Sugar Levy, Inflation, Others Driving 30% SMEs Out Of Business – Operators

He stated that manpower in the oil and gas industry had reached 81 per cent Nigerian content as of November, while project management as of that month was 80 per cent.Zeroing in on year 2022, the executive secretary revealed that, ‘performance was largely driven by the contracts awarded under the [Nigerian Liquefied Natural Gas] Train 7 Project.’

The executive secretary informed stakeholders that the board has commenced the process of “allocation of serviced plots to manufacturers of equipment components, spares, and tools required in petroleum industry operations to kick start operations within its Nigerian Oil and Gas Parks industrial parks at Emeyal 1, Bayelsa state, and Odukpani in Cross River state,” assuring that, “construction work is also ongoing at the other NOGAPS parks in Akwa Ibom, Imo, Delta and Ondo States with Edo as the...

In his own remarks, the NNPC boss assured the nation that the effort to deepen utilisation of gas to drive industrialisation and economic development was very much on course.

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Sugar Levy, Inflation, Others Driving 30% SMEs Out Of Business – OperatorsSmall business owners have decried the current N10 sugar levy which has compounded high inflation and insecurity that have driven at least 30 per cent of
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