Connect with us

Business

FIIRO Moves To Create 250,000 Jobs

Published

on

The Federal Institute of In
dustrial Research Oshodi (FIIRO), says the institute has capacity to technically create about 250,000 direct jobs through its Techno-Investment programme, scheduled to hold yesterday.
The Director-General of FIIRO, Mrs Gloria Elemo, made the assertion at a press briefing
Elemo said that the programme which was to be declared open by President Goodluck Jonathan, and over 250 Research and Development (R&D) outputs created by FIIRO displayed potential investors.
She said “the institute, in its bid to deliver its mandate to create employment opportunities and reverse the rate of worsening unemployment state, organised an Investment and Technology Week.
“The overall aim of the programme was to showcase the institute’s 250 R&D outputs suitable for investment by small, medium and large scale entrepreneurs to enhance job creation.
The week-long
programme generated not less than 250,000 jobs to youths, especially those who are willing to take up jobs in the area of locally-generated technology.
She listed some of the products displayed as High Nutrient Density Biscuit to provide one-third of the daily dietary supplement to school children, cassava-based glucose syrup and pharmaceutical grade cassava starch.
Elemo said that one of the highlights was the book launch that provided a guide to the utilisation of FIIRO-researched raw materials where each local government in the country had
comparative advantage.
According to her, the book was a major contributor of the projected 250,000 jobs because beneficiaries of the FIIRO free training on food and industrial technology were present at the event.
She said that the beneficiaries of the National Techno-entrepreneurs Initiative by FIIRO was targeted at training 2,000 unemployed youths annually from the 774 local governments in the country.
The director general also said that FIIRO Technology Transfer Training Programme, a newly constructed pavilion of 10 complete sets of technology transfer training equipment, was launched at the event.
She added that participants at the event were drawn from African countries, multinationals, Manufacturers’ Association of Nigeria (MAN), regulatory bodies, development banks and associations of small and medium enterprises.
She, however, lamented that enough fund was not being channelled toward research in science and technology, which could enhance job creation through local manufacturing.
The FIIRO boss said that the institute had been making efforts to contribute to the use of locally-sourced materials for manufacturers of food, drugs, home and industrial use products.
Reports say that MAN recently stated in its recent report that the volume of locally-sourced materials have considerably increased with the contribution of R&D products by local research institutes.
The report states that the percentage of locally-sourced materials moved from 47.6 per cent in 2012 to 58.58 per cent in December 2013.

Continue Reading

Business

Western Marine Command Intensifies Anti-Smuggling Operations … Intercepts N8.75m Worth PMS

Published

on

For officers and men of the Western Marine Command of the Nigeria Customs Service (NCS), the battle is not over until smuggling is over.
In the wake of Wednesday May, 8, 2024, the ever vigilant officers, acting on a tip-off, intercepted 177 sacks and 61 kegs of 25 litres containing petroleum products, valued at about N8.750,000million.
The items were intercepted along Isalu Creek, Badagry Waterway en-route Benin Republic.
While briefing newsmen, the Command’s Customs Area Controller, Comptroller Paul Bamisaiye, said: “This seizure is most economically significant to the Command at this period of scarcity of Petroleum Products, especially Premium Motor Spirit (PMS) in our cities, and shows the anticipatory posture in our response to economic saboteurs.
“At about 2:330hrs on Wednesday 8th May 2024, while on joint patrol by teams in the Command, credible intelligence was received of the movement of 2 boats laden with what was suspected to be petroleum products concealed in sacks. Upon receipt of the information, the team moved into Isalu creeks, Badagry waterway.
“On sighting the approach of the Officers, the smugglers took to their heels through the shore of the Creek. The loaded boats were then towed to the station at Badagry where preliminary examination was conducted and transferred to Western Marine Command Headquarters, Ibafon, Apapa, Lagos.
“Careful examination at the Command Headquarters revealed that the arrest was found to contain One Hundred and Seventy Seven (177) Sacks and Sixty One (61) Kegs of 25 Litres Premium Motor Spirit (PMS) containing Twelve Thousand Five Hundred (12,500) Liters with a total Duty Paid Value standing at Eight Million Seven Hundred and Fifty Thousand Naira (N8,750,000) only”.
Bamisaiye noted that the action of the smugglers is a contravention of Section 245 & 254 of the Nigeria Customs Service Act 2023 which the service, through Western Marine Command, is responsible for enforcing.
“The Command, under the leadership of Compt. PK Bamisaiye, is poised more than ever to rid the waterways of all acts of smuggling and economy sabotage for the benefit of the growth of economy of Nigeria”, he said
Bamisaiye said so far, no suspect was arrested in the Command’s anti-smuggling operations.

Nkpemenyie Mcdominic, Lagos

Continue Reading

Business

Illegal PMS Trading Booms In Lagos

Published

on

Petroleum products  being sought by motorists have disappeared from virtually all filling stations within Lagos and its environs, but are now booming in business in retail outlets.
Investigations by our correspondent revealed that while the product could not be got at some of the petrol service stations, activities are in top gear in the local retail outlets where the price has gone beyond the reach of users.
It was also gathered that in some filling stations supplied with the products, preference are often given to retail outlet operators by petrol attendants against the consuming public.
A source, directly involved in the business, said some petrol dealers are cashing on the irregular supply to divert the products to retail outlets where they could easily make their gains.
It was also gathered that some sales representatives in the service of major oil marketing firms indulged in the diversion exercise because of their personal interest.
At the retail outlets a liter goes for N950,00 against the normal N760,to N800 at some stations.

Nkpemenyie Mcdominic, Lagos

Continue Reading

Business

Customs Board Appoints Five DCGs, Eight ACGs

Published

on

The Nigeria Customs Service Board (NCSB) has confirmed the appointment of five Deputy Comptroller-Generals (DCGs) and eight Assistant Comptrollers-General (ACGs) of Customs during its 59th regular meeting.
The meeting, chaired by the Honorable Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, was held at the Nigeria Customs Service Headquarters in Abuja last Tuesday.
National Public Relations Officer of the Service, Chief Superintendent of Customs, Abdullahi Maiwada, who disclosed this in a statement yesterday, gave details of the confirmed appointments as: O.O. Peters (DCG /Commander, Training and Doctrine Command (rtd); B.M. Jibo (DCG Enforcement Inspection & Investigation); and B.U. Nwanfor (DCG Excise, Free Trade Zone & Industrial Incentives).
Others are: S.A. Bomia (DCG, Commander Training and Doctrine Command); and C.K. Niagwan (DCG, Tariff & Trade).
The Assistant Comptrollers General (ACGs) are: B. Imam (ACG Board); A.A.S. Oloyede (ACG, Trade & Tariff); S.K. Dangaldima (ACG/Zonal Coordinator, Zone ‘B’); A. Abdul Azeez (ACG/Zonal Coordinator, Zone ‘D’); S.A. Yusuf (ACG, Human Resource Development); N.P. Umoh (ACG, Training and Doctrine Command); C.O. Obih (ACG/Zonal Coordinator, Zone ‘C’); and S. Chiroma (ACG, Strategic Research and Policy).
The new appointments, according to the statement, were made to fill the vacancies created by some senior officers who recently retired from the Service, noting that the principles of federal character, seniority and merit guided the appointments approved by the board.
“These appointments are a testament to the officers’ exemplary services and dedication to the Nigeria Customs Service. The NCSB remains committed to providing strategic leadership to ensure effective and efficient service delivery for optimum performance”, he said.
While thanking the retired members of the management for their meritorious services, the Comptroller General of Customs, Bashir Adewale Adeniyi, congratulated the newly confirmed officers and charged them to redouble their efforts to ensure the service attains greater heights in its mandates of revenue generation, suppression of smuggling, and trade facilitation amongst others.

Nkpemenyie Mcdominic, Lagos

Continue Reading

Trending