…As Report Says August Date Not Sure Yemisi Izuora A new report by Argus Media has revealed that first refined Premium Motor Spirit (PMS) also known as Petrol from Dangote refinery is expected from September 2024. Although the refinery’s management maintain that it is going ahead with its plan the media report quotes Nigeria’s government […]
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 […]
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 […]
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 (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 […]
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 […]
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 […]
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 […]
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 […]
The Federal Government, through the Minister of Works, David Umahi, has summoned cement manufacturers in the country to a meeting, following the increase in the price of the commodity. Those invited to the meeting include Dangote Plc, BUA Plc, Larfarge and other manufacturers. The meeting with the minister, which is aimed at looking into the […]
