Production Archives — City Business News

June 24, 2024 No Responses

Obaseki Attributes Rising Inflation To Inability To Produce, Export

The Edo State Governor, Mr. Godwin Obaseki, has linked Nigeria’s persistent rising inflation to the country’s inability to consistently produce and export goods and services, noting that the trend continues to affect the nation’s economy negatively. Obaseki said this while...

September 14, 2022 No Responses

Minister: N10b For Local Vaccines Production Intact

The N10 billion earmarked in 2020 by the Federal Government for local production of vaccines, is still intact, Minister of Health, Dr Osagie Ehanire, has said. The minister gave the assurance on Tuesday in Abuja, during the Ministerial bi-weekly update.....

June 29, 2022 No Responses

Nigeria Targets 1.6b Litres Of Milk Per Annum

Nigeria is targeting 1.6 billion liters of milk per annum for self-sufficiency in livestock products and animal protein needs. Nigeria’s Minister of Agriculture and Rural Development, Dr Mohammad Abubakar, disclosed this while inaugurating the National...

May 11, 2022 No Responses

Toyota Cuts Production Due To Lockdown In Shanghai

Toyota says it will suspend operations at more production lines at its factories in Japan this month due to the coronavirus lockdown in Shanghai. The firm says the production halt will come into effect on Monday and stay in place...

May 5, 2022 No Responses

Dangote Cement Ramps Up Production At Okpella Plant, Attains N105.9 b Profit In Q1

Dangote Cement Plc, has ramped up production at its newest plant, in Okpella, Edo State as its earnings per share rose by 16.8 per cent to N6.18 for the first quarter ended March 31, 2022. Chief Executive Officer, Dangote Cement,...

March 14, 2022 No Responses

Manufacturers Seek FG’s Intervention As Diesel Hits N720 Per Litre

The Manufacturers Association of Nigeria (MAN), is seeking urgent intervention from the Federal Government to support the production of goods, as diesel price hits N720 per litre. Mr Lanre Popoola, the Chairman, Manufacturers Association of Nigeria (MAN)...

March 7, 2022 No Responses

2021: Dangote Increases Sugar Production To 811,962 Tonnes

For the full year ended December 31, 3021, the Management of Dangote Sugar has revealed that the group’s production volume increased by 9.2 percent to 811,962 tonnes in contrast to 743,858 tonnes, in the corresponding period of 2020. A statement....

September 12, 2021 No Responses

Kebbi Boosts Cassava Production With 25 Tractors

As part of efforts to boost cassava production, Kebbi State government has supplied 25 tractors to cassava farmers in the state. Permanent Secretary, Ministry of Agriculture, Mr Joel Aiki, made this known in Birnin Kebbi on Saturday on the side-line...

August 23, 2021 No Responses

Nigeria Attains 100 Percent Capacity In Production Of SIM Cards, Others

The Federal Government says it has achieved 100 percent in the production of Subscriber Identification Module (SIM) cards as well as the manufacture of many components of cell phones used in the country. The Minister of Communications and Digital Econo...

May 23, 2021 No Responses

Nissan, Suzuki To Curtail Production In June

A global chip shortage is forcing Nissan Motor Co and Suzuki Motor Corp to temporarily halt production at some plants in June, sources with direct knowledge of the plans told Reuters.Nissan Motor Co will idle its factory in Kyushu, southern Japan, for th...

December 3, 2020 No Responses

Nigeria Produces 2.3m Metric Tonnes Of Tomato Annually

Nigerian farmers produce 2.3 million metric tonnes of tomato annually, Executive Director, National Horticultural Research Institute (NIHORT), Dr Abayomi Olaniyan, has said. Olaniyan disclosed this on Wednesday at the inauguration of a one...