BUSINESS 115

Business Appointments P27 The resounding 'halleluyah' over increase in retirement age

Govtlto enforce patronage of local products on MDAs BY .... m.n ateuion of me: local contmt We are thinking of reviewing our local procurement '1'1-IE Fedenl Government to goods procu.mI by gowm- procedures to differentiate between locally manu­.I rT1i1)"soon put in pbcu JXlI: m~('$ orp.nlsaOons wu ky that would enforce lOcal aimed at Ir.c:rusing the oS: factured products and the ones that are import-~:I~:~i~~~ ~:~a:~!.u~ ed ... We are also embarking on an industrial revolu-Agmdes (M~lln the coon- gcn~don and, ultimatl"ly; tion that is anchored on areas where we have com-~ cmnomic grov.th and d~l-"" _ g."mm",,"'" opmmL paralive and compe~1ive advantage.

'AOO-IdcorripelgJYelTlmCmJal Aganga spoke during the toUnuCaaur!:1l AssocYtion of lhings th.ltar!:prorumJ by the aIllrm5 and m!ir oJgmdes to ongoing workshop on Nigtrll to ensu~ that loal f«lcR1 GcM!:mmerll beausc patronise mace In Nigeri.J -.:nhandn(thcProductMtyol manuraauT!:rsalsogor.h~ thegovmlmentisthebt~ products. IndUStries. In Lagos, on stum-inthesuoolVofgOOds spmdetlnlhceconomy.So,we

Mlnlstt'f or Trade and Thcsd.1y. to be procured 6Y the gomn. aT!: looking ilt thto i[roms that Investment, l t; OIusegun H~ said mat his minlsay was men. .line procui'ed locaIl'!' We ;ttl' ~n~sa~~~~~~~Y~"~~7,~rn.~ __ wo __ '~_n~g:-___ W_'_m~~_m~' ___ ~~='R~~:::n~g~':I~rn.~I:&~o:r~:wmtm&~~~~~:mm~m:'~I:nd:,wn>5::~~~ Fertilizer producers canvass policy to encourage local production Fr<m .... ~ ~ opt:nlng CUWlony of th~ Q..8 ers. soft Imn. olIddress llucruadnS "'OiE Fed~rolI.l Governm~n! Prfvat~ S«tor fnvaDnmt ~Id~ th~ Iqlslation. h~ £omPl m:hang~ Tilte. hlgfl J.has becn ..... 1sed to put In Workshop on ~~ !\;.Ink gidml'newOlSrieedforml' landmgandponchargros.

nrocdtd to [)nt~lopm~nt. Manag~men! gOW!mmem (0 provld~ con· According to the leadt'r of

;;~~~;in1.~vt'Stors Into .md invesDnt'flt in fertilizer ducm and ravourable ~nvJ· tht' Nigerian fentlizu p~ I rl'rtillzerpro- producUon, In Ahuja yester· ronmt'O( for (hl' ducers,Nlgeriahaslht'polt'n-

doll}t lrl\tiwrs,putlnplattSusGlIn- tlal to product' 3.5 million &u11 said h~ w.l'i lure that ablt' policy that wou ld lon~ordlt'comrnodityYNr.

the I~glsladon, If t'nacrW. addresshlghlntt'f"t'Slr.II:rand Iy. a~inst tilt' yt'arly con· would ht'lp to protect the bank chargtt sumption ratt' of 600.000 Int~rrst of th~ produCt'r. Hulsoemphulsedtht'need Importt'rs.supplkrandfann- for govc.rnmt'nt to provldt'

Airlines introduce fuel surcharge on fares worldwide FOIII W. st.dn. "'lint. ~ A IRUNES worldwtde hallt:

I'linrroducrd fuel surcha~ to their liI~ to rushion ~ dfm of the RJobaI rise In the prier d avtatlon fud on thdr op".llu<u.

Their ~n h.u howevn. bttn I rupportal by tht' Internallonal Air Transpon Association (lATA), the- dear· Ing house rOI a ll aJrlln~ ""rt_ Reports saJd abiln~ an now

""""'"" """ ",,,,dlie< by i~g In wlnglt't aircraft, which helps them to .sa"""

dght per emt of aviation fud during n"tilt opttations, In ordt'r to m:tuc~ costs. So<aldng on IU """,_ md lht' cfialkn~ factng the airlines and Olhe-rs l honly beJon! lht' opening of the SL4 billion Maynard Jackson Jr. International Airpon Tennina l at me Hartfield· Jackson Inlt'n\ational Alrpon. i\I.1antaGeorgia,~rda)\ mt' Chief ExecutM o r Delta Alrllnt'l, Richard Andt'non said tht' airfint' was in~ """",00""-_

He 1amm~ that alrllnt's

w.:R l"adng twd tlmt's ~ mt' matter; ~ that the 1ncn!~lng riSt' of madon fud, otherwi.st' known .u JET AI ~ I'orce us to pm our tick· c:u(~rramr· A winglt't is a featune used on

lht' wings of some aircraft to ImplVYl! ae-rodynamlcs. TIlt' US{' or the dt'vkr on aircr.l.ft an Improve fuel dlkkncy by up 10 dght percmt on lOng· haul njgltrs.

Afrcrift giant. Bot'ID$ SOl id reoen~ that 1[$ new '!Inglc:u -'<I p"""", ""'" ......... ings ofup to dghl per emt

percmt on the SOImt' routt'S. 8ot'lngsakl it has ukm more

thom 1,000 ortko: and pnM­sIorW commftmmts 10 buy the plane from 16 ~ AIrbus has takm l,l89 firm orders and 266 provisional on:Jer-s for Its competing I\C!O at the end or Mardithis~1:

Wlnglt'tS I\a\It' ~ stilin­dard on tJl~ 717. PIo~ by ~Mdt conducttd by NASA, tht')' ht'lp to Improve fuel bum by reductng drag and

~~~~1fft~~ OIlt toward Its tip.

find out whICh or tht"Se Ilt'IJIS .line available locally. so th.lt our Ioa.l manuCactUn:rs un

"""'''''''-"One or the highlight! of the workshoptodayls tiOwwean put In plaCt' an institution­alised fralTlt"WOrk that will ~Iow us to match the govmt­menlo the Manufactunel'S Association or Nlger1a and InnaYilton topossl6ly~an off-Lilkr agrffml'nu with them 10 Nt manufacturers un use that to TiI~ funds needed to growmelr buslnes.s-~.

Ht' added: "We ane mlnking of neviewtng our local procure­ment p~u~ todlffel"tnti­atf' bdv.ftn 1oc.o111y manuCac· tum! products and the OotS that .line Imported. Whl'n: mene is iI dlffenendal of about 15 percent. wewlil rmewthat to St"{' If l5 percent Is the right number, otwhether some ste· tors should ~ less or more. \-Ik a~ working with MAN to rome up with me right num­ber In this ~rd: ht'.saki The minister said me Ft'drral

Government wu considt'ring a new pa~l&n that would boost th~ ~nt of the Slt'ellndUSO}t 0lS pm of indus­trial revolution. AgangJ saki that his mlnlsay

would partner the Minlsay 0( Solid Minerals and Stt'el ~t to implement a backwird Integration polity that 'Aill ma.brt' mt' country Cllplone and pn:n$$ me abun­dant Iron one dqlosits across the coun~ In Order to sup­port Industrial growth and dew:lopnlt'flL "We .line also ernbarldng 011 an

Industlial maludon that Is anch~ on aneas when we hallt: rompaTilti'lo't:' and com­petitive advantilg~, such as agti·buslness. solid mint'fills and pttrodtcmiGlls. Also. we are conct'fluadng on growing the Industries that;ttl' labour· Intensi'lo't:' so that ~ will be Able to mAre Jobs ror our tt'eming population. For aampit', In the minin~lat· t'd IndllSUJ we an: collaborat·

CONTINUED ON PAGE 16

edical Treatment in India

Treatment ASSi s tance'" .... , ......... ft ........... _ •• 1.

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