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Tag: Stakeholders

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Stakeholders oppose FG’s ban on large tankers

Stakeholders in Nigeria’s downstream sector are pushing back against the Federal Government’s planned ban on large tankers carrying over 60,000 litres of petroleum products. The Nigerian Association of Road Transport Owners has expressed concerns that the restriction could disrupt fuel distribution and drive up costs Similarly, the Petroleum Products Retail Outlets Owners Association of Nigeria […]

Maritime

Stakeholders urge use of satellite technology to combat marine pollution

The stakeholders highlighted the critical role of satellite technology in combating marine pollution, detecting oil spills, safeguarding marine biodiversity, and promoting sustainable shipping in Africa. They emphasized the importance of establishing comprehensive frameworks at local, national, and regional levels to monitor and address marine pollution effectively. Collaboration, innovation, and strict enforcement of environmental laws were […]

News

More than 60% of Nigerians live in slums – Stakeholders

Stakeholders in the built environment have revealed that 60 per cent of Nigerians reside in slums. This was disclosed by the stakeholders at the 33rd Lagos Builders’ Conference and annual general meeting held recently in Lagos, with the theme: “Breaking Barriers and Empowering Change in Nigeria’s Real Estate Sector: Process and Control”, according to The […]

News

Stakeholders advocate visa policy review to boost tourism

Stakeholders in the tourism and hospitality sector ask for a review of the visa policies in Nigeria to grow the sector. The stakeholders made the call at a recently held summit organised by Vertiline Synergy Limited in Lagos, according to The Punch. They bemoaned the difficult procedure that experts had to go through to obtain […]

News

Manufacturers advocate integration of blockchain to transform African trade

Manufacturers and stakeholders across Africa are pushing for the adoption of blockchain technology to transform trade under the African Continental Free Trade Area. Blockchain technology is a major player for promoting transparency, security, and efficiency in trade transactions across the continent, according to The Punch. The President of the Pan-African Manufacturers Association, Mansur Ahmed stated […]

News

Solid minerals stakeholders demands 10% benefit for host communities

Solid minerals industry stakeholders have demanded that 10% of benefits be paid to host communities as part of efforts to create an atmosphere that would guarantee miners and indigenous peoples live in harmony. These demands were tabled for deliberations on Wednesday at the public hearing of repeal and enactment of a bill titled, “Nigeria Mineral […]

Agribusiness News

Stakeholders demand livestock development ministry address food insecurity

Agribusiness players, including the Lagos Chamber of Commerce and Industry and the Commercial Dairy Ranchers Association of Nigeria, have urged the newly established Ministry of Livestock Development to address food insecurity. President Bola Tinubu approved the creation of the Livestock Development Ministry on July 9, 2024, as he inaugurated the Presidential Committee on Livestock Reforms […]

News Oil and Gas

Stakeholders demand implementation of laws to protect local firms

Stakeholders in Nigeria’s oil and gas industry have urged the government to guarantee that local content requirements are effectively implemented in order to protect indigenous oil and gas enterprises. Speaking during a panel session at the 2024 NOG Energy Week in Abuja on Monday, the Chairman, Nestoil Limited, Ernest Azudialu – Obiejesi stated that, while […]

News

Stakeholders urge inclusive, evidence-based policies implementation

Policy experts have called on the government to implement evidence-based and inclusive policies. This was disclosed in a statement at a recent webinar hosted by the Do Right Initiative, according to The Punch. Policy experts demand a change in Nigeria’s approach to formulating policies. They underlined the necessity of inclusive, user-centric, evidence-based policies that consider […]

News

Stakeholders urge FG to tackle rising inflation with new policies

Stakeholders have called on the Federal Government to implement policies that will tame the accelerating inflation in the country. Stakeholders said that, given the continuing challenges facing the economy, a coordinated government effort is crucial, to ease the financial strain on consumers and maintain fiscal stability, according to The Punch. The Chief Executive Officer of […]

Stakeholders advocate tax holidays in housing sector
Housing

Stakeholders advocate tax holidays in housing sector

In an effort to boost growth in the housing sector and encourage investment, stakeholders have urged the government to offer tax holidays to developers. According to the PUNCH, this was said during the recent Real Estate Outlook for 2024 event in Lagos with the topic “Looking Ahead, Gauging Opportunities.” The president of the Nigerian chapter […]

Stakeholders push to boost investment finance sector
News

Stakeholders push to boost investment finance sector

Stakeholders have urged the government to develop measures that would increase capital investment in the financial industry. The Punch reported that this was stated at the PiggyVest Finance Roundtable Discussion on Tuesday in Lagos. The event’s stakeholders discussed how the results of the PiggyVest Savings Report 2023 survey would affect the financial situation in Nigeria […]