NAF COMPLETES LOCAL REASSEMBLY OF FIRST TWO H125 HELICOPTERS IN LAGOS. (PHOTOS). #PRESS RELEASE.

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 NAF COMPLETES LOCAL REASSEMBLY OF FIRST TWO H125 HELICOPTERS IN LAGOS The Nigerian Air Force (NAF) has successfully completed the local reassembly of its first two H125 helicopters at NAF Base Ikeja, Lagos, following their delivery by Airbus. Conducted with the support of Airbus technical personnel, the exercise marks an important milestone in strengthening technical collaboration, facilitating knowledge transfer and enhancing NAF personnel’s practical exposure to the support and maintenance of modern rotary-wing platforms. The Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, described the development as a positive step towards strengthening the NAF’s technical and operational capacity. He stated, “Beyond acquiring modern platforms, we are committed to developing the knowledge, partnerships and support systems required to maximise their operational value and sustain them throughout their service life.” The H125 helicopters will provide valuable additional capability ...
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FCCPC ESTABLISHES POSSIBLE MANIPULATION OF CEMENT PRICES IN NIGERIA. (PHOTO).

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 FCCPC ESTABLISHES POSSIBLE MANIPULATION OF CEMENT PRICES IN NIGERIA


The Federal Competition and Consumer Protection Commission (FCCPC) says it has uncovered possible manipulation of cement prices in the Nigerian market following a three month industry-wide investigation.

                

The FCCPC discloses this in a statement, saying the preliminary findings, contained in a 40-page field report, follows a cross-border study by the Anticompetitive Practices Department (ACP) of the Commission in response to complaints over the high cost of cement.


According to the Commission, the investigation was prompted by concerns over Nigeria’s comparatively high cement prices despite its substantial limestone deposits, domestic production capacity and reported surplus capacity.


It adds that all major cement manufacturers made their records available to the Commission, except one, while publicly available estimates show that three major undertakings account for more than 90 per cent of installed production capacity.


Meanwhile, the FCCPC extends its investigation to Kenya, Tanzania, South Africa, Egypt, Morocco and Algeria, comparing limestone availability, population, production capacity and consumption.


A 50-kilogramme bag sells for 5.40 dollars, equivalent to 7,344 naira, in Kenya; 4.80 dollars, or 6,528 naira, in Tanzania; and 6.75 dollars, or 9,180 naira, in Togo, which has no limestone deposits.

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