THE GUARDIAN, 17 MAY, 2012
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Transcript of THE GUARDIAN, 17 MAY, 2012
BUSINESS 115
Business Appointments P27 The resounding 'halleluyah' over increase in retirement age
Govtlto enforce patronage of local products on MDAs BY .... m.n ateuion of me: local contmt We are thinking of reviewing our local procurement '1'1-IE Fedenl Government to goods procu.mI by gowm- procedures to differentiate between locally manu.I rT1i1)"soon put in pbcu JXlI: m~('$ orp.nlsaOons wu ky that would enforce lOcal aimed at Ir.c:rusing the oS: factured products and the ones that are import-~:I~:~i~~~ ~:~a:~!.u~ ed ... We are also embarking on an industrial revolu-Agmdes (M~lln the coon- gcn~don and, ultimatl"ly; tion that is anchored on areas where we have com-~ cmnomic grov.th and d~l-"" _ g."mm",,"'" opmmL paralive and compe~1ive advantage.
'AOO-IdcorripelgJYelTlmCmJal Aganga spoke during the toUnuCaaur!:1l AssocYtion of lhings th.ltar!:prorumJ by the aIllrm5 and m!ir oJgmdes to ongoing workshop on Nigtrll to ensu~ that loal f«lcR1 GcM!:mmerll beausc patronise mace In Nigeri.J -.:nhandn(thcProductMtyol manuraauT!:rsalsogor.h~ thegovmlmentisthebt~ products. IndUStries. In Lagos, on stum-inthesuoolVofgOOds spmdetlnlhceconomy.So,we
Mlnlstt'f or Trade and Thcsd.1y. to be procured 6Y the gomn. aT!: looking ilt thto i[roms that Investment, l t; OIusegun H~ said mat his minlsay was men. .line procui'ed locaIl'!' We ;ttl' ~n~sa~~~~~~~Y~"~~7,~rn.~ __ wo __ '~_n~g:-___ W_'_m~~_m~' ___ ~~='R~~:::n~g~':I~rn.~I:&~o:r~:wmtm&~~~~~:mm~m:'~I:nd:,wn>5::~~~ Fertilizer producers canvass policy to encourage local production Fr<m .... ~ ~ opt:nlng CUWlony of th~ Q..8 ers. soft Imn. olIddress llucruadnS "'OiE Fed~rolI.l Governm~n! Prfvat~ S«tor fnvaDnmt ~Id~ th~ Iqlslation. h~ £omPl m:hang~ Tilte. hlgfl J.has becn ..... 1sed to put In Workshop on ~~ !\;.Ink gidml'newOlSrieedforml' landmgandponchargros.
nrocdtd to [)nt~lopm~nt. Manag~men! gOW!mmem (0 provld~ con· According to the leadt'r of
;;~~~;in1.~vt'Stors Into .md invesDnt'flt in fertilizer ducm and ravourable ~nvJ· tht' Nigerian fentlizu p~ I rl'rtillzerpro- producUon, In Ahuja yester· ronmt'O( for (hl' ducers,Nlgeriahaslht'polt'n-
doll}t lrl\tiwrs,putlnplattSusGlIn- tlal to product' 3.5 million &u11 said h~ w.l'i lure that ablt' policy that wou ld lon~ordlt'comrnodityYNr.
the I~glsladon, If t'nacrW. addresshlghlntt'f"t'Slr.II:rand Iy. a~inst tilt' yt'arly con· would ht'lp to protect the bank chargtt sumption ratt' of 600.000 Int~rrst of th~ produCt'r. Hulsoemphulsedtht'need Importt'rs.supplkrandfann- for govc.rnmt'nt to provldt'
Airlines introduce fuel surcharge on fares worldwide FOIII W. st.dn. "'lint. ~ A IRUNES worldwtde hallt:
I'linrroducrd fuel surcha~ to their liI~ to rushion ~ dfm of the RJobaI rise In the prier d avtatlon fud on thdr op".llu<u.
Their ~n h.u howevn. bttn I rupportal by tht' Internallonal Air Transpon Association (lATA), the- dear· Ing house rOI a ll aJrlln~ ""rt_ Reports saJd abiln~ an now
""""'"" """ ",,,,dlie< by i~g In wlnglt't aircraft, which helps them to .sa"""
dght per emt of aviation fud during n"tilt opttations, In ordt'r to m:tuc~ costs. So<aldng on IU """,_ md lht' cfialkn~ factng the airlines and Olhe-rs l honly beJon! lht' opening of the SL4 billion Maynard Jackson Jr. International Airpon Tennina l at me Hartfield· Jackson Inlt'n\ational Alrpon. i\I.1antaGeorgia,~rda)\ mt' Chief ExecutM o r Delta Alrllnt'l, Richard Andt'non said tht' airfint' was in~ """",00""-_
He 1amm~ that alrllnt's
w.:R l"adng twd tlmt's ~ mt' matter; ~ that the 1ncn!~lng riSt' of madon fud, otherwi.st' known .u JET AI ~ I'orce us to pm our tick· c:u(~rramr· A winglt't is a featune used on
lht' wings of some aircraft to ImplVYl! ae-rodynamlcs. TIlt' US{' or the dt'vkr on aircr.l.ft an Improve fuel dlkkncy by up 10 dght percmt on lOng· haul njgltrs.
Afrcrift giant. Bot'ID$ SOl id reoen~ that 1[$ new '!Inglc:u -'<I p"""", ""'" ......... ings ofup to dghl per emt
percmt on the SOImt' routt'S. 8ot'lngsakl it has ukm more
thom 1,000 ortko: and pnMsIorW commftmmts 10 buy the plane from 16 ~ AIrbus has takm l,l89 firm orders and 266 provisional on:Jer-s for Its competing I\C!O at the end or Mardithis~1:
Wlnglt'tS I\a\It' ~ stilindard on tJl~ 717. PIo~ by ~Mdt conducttd by NASA, tht')' ht'lp to Improve fuel bum by reductng drag and
~~~~1fft~~ OIlt toward Its tip.
find out whICh or tht"Se Ilt'IJIS .line available locally. so th.lt our Ioa.l manuCactUn:rs un
"""'''''''-"One or the highlight! of the workshoptodayls tiOwwean put In plaCt' an institutionalised fralTlt"WOrk that will ~Iow us to match the govmtmenlo the Manufactunel'S Association or Nlger1a and InnaYilton topossl6ly~an off-Lilkr agrffml'nu with them 10 Nt manufacturers un use that to TiI~ funds needed to growmelr buslnes.s-~.
Ht' added: "We ane mlnking of neviewtng our local procurement p~u~ todlffel"tntiatf' bdv.ftn 1oc.o111y manuCac· tum! products and the OotS that .line Imported. Whl'n: mene is iI dlffenendal of about 15 percent. wewlil rmewthat to St"{' If l5 percent Is the right number, otwhether some ste· tors should ~ less or more. \-Ik a~ working with MAN to rome up with me right number In this ~rd: ht'.saki The minister said me Ft'drral
Government wu considt'ring a new pa~l&n that would boost th~ ~nt of the Slt'ellndUSO}t 0lS pm of industrial revolution. AgangJ saki that his mlnlsay
would partner the Minlsay 0( Solid Minerals and Stt'el ~t to implement a backwird Integration polity that 'Aill ma.brt' mt' country Cllplone and pn:n$$ me abundant Iron one dqlosits across the coun~ In Order to support Industrial growth and dew:lopnlt'flL "We .line also ernbarldng 011 an
Industlial maludon that Is anch~ on aneas when we hallt: rompaTilti'lo't:' and competitive advantilg~, such as agti·buslness. solid mint'fills and pttrodtcmiGlls. Also. we are conct'fluadng on growing the Industries that;ttl' labour· Intensi'lo't:' so that ~ will be Able to mAre Jobs ror our tt'eming population. For aampit', In the minin~lat· t'd IndllSUJ we an: collaborat·
CONTINUED ON PAGE 16
edical Treatment in India
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