The Gombe State Command of the Nigeria Security and Civil Defense Corps (NSCDC) has clamped down on traders using tampered scales for measurement at the…The Gombe State Command of the Nigeria Security and Civil Defense Corps (NSCDC) has clamped down on traders using tampered scales for measurement at the Gombe Main Market. The operation, in […]
Nigeria Loses $25bn In Oil Sector to Uncontrolled Weights, Measures Annually
At a time the Federal Government is clamouring for plugging of leakages to address economic shortfalls, bureaucracy caused by absence of weights and measures are making the country incur an operational loss of $25 billion annually in the oil and gas sector alone. A break-down of these losses shows that $7.5 billion is lost yearly […]
Nigeria: Furore Over Duplication in Weight, Measures Inspection By Government Agencies
Many businesses across the country are bemoaning what they alleged is duplication of the weights and measures function by government agencies as it affects their services. The complainants say the duplication has not only been confusing, it is also frustrating the smooth functioning of their business outlets. Businesses mostly affected include departmental stores, retail outlets […]
Nigeria’s Business Activity Rises to 4-month High as Inflation Eases
Business activity in Nigeria rose to the highest in four months in May 2024 as inflationary pressures eased to a one-year low, a new Purchasing Managers’ Index (PMI) has shown. The latest monthly PMI by Stanbic IBTC Bank released on Monday showed the headline index improved to 52.1 from 51.1 in the previous month. Readings […]
Legal Metrology Department Laments Lack of Logistic Supports, Manpower
Legal Metrology Department (weights and measures) in the Federal Ministry of Industry Trade and Investment has expressed concerns that it cannot perform its statutory function due largely to lack of functional vehicle to perform its duties.The department, which is empowered by its enabling law, Weight and Measures Act Cap W3 LFN, 2004, is currently raising […]
We Generated Over N900m in 2021 — Director, Weights and Measures Department
Mr Hassan Ejibunu, Director, Weights and Measures Department, Federal Ministry of Industry, Trade and Investment says the department generated over N900 million in 2021. Ejibunu disclosed this while fielding questions from journalists during the midterm review of the strategic plan workshop of the department in Uyo on Monday. The 3-day workshop has the theme, “Legal […]
FG Rallies Support for Weights and Measures Act
The Federal Government through the Ministry of Industry, Trade and Investment is seeking the cooperation and stakeholders support on the review of Weights and Measurement Act and its subsidiary legislations. Mrs Comfort Emenbu, Director, Weights and Measures Department in the ministry, made the call during the North-West stakeholders’ engagement on Tuesday in Kano. She said […]
New Measures For Size, as World’s People Surpass 8 Billion
Scientists meeting outside of Paris on Friday — who have expanded the world’s measuring unit systems for the first time this century as the global population surges past 8 billion — have the answer. Rapid scientific advances and vast worldwide data storage on the web, in smartphones and in the cloud mean that the very […]
VP Shettima, Experts Weigh in on Economic Growth and Food Security at Economic Confidential Event
Vice President Kashim Shettima and a cross-section of stakeholders at the second Economic Confidential lecture revealed the path to Nigeria’s economic prosperity and security in food production. At the lecture event, a book themed “Impactful Public Relations in Customs Management: The CG Wale Adeniyi Example” was also presented to the public in Abuja. Two staff writers of […]
Cement Prices drop to N8000 in Northern Nigeria Following Government Intervention
The current official price range for a bag of cement in the North stands between N8,000 and N9,500, a notable decrease from previous rates, in line with the federal government’s efforts to mitigate the soaring costs of construction materials. Cement remains relatively expensive in Nigeria compared to other African countries. Leading cement brands such as Dangote, Lafarge and […]