$150M ALUMINIUM, COPPER INGOTS PLANT BERTH IN OGUN, SET TO EMPLOY 500.(PHOTO).#PRESS RELEASE

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 $150m Aluminium, Copper Ingots Plant Berth in Ogun, Set to Employ 500 The current influx of investors to Ogun State has yet to abate, as another recycling plant for the production of aluminium and copper ingots has been established in the state. The Managing Director and Chief Executive Officer of Neveah Ltd, Mr. Ibidapo Lawal stated this on Monday after a meeting with Governor Dapo Abiodun in his office at Oke-Mosan, Abeokuta. Lawal noted that the multimillion-dollar recycling plant, when fully operational and at full capacity, would generate over $150 million annually and employ more than 500 people. He said the plant would recycle aluminium scraps from car engines, cans, and other metals into ADC 12 and export them to car manufacturing companies in Asia, Japan, Indonesia, and a host of others. He said: "The plant is situated in Mowe, and it will employ more than 500 people, thereby creating jobs locally and also contributing to the development of Ogun State and Nigeria as a wh...
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WE PASSED THE REPORT OF THE NIGERIAN FINANCIAL INTELLIGENCE UNIT TODAY-SARAKI.{PHOTO}.

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     Senate President Bukola Saraki wrote on social media few hours ago that ''Today, in-line with our commitment to support the fight against corruption through legislation, we passed the Report of the Nigerian Financial Intelligence Unit (NFIU).
Many of you will remember that late last year, the Senate raised the alarm over Nigeria’s suspension from the EGMONT Group -- based on the lack of independence of the NFIU as currently established.
This is why, both chambers of parliament swung into action to ensure that our current suspension, does not turn into an eventual expulsion.

Hence, today’s passage of the Conference Committee Report of the Bill is aimed at ensuring that we comply with international best practices, so that we will be able to access the financial intelligence data of the EGMONT Group.Moving forward, it is my hope that the Executive quickly assents to this Bill. Additionally, it is important that beyond the establishment of the law, Nigeria’s Financial Intelligence Unit will truly be independent''.
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