32 h. ago CPPE kicks, says raw material bill detrimental to exports, manufacturing

The Centre for the Promotion of Private Enterprises (CPPE) has called for a withdrawal of the Raw Materials Research and read more CPPE kicks, says raw material bill detrimental to exports, manufacturing

Politics

5 d. ago Poultry farmers stay open as feed prices fall, says association

The Poultry Association of Nigeria, Lagos State chapter, has announced that farmers are no longer shutting down due to a reduction in the cost of raw materials, following various interventions by the government. PAN Lagos State Chairman, Mr Mojeed Iyiola, revealed this development in an interview with the News Agency of Nigeria on Thursday in Read More

Politics

5 d. ago Africa tired of being poor, Adesina seeks end to raw commodity exports

The President of the African Development Bank, Dr. Akinwumi Adesina, has called on African nations to put an end to the export of raw materials if the continent is to overcome poverty and underdevelopment. According to data from the Office of US Trade Representative and other multilateral institutions, Africa accounts for less than 2 per Read More

Politics

7 d. ago How removal of import duties on solar raw materials can boost Nigeria’s industrial future

As Nigeria turns to renewable energy, solar power stands out as one of the most promising and accessible solutions to read more How removal of import duties on solar raw materials can boost Nigeria’s industrial future

Politics

8 d. ago Cormart To Launch Advanced Cold Storage Facility To Boost Food, Pharma Sectors

Cormart Nigeria Limited, a leading provider of chemical and food raw material solutions and part of TGI Group, is poised to open its cutting-edge cold storage facility to reduce food waste, preserve perishables, and improve pharmaceutical storage across Nigeria. With the country facing significant post-harvest losses due to inadequate storage, this facility offers 3,000 MT […]

Politics

1 week ago RMRDC, BOI partner to boost Nigeria’s onion value chain development

By Olakunle Olafioye The Raw Materials Research and Development Council (RMRDC) and the Bank of Industry (BOI) have initiated discussion to halt post-harvest losses and enhance value addition to the onion value chain. Our correspondent learnt that post-harvest losses, inefficient market access, and a lack of processing infrastructure had long plagued the onion industry in […] The post RMRDC, BOI partner to boost Nigeria’s onion value chain development appeared first on The Sun Nigeria.

Politics

1 week ago RMRDC Sensitises Stakeholders On Africa Raw Materials Summit

Raw Materials Research and Development Council (RMRDC) has commenced a stakeholder engagement towards the Africa Raw Materials Summit scheduled for May 20 to 22, 2025. The RMRDC delegation for stakeholder engagement led by the director general, Prof. Nnanyelugo Ike-Muonso, visited Lagos to meet  key players in the manufacturing sector and raise awareness on the significance […]

Politics

1 week ago ‘Why we create awareness on economic, industrial potentials of plantain’

Nnanyelugo Ike-Muonso, Director-General, Raw Materials Development Council (RMRDC), on Wednesday, harped on importance of creating awareness on the economic and read more ‘Why we create awareness on economic, industrial potentials of plantain’

Politics

2 w. ago Flour Mills requests RMRDC support to boost wheat, sorbitol production

Flour Mills of Nigeria has called on the Raw Materials Research and Development Council (RMRDC) to take proactive steps to read more Flour Mills requests RMRDC support to boost wheat, sorbitol production

Politics

2 w. ago Healthcare federation seeks implementation of waiver on pharmaceutical products

The Healthcare Federation of Nigeria has called on the Nigeria Customs Service to ensure the full implementation of the duty and VAT waivers on pharmaceutical raw materials by issuing circulars to all relevant Zonal Offices and Area Commands. Recently, the Federal Government implemented a two-year import duty and VAT waiver on pharmaceutical raw materials. This Read More

Politics

3 w. ago Expert to FG: Remove import duty, other levy on critical pharmaceutical products

Tribune Online Expert to FG: Remove import duty, other levy on critical pharmaceutical products An indigenous pharmaceutical company, St. Racheal’s Pharma has called on President Bola Tinubu to remove import duty and levy on critical pharmaceutical products. The company stated this is imperative to help the poor and other vulnerable to access quality and affordable healthcare wherever they live and work across Nigeria. The chairman and CEO of the […] Expert to FG: Remove import duty, other levy on critical pharmaceutical products Tribune Online

Politics

3 w. ago Nigeria Customs waive import duty on pharmaceutical raw materials

The Nigeria Customs Service (NCS) has waived import duty and Value Added Tax (VAT) on critical raw materials essential for read more Nigeria Customs waive import duty on pharmaceutical raw materials

Politics

3 w. ago Finally, Customs Implements Zero Tariff On Pharmaceutical Inputs

In a landmark policy shift designed to strengthen Nigeria’s healthcare system, the Nigeria Customs Service (NCS) has implemented a presidential executive order exempting critical pharmaceutical raw materials from import duties and Value Added Tax (VAT) for two years. The initiative, approved by President Bola Ahmed Tinubu and announced by the minister of finance and coordinating […]

Politics

3 w. ago Pharmaceuticals now exempted from import duty, VAT – Customs

The Nigeria Customs Service has announced a two-year exemption from import duty and Value Added Tax for critical raw materials essential for the production of pharmaceuticals. The exemption, granted under a presidential executive order, was disclosed on Wednesday in a statement issued by the NCS National Public Relations Officer, Assistant Comptroller Abdullahi Maiwada. Maiwada specified Read More

Politics

3 w. ago Customs suspends import duty, VAT on pharmaceutical raw materials

Tribune Online Customs suspends import duty, VAT on pharmaceutical raw materials The Nigeria Customs Service (NCS) on Wednesday announced the exemption of critical raw materials used in the production of pharmaceutical products from import duty and Value Added Tax (VAT). Customs suspends import duty, VAT on pharmaceutical raw materials Tribune Online

Politics

4 w. ago Stakeholders commend RMRDC for dedication to develop local raw materials

Tribune Online Stakeholders commend RMRDC for dedication to develop local raw materials He emphasised that the summit will serve as a platform for stakeholders to share knowledge, discuss industry trends, and explore innovative solutions to raw material challenges. Stakeholders commend RMRDC for dedication to develop local raw materials Tribune Online

Politics