Trade & Investment

The Managing Director of Oil and Gas Free Zones Authority(OGFZA), Sen.Tijjani Yahaya Kaura, has described the two decades of the existence of his Authority,OGFZA, as a great success. Sen. Tijjani Kaura with media men after the Parley recently in Abuja He made this declaration recently during a media Parley with …

The purpose of free zones is misunderstood, even among government agencies in their line of duty. In this interview, Senator Tijanni Kaura, managing director of the Oil and Gas Free Zone Authority, says the zones have contributed tremendously to the country’s economic growth—and stand to add even more value, if …

The Nigeria Export Processing Zones Authority, NEPZA and Oil and Gas Free Zones Authority, OGFZA have solicited the support of the Nigeria Customs Service, NIS, in the development of the nation’s Free Trade Zones, FTZs in the country. The Managing Director/CEO of NEPZA, Prof. Adesoji Adesugba and his counterpart from OGFZA, Senator …

A transparency group, the Civil Society Legislative Advocacy Centre has described the subsidy policy on petrol in Nigeria as a failure. According to a statement released by the group on Friday, titled, ‘CISLAC Response To Proposed Subsidy Palliatives’, and made available to The PUNCH, the group said while other developing …

Former Senate Leader, Distinguished Senator Victor Ndoma-Egba, SAN, and Executive Secretary (ES) Nigerian Shippers Council (NSC), Rt. Hon. Emmanuel Jime, have described the emergence of President Bola Ahmed Tinubu as the Chairman of Economic Community of West African States (ECOWAS), as a welcome development that is good for Nigeria and …

The Nigerian Bar Association Section on Business Law (NBA-SBL) has commended the active and impactful participation of the Corporate Affairs Commission in its just concluded 17th Annual International Business Law Conference held in Lagos. The conference with the theme “The Nigerian Business Landscape: Priorities for Law, Policy, and Regulation” took …

Professor Jibrin Ibrahim, member, governing board of the Center for Democracy and Development (CDD), has said the planned palliative by the federal government could fail to serve its intended purpose just like that of COVID-19. After the removal of subsidy, President Bola Tinubu had set up a committee to strategise …

Femi Falana, SAN, on Friday, blamed the “irresponsibility” of the ruling class for the hardships brought on by the alleged fraud perpetrated by beneficiaries of the fuel subsidy regime and failed promises to reform the oil sector. There is, therefore, a need for the Federal Government to act fast to …

Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has reiterated the call for “re-globalisation,” saying deglobalisation poses an enormous risk to developing countries, including Nigeria. She added that global prosperity would be adversely affected if trade is allowed to fragment into rival blocs. Speaking at the 13th World Chambers …

The World Bank Group has approved a loan of $500m to help Nigeria drive women’s empowerment. This became the second loan approved by the World Bank under the new President, Bola Tinubu. It is a scale-up financing for Nigeria for Women Programme, which was initially approved on June 27, 2018, …