 14, 2015

Nigeria’s economy is facing severe challenges resulting from overdependence on oil and neglect of the real sector. This challenge has...

Real Sector

Multinationals see 50% of products in Nigerian market as counterfeit

BusinessDay Dec 07, 2015

The Lagos Chamber of Commerce and Industry (LCCI) has said that major brands operating in Nigeria see about 50 percent...

Real Sector

Manufacturers canvass speedy completion of rail lines to cut production cost

BusinessDay Dec 07, 2015

Manufacturers say speedy completion of railways will help reduce cost of production and increase price competitiveness of their products. President...

Real Sector

NACCIMA advised to become more active in implementation of government policies

BusinessDay Dec 01, 2015

The National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has been advised to support and become more...

Real Sector

Revival of Nigeria’s manufacturing hangs on vibrant extractive industry   

BusinessDay Nov 30, 2015

Nigeria’s manufacturing industry will only see a remarkable turnaround when there is a vibrant extractive industry that will free raw...

Real Sector

Who will save dying pharmaceutical firms?

BusinessDay Nov 30, 2015

The Nigerian pharmaceutical industry is gradually dying. The imminent death of this sector arises from the ill-advised Common External Tariff...

Real Sector

‘56% of manufacturing raw materials imported from abroad’ 

BusinessDay Nov 30, 2015

Reginald Ike Odiah, managing director/CEO, Bennett Industries Limited and chairman of the Electrical/Electronics Group of the Manufacturers Association of Nigeria,...

Real Sector

‘Importation of substandard lubricants killing local industry’

BusinessDay Nov 30, 2015

The illegal importation of substandard lubricants into the country is killing local lubricants while negatively affecting their return on investment,...

Real Sector

New minister faces task of reversing declining non-oil export fortunes

BusinessDay Nov 23, 2015

Okechukwu Enelamah, new minister of industry, trade and investment, faces an onerous task of reversing non-oil export earnings, which have...