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Harmonise Taxes, Fix Bad Roads, Manufacturers Tell Amosun



  • Harmonise Taxes, Fix Bad Roads, Manufacturers Tell Amosun

Manufacturers Association of Nigeria, Ogun State branch on Thursday listed bad roads, multiple taxes and levies and dearth of other facilities as some of the major things adversely affecting the smooth operation of business of member companies in the state.

They made this known during their 33rd Annual General Meeting held in Abeokuta, where new executive members were elected.

The manufacturers came from Agbara-Atan, Sango- Ota, Iperu, Abeokuta, Sagamu among others.

Speaking through the outgoing Chairman, Mr Wale Adegbite, who later relinquished his position to Mr Seleem Adegunwa, MAN said apart from paying taxes to the federal and state governments, its members still had to contend with levies from officials from local government and local development councils.

Adegbite noted that there was the need for the state government to harmonise the taxes and levies by hastening the passage of the bill on the harmonisation of taxes and levies currently before the state House of Assembly.

He also raised the issue of water abstraction regulation, which he said the manufacturers in the state were equally contending with.

Giving his report for the outgoing year, Adegbite said, “The business environment in Ogun State was characterised by exorbitant demands from the Ministry of Environment and the State Environmental Protection Agency on issues such as construction of effluent treatment plants and air pollution abatement measures, especially by steel companies. Many companies were threatened with being sealed up and some were sealed for reasons related to the two issues.

“Local governments and Local Council Development Areas also contributed to the tense business environment in the state by serving on members unsubstantiated and illegal demand notices which members were asked to disregard.

“The bad state of roads in the state, especially within Agbara and Ota led to series of accidents involving trucks of member companies, resulting in loss of goods, time and money.”

At a breakfast meeting held with the Ogun State Governor, Senator Ibikunle Amosun, they appealed to the governor to fix the bad roads, especially in the Agbara axis.

Adegbite added that during the year under review due to high cost or running business, some member companies had to retrench their workers and some suspended operations.

The Governor who was represented by the Commissioner for Commerce and Industry, Bimbo Ashiru, said his administration was committed to creating enabling environment for businesses to thrive.

In his own keynote address, the Speaker of the Ogun State House of Assembly, Suraj Adekunbi, said the bill on the harmonisation before the House had passed second reading, promising members would hasten work on its passage.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.


Transcorp Hotels Expand into Marketplace, Launches Aura to Connect People, Hoteliers, Others



Transcorp hotel

Transcorp Hotels Plc, on Thursday, announced it has launched a new digital platform, Aura, through which people can book accommodation, restaurants and experiences.

Aura, Transcorp’s first in the alternative accommodation segment, is part of the company’s asset-light model, leveraging technology to deliver true hospitality, exciting experiences, and drive shareholder value.

It’s a new dawn in the hospitality industry! I am thrilled to introduce you to Aura by Transcorp, the digital platform we are using to connect people to quality accommodation, great food, and awesome experiences,” Managing Director and Chief Executive Officer of Transcorp Hotels Plc. Dupe Olusola said.

For more than 30 years, Transcorp Hotels Plc has been at the forefront of creating a superior guest experience at our locations. Today, our commitment to innovation has offered us an opportunity to extend this beyond the hotel premises,” Olusola added.

The launch of Aura by Transcorp is one of the most significant developments in the company’s history as it seeks to transform the travel and tourism industry in Africa by focusing on three important components of travel, whether for leisure or business — where you stay, what you eat and how you spend your time. With its people-driven hospitality model, Aura is set to revolutionise travel and help remind Africans of our deep history of hospitality.

Speaking on the launch of Aura, Obong Idiong, Chief Executive Officer at Africa Prudential Plc, Aura’s technology partners, expressed his excitement. “Finding the right accommodation when you travel can be incredibly complex. Options available for the right prices are often limited, and travellers sometimes end up with accommodation that taints the travel experience. Transcorp Hotels Plc has been able to fix that with Aura and we are proud to be associated with them.”

To ensure topnotch user experience, we built a solution to drive digital transformation through the adoption of shared living spaces for the Aura business. With an advanced search algorithm powered by artificial intelligence, Aura determines the relevance of locations taking into consideration, the customers’ preferences and requirements to meet them at the point of their needs,” Idiong added.

Priscilla Adeboye, a travel enthusiast and early adopter of Aura, said the global pandemic has pushed international travel down her list. “But I still want to be able to take some time off work or spend a weekend away from home with the family. I have found incredible homes on Aura that meet my need for space and privacy.


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Siemens Energy Nigeria Appoints Seun Suleiman as Managing Director




Seun Suleiman is the New Managing Director of Siemens Energy Nigeria

Mr. Seun Suleiman is the new managing director of Siemens Energy Nigeria, the company announced on Wednesday.

According to the statement released by the energy company, Suleiman will be responsible for the entire management of operations and decisions on business policies and corporate strategy.

Commenting on his appointment, Suleiman said, “It is an absolute honor to lead the business for Siemens Energy Nigeria and I look forward to delivering on the brand’s promise of excellence.

Suleiman joined Siemens Energy in 2014, bringing over 15 years’ experience and deep expertise in the private sector across Europe and West Africa.

The statement said, “He is an accomplished business strategist and success-driven leader with strong business acumen. Suleiman has also been a core member of the executive management team at Siemens Energy serving in roles as Sales Director West Africa – Service Distributed Generation Oil & Gas and Vice President Service & Digital.

“Prior to this, he also held various functional and managerial positions with ABB Ltd UK, ABBNG Nigeria, Schneider Electric Nigeria and Dresser-Rand Nigeria Ltd.

It added that Suleiman was experienced in establishing operational excellence with specific competence in the power, oil and gas sectors.

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FG Reopens Osubi Airport Warri for Daylight Operations




FG Reopens Osubi Airport Warri for Daylight Operations

The Federal Government on Monday said the Osubi Airport in Warri has been reopened for daylight operations.

The Minister of Aviation, Hadi Siriki, disclosed this in a tweet.

The airport was closed in February 2020 over mismanagement and debt allegation involving aviation service providers and airport management.

However, Oberuakpefe Afe, a lawmaker representing Okpe/Sapeie/vaie federal constituency, recently moved a motion for the Federal Government through the ministry of aviation and relevant authorities to reopen the airport for flight operations.

On Monday, Hadi Siriki said “I have just approved the reopening of Osubi Airport Warri, for daylight operations in VFR conditions, subject to all procedures, practices and protocols, including COVID-19, strictly being observed. There will not be need for local approvals henceforth.

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