Breaking
Political commentators say that Akeredolu, who has an idea about his illness, must have planned it in advance by giving his son such enormous power to render the deputy governor’s office incapacitated. It was learned that Governor Akeredolu allegedly sidelined his deputy with the consent of his wife who was said to be against Aiyedatiwa as her husband’s successor. The governor’s wife is said to prefer Oke, who hails from Ilaje, Ondo South State, to take over from her husband because there might be a gubernatorial ticket. For example, former Governor Mimiko who hails from Ondo Central served for eight years, Akeredolu from Owo, Ondo North will be eight in 2025 so the ticket will automatically revert to Ondo South. Oke and Aiyedatiwa are from Ilaje, Akinterinwa from Ile Oluji, Akintelure who was Akeredolu runner up in 2012 is also from Ondo South. The Guardian concluded that since the governor’s wife had enormous influence in Ondo politics, she probably facilitated the appointment of the current deputy governor before they parted ways. This may not be due to the fact that he felt Aiyedatiwa was too ambitious. But attempts to remove Aiyedatiwa failed. The recent Speaker of the Ondo House of Assembly, Bamidele Oloyeloogun, was involved in a plot to initiate impeachment against Aiyedatiwa, but Oloyeloogun refused to participate. Another dangerous game was propaganda to the immediate past Speaker of the Ondo House of Assembly, whose forces wanted to agree on the impeachment of Aiyedatiwa. Unfortunately, the strategy didn’t work. The plan was to ensure that Oloyeloogun would start an impeachment against Aiyedatiwa, but the former speaker got chills from the move. The idea to force Oloyeloogun to resign was to bring in another speaker, perhaps from Owo, Ondo North, to remove Aiyedatiwa if Akeredolu does not return, but the new speaker, who was supposed to come from Owo, Ondo North, simply resigned. . to complete the governor’s mandate. The new speaker will then have no chance to contest the governorship primaries next year because he is not from Ondo South. Unfortunately, the plan failed. Therefore, Oloyeloogun’s signature on the resignation letter was forged and made available to the media, but a speaker in close proximity shouted that his signature was forged. Aiyedatiwa, who was informed of his impeachment plan, quickly contacted the party’s National Secretariat and the Presidency, who sent security agents to surround the Ondo State House of Representatives to prevent Aiyedatiwa from being impeached or Oloyeloogun resigning as Speaker. Following the March 18, 2023 State House of Assembly polls, the Oloyeloogun-led Ninth House of Assembly was dissolved and a new Speaker, Olamide Oladiji, who hailed from the Central Senate Zone, was elected. This shut down the plan to bring in another speaker from Owo North. to end Akeredolu’s tenure. But the plot to get rid of Aiyedatiwa did not stop, his bad guys also organized another plan claiming that he molested his wife which failed again. Opponents of Aiyedatiwa also believe that although he hails from Ilaje, the southernmost largest constituency, their argument is that Aiyedatiwa does not have the capacity to govern Ondo and is not as deeply rooted as Oke, Akinterinwa, Akintelure and others in Ondo region. politics For them, Aiyedatiwa also lacked the necessary leadership. For example, the deputy governor is said to have started presenting himself as the governor even though power has not yet been transferred to him, portraying the behavior of someone who can intimidate other members of the cabinet. Other party sources said Aiyedatiwa’s ordeal could worsen now that the governor is back. Whatever the case may be, experts are crossing their fingers to see how Akeredolu handles the various security reports and other intrigues and the inclusion of all over time.
April 29, 2024

Nigerian paper mills collapse, imports hit N297bn in six months

By admin May11,2022
Paper mill

Paper mill

…country loses N180bn from collapse yearly

Nigerian paper mills have collapsed years after privatisation, forcing the economy to depend on imported paper for its needs.

According to data from the National Bureau of Statistics data, Nigeria imported paper and its allied products worth N296.696bn between July and December 2021.

While paper valued at N188.137bn was imported in the third quarter of 2021, import in the last quarter of the year was estimated at N108.559bn.

A former Chairperson of the Pulp, Paper and Packaging Group of the Manufacturers Association of Nigeria and Chief Executive Officer of FAE Limited, Mrs Layo  Bakare-Okeowo, told The PUNCH the local paper industry was dying and in need of urgent government intervention.

She said, “We need to have a functional paper industry in Nigeria. Egypt has 25 paper mills but how can Nigeria with a bigger population have no functional paper industry.”

Bakare-Okeowo said governments at various levels must provide the right enabling environment for the industry to operate.

“This is a sector that has been abandoned. Let us forget about what has happened to paper mills and focus on the crisis in the paper sector. We want the government to save this sector by providing the enabling environment,” she noted.

Nigeria once had three paper mills in the country: the Nigeria Paper Mill Limited located in Jebba, Kwara State; the Nigerian Newsprint Manufacturing Company Limited, Oku-Iboku, Akwa Ibom State; and Nigerian National Paper Manufacturing Company Limited in Ogun State.

But the mills are no longer operating even at half of their capacities.

The NNMC Limited, Oku-Ibokun, is said to have been taken over by the Asset Management Company of Nigeria.

Jebba and Iwopin are struggling. Sources in the sector told The PUNCH that some of the investors who bought the paper mills from the government since the 2000s had been merely interested in importing papers while claiming to be producing them locally.

“They also did not invest in them. Some of them also did asset stripping,” a source, who did not want his name mentioned, said.

According to a former Director-General of the Raw Materials Research and Development Council, RMRDC, Peter Onwualu, and Director at RMRDC, Abimbola Ogunwusi, the inability of the three paper mills to work cost Nigeria about N180bn annually.

They noted that the Nigeria Paper Mill, Jebba, produced 65,000 tons of kraft paper, liner and chipboards, sack kraft, fluting media and corrugated cartons per annum as of 1965.

The Iwopin Pulp and Paper Company, on its part, was built to produce 68,000 tons of fine writing, printing and cultural papers.

On the other hand, the Nigerian Newsprint Manufacturing Company’s newsprint mill had an installed capacity of 100,000 tons of newsprint per annum.

However, they noted that the mills were unable to meet the targets due to the country’s lack of capacity to produce major inputs such as long fibres.

Also, dependence on imported long fibre pulp and chemicals as well as epileptic energy supply were critical challenges in the industry.

There are, however, new paper firms that are expanding investments. Dahua Paper Company is planning to invest $500m in tree plantation in Ogun State to enable it get raw materials for paper production. Another is Onward Paper Mill, which recently signed a recycling agreement with Tetra Pak. Bee Paper is also one of the new companies that have sprung up to replace unfunctional paper mills.

The paper industry is a big business, and a number of firms, including newspaper companies, depend on paper for sustenance.

Global paper and pulp market was $348.43bn in 2019, according to Statista, and this is expected to reach $679bn by 2027, but Nigeria is not in the party.

Many players say the paper industry collapsed after privatisation in the 2000s as due diligence was not done before selling the paper mills’ assets.

A researcher at Nasarawa State University, Zaccheaus Tunde Egbewole, suggested in his paper that “the only and urgent remedy is to put in place machinery for massive sustainable wood production.”

He further said, “The use of indigenous wood species and agricultural residues should be encouraged for long fiber pulp production. Efforts should further be made for a stable power supply from the national grid to ensure the sustainability of industrial growth most especially in the pulp and paper industries.”

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Political commentators say that Akeredolu, who has an idea about his illness, must have planned it in advance by giving his son such enormous power to render the deputy governor’s office incapacitated. It was learned that Governor Akeredolu allegedly sidelined his deputy with the consent of his wife who was said to be against Aiyedatiwa as her husband’s successor. The governor’s wife is said to prefer Oke, who hails from Ilaje, Ondo South State, to take over from her husband because there might be a gubernatorial ticket. For example, former Governor Mimiko who hails from Ondo Central served for eight years, Akeredolu from Owo, Ondo North will be eight in 2025 so the ticket will automatically revert to Ondo South. Oke and Aiyedatiwa are from Ilaje, Akinterinwa from Ile Oluji, Akintelure who was Akeredolu runner up in 2012 is also from Ondo South. The Guardian concluded that since the governor’s wife had enormous influence in Ondo politics, she probably facilitated the appointment of the current deputy governor before they parted ways. This may not be due to the fact that he felt Aiyedatiwa was too ambitious. But attempts to remove Aiyedatiwa failed. The recent Speaker of the Ondo House of Assembly, Bamidele Oloyeloogun, was involved in a plot to initiate impeachment against Aiyedatiwa, but Oloyeloogun refused to participate. Another dangerous game was propaganda to the immediate past Speaker of the Ondo House of Assembly, whose forces wanted to agree on the impeachment of Aiyedatiwa. Unfortunately, the strategy didn’t work. The plan was to ensure that Oloyeloogun would start an impeachment against Aiyedatiwa, but the former speaker got chills from the move. The idea to force Oloyeloogun to resign was to bring in another speaker, perhaps from Owo, Ondo North, to remove Aiyedatiwa if Akeredolu does not return, but the new speaker, who was supposed to come from Owo, Ondo North, simply resigned. . to complete the governor’s mandate. The new speaker will then have no chance to contest the governorship primaries next year because he is not from Ondo South. Unfortunately, the plan failed. Therefore, Oloyeloogun’s signature on the resignation letter was forged and made available to the media, but a speaker in close proximity shouted that his signature was forged. Aiyedatiwa, who was informed of his impeachment plan, quickly contacted the party’s National Secretariat and the Presidency, who sent security agents to surround the Ondo State House of Representatives to prevent Aiyedatiwa from being impeached or Oloyeloogun resigning as Speaker. Following the March 18, 2023 State House of Assembly polls, the Oloyeloogun-led Ninth House of Assembly was dissolved and a new Speaker, Olamide Oladiji, who hailed from the Central Senate Zone, was elected. This shut down the plan to bring in another speaker from Owo North. to end Akeredolu’s tenure. But the plot to get rid of Aiyedatiwa did not stop, his bad guys also organized another plan claiming that he molested his wife which failed again. Opponents of Aiyedatiwa also believe that although he hails from Ilaje, the southernmost largest constituency, their argument is that Aiyedatiwa does not have the capacity to govern Ondo and is not as deeply rooted as Oke, Akinterinwa, Akintelure and others in Ondo region. politics For them, Aiyedatiwa also lacked the necessary leadership. For example, the deputy governor is said to have started presenting himself as the governor even though power has not yet been transferred to him, portraying the behavior of someone who can intimidate other members of the cabinet. Other party sources said Aiyedatiwa’s ordeal could worsen now that the governor is back. Whatever the case may be, experts are crossing their fingers to see how Akeredolu handles the various security reports and other intrigues and the inclusion of all over time.