Cement News tagged under: Lagos

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Nigeria: removal of cement tax incentive

12 August 2016, Published under Cement News

The removal of pioneer status tax incentive for the cement industry has caused concerns for operators in the real sector, who feel the development will send the wrong signal to investors. The issue was raised by the President of Manufacturers Association of Nigeria, Dr Frank Jacobs, with the Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah, at a recent stakeholders’ meeting. Dr Jacobs said, “The news of government withdrawing the pioneer status tax incentive enjoyed by th...

Nigeria seeks affordable cement and more home-skilled workers

02 May 2012, Published under Cement News

The Minister of Trade and Investment, Dr Olusegun Aganga, has echoed the federal government's worry over the rising cost of cement and the importation of skilled workers for construction projects in the country. He spoke during an interactive session at the recent Lagos Economic Summit and remarked that Nigeria has moved from a country that produced 2Mt of cement in 2000 to a country that now has the installed capacity to produce 27Mt of cement. He also said that before the end of the y...