According to report from the House of Representatives, Nigerians should not expect the passage of the N7.3 trillion Budget 2017 until after Easter. The Green Chamber, through the Chairman of its House Committee on Media and Public Affairs, Abdulrasak Namdaz, said the “Budget of Recovery and Growth” will be ready after the Easter celebrations. Namdaz told reporters at a news conference on the weekly activities of the House yesterday said there is no way the budget can be ready before the resumption from the three- week impending Easter holiday. The Easter break begins on April 11. Namdaz said: “Hopefully, we will pass this budget when we come back from the Easter break. Even the Federal Government is taking advantage of the non-passage of the 2017 Budget. “You were in the plenary today when the Minister of Budget and National Planning said if they’re able to reconcile some figures, they are likely to approach us (for inclusion in the budget). this budget is long overdue for passage, we employ the federal government to fully implement this budget of recovery and Growth to make life better for the citizens this time. we should not just see the figures on paper but the implementation should be the key. There are major infrastructure that need urgent attention like power, roads and health care sectors. we plead with the government of the day not to relent in fixing these areas.
The chemical and Allied Products make a boost as they’ CAP Plc inaugurates automated factory ‘- Chemical and Allied Products (CAP) Plc, a subsidiary of UAC of Nigeria Plc. (UACN), has commissioned its new state-of-the-art in-plant tinting factory.CAP Plc is the manufacturer of Dulux premium brand of paints and the technological licensee of AkzoNobel.In his welcome address at the commissioning event at the company’s factory in Lagos, the Managing Director, CAP Plc, Mrs. Omolara Elemide, noted that the acquisition of in-plant tinting technology was well-thought-out. She said it was intended to place the company in alignment with market trends as well as meet the increasing customer demand for paint colours in small volumes. Elemide revealed that the company invested in the new automated In-Plant Tinting Technology, which is the first of its kind in Nigeria, to continue to push the limit of excellence in the paint industry and reaffirm its leadership. This initiative would place the company on a high rating in terms of technology in Nigeria. This will add value to the company and its products.
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