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Tue.doy, January 31, lOU

Poge 26, T H ISDAY, Vol. 17 No. 6126

news FG to Audit Impact of Fuel Subsidy Removal on Trade BusinessWORLD

IlU:' of TrIde. and Investn'lt:nl. Dr OIutq;un -'I!an... hal

Mf

inled tbkt the mlnlsuy had IDalIUI'III.<!d II team to conduct an audit of !he ImpKl of (u!) subsidy removal on die ".de sectof Almp. who StI~ Ihu when he m:chu1 lOp offidais of tbt NatlOfUll Al5oc:iatlOll 01 Ni,cnaa TJ1Idcn ~) m Abu,..

I

INDUSTRY From Yemi Akinsuyi .~

abo live usurance: that dQmestic IBeX. promotion would form !he c:cn of. new tRde "ralclY beln, put torelhn' by the nurustry 1be mInlJlcr" Mid the pro-

I

posed bill on made in Nigma &oods wooki foculi on ptIlrt)na&c of products !hat NIF"a h.u 1M capKlly 10 produc:e wtuch W'OUld boost cffortJ at pmmotilllihe revi tIlisation of the automobile. 1U1.1e and pluuauxiustnel ""hen passed into ..W He a1JO CApW.ncd hi any waiver to be p'IIMed by the federal 10000000rllCnt would hcocd'onh be ICaOr-JpCClrlC

u,*,orlhetnnsfOl'TlllllJOtlAI aaenda 01 JOVeflID'rUt The rntnistry • .a:ordinllo the nurustc:r. wu bcinJ rq»IItlOftled to become • centre of trwIc agreements. data,

.t.atiSUCI and lnde-related information, agtU.U1, with !he rcquw of NAN1'S that trade IWlSlJCI needed 10 be beeJed up 10 ~ the country mate mformed decWoos used the: opportu_

Apn,.

Ogun to Spend 55% of 2012 Budget on Capital Projects Ii

ECONOMY

8, Kunl. A derinokun

_

Ratto (or 2012 is 55:45 as

the mectinl 10 UlVIIe the lUOCiation to ,.iota bands .... Ith him to tum the sedor

nlty 0(

....nd

Pres.tdenl of NANTS, Mr. Ketl Uboha, in his presenUl000 commended JOwanment for KpOSllioninJ the tnde and Invatmcnl leCtor sueulaa the need for the mlmstry to Wlbhsh iue.lf u the nauonll hub ror lovern· menl's cc:ooonuc: tTanSfont'Ul000 agenda. The NANTS president

..... Me

~in&

development noted that impon dUlies, which is Ni8enl'. second ,ncome eamcr, rides on the pfalfonn of nde and dlSlributions He the~r(ft charJcd the man· lstry 10 accord lndc and mYeSlmcnlS the pnonty il desenu ,n the nauOl\.II dc:YekJpmcnt scbcmc

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Itwoop~b~

WhUe )] JD"cznI of Ihc bud-

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whdt CIUT'CIItJy houtcs the nllJOnI.l leChn;aJ c:omnuttee secretarlll ror Ni8enl's OCJOllitlOrl of the EconomIC

'The «ntnl database, lit iUa.scd, was esxnual l i the hllhly tecb.uC.l1 Ind complex natu~ of conte:mporat)' trIde and its nqoo.l-

Partnership

toOM

He revealed

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the unpor-

tanct of lnde in naUonal

(EPA), was CUrRntly c:a. ctucbaa I dcLailcd 1tSl1n& MIl analystS oa all tnde IJR& menu enlered ,nlO by Niaml, Includina thole stiI under coosidcntion, II its coolrlbutlon 10 Niaena'i tntdc policy review a.emK Whtle callcnr; oa the ..ru.liIl)' 10 punuc In tDdu.slnaIiIIItJOn masta plan lIS a m=tpt for creahn8 jobs In order • reduct the Import-dcpcndcll nature 0( the economy, dIr: Pfeudcm abo Red the JO"" c:mmcnt 10 formally collaborate WIth NANTS 10 flCiJi. Ulte the ena:uncnl of I compcutlOCl Ilw In Nigena He also IOOghtl revIeW 01 all 61sting tnde agreemena and to susll1n lOCh revtcWI pmodtcaJJy; estabhsh I daa. buelcentm hbrvy 1ft che m1ntSlry I I a IOU:lCe of trIdt ~lMed c:apK.lly blukhn, for

NANTS,

AgRement

p1 wi1I be fi.adod &om . " . , 61 JD" cznI wiD be

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&om Ihr. Aa::tlIn cerlI) and CIptlaI ........ (32 ".anI)

0.5 per

A 1urd.:r 1:n:IldcM'tI d Iht

1»cIFf dvws ... 61p:r cznI d Ihc IutF .-;0 be .spcnI; on !be

........ ~.~ a.tnini.-..on's s.c.dinaI

IITA Pledges Support for Cocoa Transformation

TI

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AGRIC By

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Osagie

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0Ind0 PIr.:, Mr Wale inIbI hlllOIId!he tbAe 0( ~u A.d-iloc Cormvnec 011 A:tr\lI ~ IhII tubIIdy Idw:me ... 1It:uRd '\IJhm ~ 0( no..-.nee were ...."...Io~ .. vdaIn 0( Ihe M!dt:ni ~ CtuDI (Ar)'s ~ wt.d! Jq» -..t . . only I CIOII'..-y . . ... • _ 26 p:ad ..... and 5lXXlmern1: ~ . . . &oIitics ,noold ~pMC 1ft ruel

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T HIS9DAY

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aMn: ~ l¥_ ~ anlIlIad ~ .., &a.iuknl bmdiciIrd 0( !be PmoIcum Suwan furId (PSF) He .-d ... NlF'- _ ft lUll ~ 0( he fur::! u-ty, Iddq IhII b: ICheme only mmtuxs Ihe nwmcn for 1be~ .. Ihr. . . . . . «* 0( fud and the ~ IlIpI-

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OIW opuuon ~ IbuIed Con.,..s IhII ~ 1CpII:Ia:I .. 2A Iw::an wiD Jd IIIacIIoII W1d __

ENERGY

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PPI'RA • pM1 conIribuwd 110 !he

crnc:rar:nce 0( bnd~ ~ ~

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.. \he ~ 0( lIE fuad 110 1ICkIdcpc:q*, ......, . . ~ JM ~ Ia 0Iber WOIdl. !hey did IlOl (Il10'11 pcMlI a.ionI; hy' dI:.I fill own . . . ..m,; dEy_IDlIIIIIJtoediatle nde bI.c.o(.tIdIal, WI: btnd __ • !tluade and _ fit ead 0( tbr dIy hi • wb:tI:

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~ 10 povtdt ba 0( . . . . klBd aait..t IidwF catd'aIcs, yau will CII;IIOe 10 fie oondrtIIIr:m 0( who is raDy ~ fiE! in ct.. aJtd'Y Ind

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.t.Ie~y by the ruks"

-""'F'mlIcum SuppJrt Fwd

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'\IJhm b ~ CDI . . hIIta It.t the putT1I pnce, b: pa. aICIl QIIIra:I • maney, wbdI • J-.l • at.idy. WheII theft: • CI'I'Cf.ftlCtMl)', dW. IS, wben ~ ...... «*iI_lt.tthe~ pr;ct, we ~ t.:k 10 fie . - . mmf- f'u eumPe, cbq fIE V.,.. Acb . . -..ta the prad Jnle'" N65 tnt fir; mdtoil P'1Oe~ IoUJper t.rd, !he nwketm J.:I bet III the fund. I ~tIIIII ~ bid.: NI..6biUion t.i: ., !he

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Faimi~~ IIt_

On !he II&.cF .motIIIl . . 0 . ~~.u.ty­ ~Tnbt.-d~

• the - - . pkya- .. he __ WllbtMr D MIIiI aWcta ~ N'IF'l-QIfII.-p:aIy a:.J II:rrIWJIb • CO'l'Dned e&JaWY (I oYa'" I~JXI) JftIlion lirra, .:I __ 'c:wn ... "'---" _ ~


THISDAY, 31 JANUARY, 2012