An African initiative to increase solar generation capacity to provide 250 million people with electricity access across Africa’s Sahel region for socio-economic development continues to attract financial support from around the world. Launched in 2019 by the African Development Bank Group and its partners, the Desert to Power initiative is designed to make Africa a renewable power…
The factory is into fabrication and assembling of agricultural and automobile machineries such as; tractors, diesel hand steelers, grain driers, buses, tricycles, motorcycles, others. The Director of the factory, Mr Tony Efekandu who took the visiting team on a tour to different units of the factory (including grain drying, juice processing/packaging, rice mill, tomatoes processing…
The Director General ACCI, Dr Victoria Akai today received a delegation from Spanish embassy at the Chamber’s secretariat. The delegation led by the Deputy Head of Mission, Spain, Juan Torres Reus was in ACCI as a follow-up to the MoU signed with the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA). The…
The Chamber has noted with concern, recent reports in the media of plans by the Federal Ministry of Finance, Budget and Financial Planning to effect a hike in the specific excise component of some products, including alcoholic and non-alcoholic beverages and tobacco, a significant digression from its recently adopted 2022 Fiscal Policy Measures and Tariffs…
By Tshepidi Moremong Climate finance has mostly focused on mitigation measures – new investments that will keep the world below 1.5 degrees of warming. But as extreme weather events devastate countries and regions ever more frequently, there must be an equal focus on adaptation and resilience in dealing with the climate crisis that is unfolding…
By Edim Effiong Edim DISPUTE RESOLUTION CHANNELS The Federal Inland Revenue Service (FIRS) and Internal ADR Companies Income Tax Act (CITA)[1] empowers the taxpayer to explore an administrative option in resolving a potential conflict where he disputes an assessment raised on his taxes through an objection raised against such an assessment. Similarly, the Personal Income…
By Amos Okioma. Bayelsa State Government has expressed disappointment with the poor handling of the supply of relief materials to the state by the National Emergency Management Agency. The Chairman of the Bayelsa State Emergency Management Agency (SEMA) and a member of the Flood Management and Mitigation Taskforce, Hon. Walamam Igrubia expressed her disappointment at…
Work on the African Development Bank-financed ‘4th Abidjan bridge’ is 62% complete. This majestic structure, laid out on the right flank of the Attécoubé commune in central Abidjan, is gradually taking shape and its future users can now see it from a good distance. The “fourth bridge” of the Ivorian economic capital, currently under construction,…
In recognition of her selfless and outstanding contributions to Women’s participation in business, governance and decision making, the Honorable Minister, Federal Ministry of Women Affairs and Social Development (FMWASD), Dame Pauline Tallen has conferred award of excellence on the Director General, Abuja Chamber of Commerce and Industry (ACCI), Victoria Akai. The Minister, while giving the…
The Abuja Chamber of Commerce and Industry is advocating more private sector investments in cleaner energy sources to enable Nigeria achieve its energy transitioning agenda. The President of the Chamber, Dr Al-Mujtaba Abubakar said this on Tuesday at the opening session of the second World Energy Day (WAD) conference. The conference with the theme, “Energy…
