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NEWS

Nigeria seeks EU approval to import non-hazardous waste

The European Commission on Monday received requests from Nigeria and 23 other non-members of the Organisation for Economic Cooperation and Development countries seeking inclusion in the list of nations eligible to import non-hazardous waste from the European Union. Non-hazardous waste, which accounts for 95.6 per cent of solid waste produced in Europe, includes municipal waste such as packaging, clothing, bottles, and plastics, as well as demolition materials like concrete, bricks, […]

todayFebruary 25, 2025 10 2

NEWS

Dangote refinery projects 650,000bpd June, plans crude import

Facility now producing 500,000bpd as officials look beyond Nigeria to meet demand for product The Dangote Petroleum Refinery is planning to import more crude oil as supply from the Nigerian National Petroleum Company Limited becomes insufficient for fuel production at the $20bn Lekki-based facility. Officials at the plant said the facility has ramped up production to about 500,000 barrels per day, with the target of hitting the 650,000bpd mark by […]

todayJanuary 17, 2025 32

BUSINESS

FG begins duty-free import of food items

The Nigeria Customs Service has been directed to start the implementation of the zero per cent import duty and exemption of Value-Added Tax on basic food items, This was after President Bola Tinubu approved the implementation of zero per cent import duty and exemption of Value-Added Tax on basic food items. The Ministry of Finance confirmed the approval in a letter to the Nigeria Customs Service dated August 8, 2024. […]

todayAugust 15, 2024 17

BUSINESS

Dangote petrol supply: FG may slash N6tn fuel import

•N520bn monthly fuel import expected to drop as Dangote begins supply June The Federal Government may cut its approximately N6.2tn yearly fuel import bill if the Dangote Petroleum Refinery begins the sale of premium motor spirit as promised by the Chairman of the Dangote Group, Aliko Dangote. Dangote, while speaking at the Africa CEO Forum Annual Summit in Kigali, Rwanda on Friday, assured Nigerians that following the laid-down plans of […]

todayMay 20, 2024 19

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