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Nigeria: Special Report - Nigeria s Paper Mills Moribund Yet Options for Reviving Them Abound

Nigeria: Special Report - Nigeria s Paper Mills Moribund Yet Options for Reviving Them Abound
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SPECIAL REPORT: Nigeria s paper mills moribund yet options for reviving them abound

SPECIAL REPORT: Nigeria s paper mills moribund yet options for reviving them abound
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Breaking News | Nigeria: Paper Mills Moribund Yet Options for Reviving Them Abound

Views: Visits 10 The country’s three paper mills have failed to produce as planned for years, but experts say non-wood raw materials abundant in the country can help revive them. On Danladi Abubakar’s corn farm, now harvested, lie massive heaps of stalks about to be burnt. The farmland is located at Moniya, a suburb of Ibadan, Oyo State. This practice of Mr Abubakar’s, like many other farmers’, causes emissions of carbon dioxide, an harmful chemical compound, into the atmosphere, hence contributing to global warming and ultimately, climate change. But if not burnt, the heaps could follow through a supply chain ending in machines of paper-product manufacturers, who, currently, depend on imported wood-based raw materials, which constrain their productivity and profitability.

Infrastructure, weak policy push printing losses to N3tn

Discrepancies between duties on imported books and materials used for printing, the collapse of paper mills and importation of printed materials may have caused a loss of over N3 trillion, the Chartered Institute of Professional Printers of Nigeria (CIPPON) has said. Although President Muhammadu Buhari had signed Executive Order Five to increase the patronage of local firms for products and services readily available in the country, CIPPON accused ministries and agencies of awarding printing contracts to foreign firms. President of the institute, Olugbemi Malomo, who spoke in Abuja said printed materials are imported into the country as education attracts almost zero duty. This development, according to him, has paved the way for unrestrained importation of printed materials.

Breaking News | Infrastructure, weak policy push printing losses to N3tn

Views: Visits 21 Discrepancies between duties on imported books and materials used for printing, the collapse of paper mills and importation of printed materials may have caused a loss of over N3 trillion, the Chartered Institute of Professional Printers of Nigeria (CIPPON) has said. Although President Muhammadu Buhari had signed Executive Order Five to increase the patronage of local firms for products and services readily available in the country, CIPPON accused ministries and agencies of awarding printing contracts to foreign firms. President of the institute, Olugbemi Malomo, who spoke in Abuja said printed materials are imported into the country as education attracts almost zero duty. This development, according to him, has paved the way for unrestrained importation of printed materials.

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