•Tariff increases to continue till Discos cover costs, says NERC
Ndubuisi Francis, Chuks Okocha, James Emejo, Onyebuchi Ezigbo, Emmanuel Addeh in Abuja and Dike Onwuamaze and Peter Uzoho in Lagos
Analysts, the Organised Private Sector (OPS), labour and the Peoples Democratic Party (PDP) yesterday decried a review, by the federal government, in electricity tariffs, especially amidst the current economic challenges occasioned by the COVID-19 pandemic.
They faulted the timing of the tariff adjustment, considering the economic hardship and recession which have eroded the purchasing power of Nigerians.
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), the Lagos Chamber of Commerce and Industry (LCCI), the Nigeria Labour Congress (NLC), Trade Union Congress (TUC), a former Director General, Abuja Chamber of Commerce and Industry (ACCI), Dr. Chijioke Ekechukwu; Managing Director/Chief Executive, Credent Investment Managers Limited, Mr. Ibrahi
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
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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.