Africa Quality Assurance Centre in Ogun to Begin Operations Q2 2022

Image

By Modupe Gbadeyanka

The construction of an Africa Quality Assurance Centre (AQAC) by the African Export-Import Bank (Afreximbank) has commenced in Ogun State, Nigeria.

The centre is the first in a series of quality assurance facilities Afreximbank intends to establish across Africa to support industrialisation across the continent by ensuring that products from the continent are manufactured to international standards to enable them to participate in intra-African and global trade.

The AQAC is strategically located on a 5-hectare plot of land allocated by the Ogun State Government along the Lagos-Ibadan Expressway.

The project site is 65km from Lagos, Nigeria’s main port city and commercial capital, and 75km from Ibadan, a major commercial and industrial hub in south-western Nigeria. It is also at the centre of a region known for export agriculture.

Business Post gathered that construction of the Ogun State AQAC commenced on February 25, 2021, and is expected to commence operations by the second quarter of 2022.

The facility will provide more than 400 jobs in the local area, including over 180 in the highly skilled areas of quality assurance, testing, inspection, and certification.

In addition, an on-site training academy will provide the public and private sector with training in standards and quality assurance, as well as the skills necessary for businesses to compete in regional and international markets.

It was learned that the centre will be a state-of-the-art facility with the capacity to offer testing, certification, inspection, and training services covering agricultural products.

The first-class quality infrastructure is considered critical in facilitating trade under the African Continental Free Trade Agreement (AfCFTA).

A world leader in testing, inspection, and certification, Bureau Veritas, is the technical partner on the project and will manage and operate the facility.

The partnership between Bureau Veritas and Afreximbank will ensure that AQAC meets the ISO 17025 standard for testing and calibration laboratories, to ensure the credibility and reliability of the range of services provided, including physical and chemical testing, contaminant analysis, microbiological testing, water analysis, soil analysis, plant analysis and organic substrate analysis, among others.

Courtney Michael Partnership Nigeria Limited, a Nigerian based company specialised in project management and construction management services, are the project managers, while Monterosa Construction Ltd, Nigeria and Lambert Electromec Nigeria Ltd are providing construction services.

“African businesses are set for a major step-change as the AfCFTA opens up new markets across the continent and the globe. To make their mark in countries around the world, African products must meet international standards.

“The AQAC in Ogun State will help deliver the highest quality African goods, strengthening their competitiveness and providing confidence to buyers.

“This is an important step, not only in underpinning the Made-in-Africa brand but as a driver for greater exports, increased manufacturing and more resilient economies across the continent,” the President of Afreximbank, Mr Benedict Oramah, said.

On his part, the Senior Vice President of Bureau Veritas Africa, Mr Marc Roussel, said: “We are very proud to be involved in this project and believe it can effectively shape trust between companies, public authorities and consumers.

“The AQAC will help improve the quality of Nigerian agricultural and food products, providing a boost to businesses and ensuring the well-being of local consumers.

“At the same time, compliance with international standards will facilitate access to export markets and thus increase the economic activity and employment in Nigeria.”

Share
Related Stories
Image
20-September-2023

Three Nigerian Women Entrepreneurs, Others for AWIEF Awards

By Precious Olisa Three Nigerian women entrepreneurs have been selected among 24 finalists for the 2023 African Women Innovation and Entrepreneurship Forum (AWIEF) awards. The Nigerians are the CEO of Bridge Merchant Enterprise (Agri Entrepreneur Award), Ms Chinwendu Nweke; the CEO of Clean Technology Hub (Energy Entrepreneur Award), Ms Ifeoma Malo; and the co-founder/CEO of D-Olivette Global Enterprise, (Social Entrepreneur Award), Ms Damilola Aminat Adeyemi. Launched in 2017, the annual AWIEF Awards is an initiative to recognise, honour, and celebrate women entrepreneurs and business owners in Africa across various industry sectors for their achievements and contribution to the continent’s inclusive

Image
01-October-2023

NDLEA Nabs Suspected Kingpin in UK Drug Export Bust

By Adedapo Adesanya The National Drug Law Enforcement Agency (NDLEA) has arrested a suspect wanted for attempts to ship illicit drug consignments to the United Kingdom. This was made known in a statement signed by the NDLEA spokesman, Mr Femi Babafemi, on Sunday. He further disclosed arrests made by NDLEA operatives through interdiction operations that led to the seizure of four tons of illicit substances in the past week. According to the agency, the suspect, Mr Obiorah Chigozie, had been on its wanted list since September 15. This, he said, was when a consignment of 1.500kg skunk concealed in flour

Image
02-October-2023

Tinubu Increases Planned Monthly Allowance to N35,000

By Adedapo Adesanya President Bola Tinubu has increased the initially proposed monthly allowance for federal civil servants from N25,000 to N35,000. The money is still to be paid monthly for six months. The increment was announced in a statement by the Minister of Information, Mr Mohammed Idris. This development came less than 24 hours after Mr Tinubu on his first Independence Day broadcast on Sunday morning announced the monthly payment of N25,000 allowance to junior civil servants to cushion the effect of the impact of petrol subsidy removal. He said the allowance would be paid for six months. However, after

More Stories
Image
02-June-2023

Tinubu Chooses Gbajabiamila as Chief of Staff, Akume as SGF

By Modupe Gbadeyanka The Speaker of the House of Representatives, Mr Femi Gbajabiamila, has been appointed as the Chief of Staff to President Bola Tinubu. Mr Gbajabiamila won his re-election into the lower chamber of the National Assembly on February 25, 2023, but with this appointment, he will have to lose his seat in the parliament to coordinate the activities of his new boss. Also, Mr Tinubu has picked the former Governor of Benue State, Mr George Akume, as the new Secretary to Government of the Federation (SGF). He is take over from the former occupier of the position, Mr

Image
02-June-2022

Naira Trades N608/$1 at P2P, N598/$1 at Parallel Market, N419/$1 at I&E

By Adedapo Adesanya The Naira closed flat against the Dollar at N608/$1 at the Peer-2-Peer (P2P) window of the foreign exchange (FX) market on Wednesday and at the parallel market, it appreciated by N1 against the greenback to sell at N598/$1 compared with N599/$1 it was traded on Tuesday. The appreciation recorded yesterday at the black market was due to the gradual influx of Dollars into the system after the initial mopping up by politicians for the presidential primaries of the Peoples Democratic Party (PDP) last weekend. Those who allegedly received Dollars as delegates are beginning to convert their money

Image
04-June-2018

SERAP Begs Buhari to Probe N17b Bribe Payment for 2015 Budget

By Modupe Gbadeyanka A passionate appeal has been made to President Muhammadu Buhari to use his good office to investigate and prosecute beneficiaries of the N17 billion allegedly paid by the last administration to the National Assembly to enable them pass the 2015 Appropriation Bill. In an open letter to the President, a group known as Socio-Economic Rights and Accountability Project, (SERAP) want the matter to be looked into. In the letter, SERAP wants Mr Buhari to “direct the Attorney General of the Federation and Minister of Justice Abubakar Malami, SAN, and/or appropriate anti-corruption agencies to without delay investigate the

Image
16-February-2022

Nigerian Equities Market Closes Flat Amid Positive Investor Sentiment

By Dipo Olowookere Despite witnessing a positive investor sentiment, the Nigerian equities market closed flat on Tuesday, with the key performance indicators almost remaining unchanged at the close of transactions. The All-Share Index (ASI) was marginally higher by 1.54 points to 47,064.82 points from 47,063.28 points, while the market capitalisation was slightly up by N1 billion to N25.362 trillion from N25.361 trillion. Business Post reports that the banking and industrial goods counters were down during the session by 1.01 per cent and 0.02 per cent respectively, while the insurance, energy and consumer goods sectors were up by 1.51 per cent,

Image
08-April-2019

Mastercard Foundation Invites Publiseer to Cape Town Summit

Founders of Nigeria’s digital content distribution platform Publiseer, Chidi Nwaogu and Chika Nwaogu, have been invited by Mastercard Foundation to participate in its Young Africa Works Summit, taking place in Cape Town, South Africa on October 17 and 18, 2019. Chidi Nwaogu, Publiseer’s CEO, took to his twitter page to announce this. This is following his selection as a Westerwelle Fellow and a Yunus & Youth Global Fellow, and his recent shortlist in the Forbes Africa 30 Under 30 List. This news also comes with the founders’ invitation to the 2nd Midem African Forum, in association with Trace, taking place

Image
21-February-2020

NHIS Plans Mandatory Health Insurance for Nigerians

By Adedapo Adesanya  The National Health Insurance Scheme (NHIS) has disclosed that it is working towards amending the Act that will establish the fund that will transform it to a health insurance commission. According to the body, the amendment bill, which is before the National Assembly, recently passed the second reading and when finally passed, will make health insurance mandatory to all Nigerians in both formal and informal sectors across all tiers of government. According to the Executive Secretary of the NHIS, Mr Mohammed Sambo, speaking at a retreated organised by the body in Nasarawa State, the amendment will make

Image
24-October-2017

Positive Earnings News May Trigger Bulls Dominance on Wall Street

By Investors Hub The major US index futures are pointing to a higher opening on Tuesday following the modest pullback seen in the previous session. Early buying interest may be generated in reaction to upbeat earnings news from well known companies such as 3M (MMM) and Caterpillar (CAT) Trading activity may be somewhat subdued, however, with a lack of major U.S. economic data keeping some traders on the sidelines. After ending the previous session at record closing highs, stocks gave back some ground during trading on Monday. The major averages reached record intraday highs but pulled back to end the

Image
27-September-2023

Traders Union Highlighted the Best MT5 Indicators and Brokers to Learn Forex Trading in 2023

In the fast-paced world of Forex trading, having the right tools is crucial. Traders Union (TU) experts are here to guide you through Forex trading in 2023, focusing on the MetaTrader 5 (MT5) platform. They will discuss the top MT5 indicators, and different indicator types, and compare MT5 Forex Brokers. Additionally, they will explore the pros and cons of the MT5 platform. With this information, you will be well-prepared to excel in Forex trading. Meaning of Forex indicators Forex trading is complex, and success depends on many factors, with Forex indicators being a key one. TU’s analysts emphasized the importance

Ad
Ad
Recent Stories
Image
02-October-2023

LCCI Seeks Upward Review of N30,000 Minimum Wage

By Adedapo Adesanya The Lagos Chamber of Commerce and Industry (LCCI) has described Nigeria’s minimum wage of N30,000 ($30) for 30 days as extremely poor and called for an urgent upward review of the wage structure. The President of LCCI, Mr Michael Olawale-Cole, during the chamber’s Independence Day message on Sunday, said an appraisal of the past 63 years showed that the Nigerian economy had performed sub-optimally with huge implications on citizens’ welfare and rising uncertainty. It noted that the economy was struggling with difficult conditions including high inflation, weak currency, declining reserves, falling household purchasing power, rising debt burden,

Image
02-October-2023

Kariko, Weissman Win Nobel Medicine Prize for COVID-19 Vaccines Research

By Adedapo Adesanya Scientists Katalin Kariko and Drew Weissman won the 2023 Nobel Prize in Physiology or Medicine for discoveries enabling the development of COVID-19 vaccines, the award-giving body said on Monday. The prize, among the most prestigious in the scientific world, is selected by the Nobel Assembly of Sweden’s Karolinska Institute Medical University and also comes with 11 million Swedish crowns (about $1 million). “The 2023 Nobel Prize in Physiology or Medicine has been awarded to Katalin Karikó and Drew Weissman for their discoveries concerning nucleoside base modifications that enabled the development of effective mRNA vaccines against COVID-19,” the

Image
02-October-2023

Ecobank Alerts Customers on Rise in SIM Swap Fraud

By Modupe Gbadeyanka Customers of Ecobank Nigeria have been urged to remain on the alert as some scammers are taking advantage of SIM swaps to dupe their unsuspecting victims. The financial institution issued this alert in an email message to customers, urging them not to lose guard. The bank said phone users, who attached their mobile numbers to their bank accounts, to take extra caution when swapping their SIM cards, so as not to be victims of fraudsters. The lender explained to customers that SIM swap fraud occurs when scammers use your phone number to access your accounts. “Scammers impersonate

Image
02-October-2023

Oando-Eni Deal: Workers Threaten to Shutdown Operations

By Adedapo Adesanya  The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has vowed to down tools and shut down all oil field locations if demands following the acquisition of Nigerian Agip Oil Company (NAOC) are not met. Business Post had reported in September that Oando Plc had acquired a 100 per cent stake in the Nigerian subsidiary of Italian giant, Eni. However, the deal allegedly happened without management addressing the welfare and benefits of the workers and without due process. The development has led to several protests by members of PENGASSAN since the beginning of September 2023.

Image
02-October-2023

Exploring The Capabilities Of The ChatGPT Trading Bot In Today’s Market

Traders Union (TU) recently took an interest in ChatGPT, a chatbot by OpenAI. Think of ChatGPT as a super-smart robot friend who loves to chat about almost anything! It’s famous for giving detailed answers to loads of questions. But, like every friend, it might get things wrong sometimes. There’s a free version everyone can chat with, and a fancier version called ChatGPT Plus for those who want more. Some even call it the “ChatGPT trading bot” because of its extensive knowledge about trading. ChatGPT’s trading capabilities Without a doubt, ChatGPT has carved a niche for itself in the automated trading

Image
02-October-2023

Tinubu Increases Planned Monthly Allowance to N35,000

By Adedapo Adesanya President Bola Tinubu has increased the initially proposed monthly allowance for federal civil servants from N25,000 to N35,000. The money is still to be paid monthly for six months. The increment was announced in a statement by the Minister of Information, Mr Mohammed Idris. This development came less than 24 hours after Mr Tinubu on his first Independence Day broadcast on Sunday morning announced the monthly payment of N25,000 allowance to junior civil servants to cushion the effect of the impact of petrol subsidy removal. He said the allowance would be paid for six months. However, after

Image
01-October-2023

Boosting Website Performance: Tips for Speed and Efficiency

By Rahul Baitha In today’s digital age, where instant gratification is the norm, website performance plays a critical role in delivering a positive user experience. Visitors expect websites to load quickly and respond seamlessly to their interactions. If your website lags or stumbles, you risk losing valuable traffic and potential customers. As a web designer or business owner, optimizing your website’s performance should be a top priority. In this comprehensive guide, we’ll explore essential tips and techniques to boost your website’s speed and efficiency. Understanding Website Performance Before diving into optimization strategies, it’s essential to grasp the fundamentals of website

Image
01-October-2023

NDLEA Nabs Suspected Kingpin in UK Drug Export Bust

By Adedapo Adesanya The National Drug Law Enforcement Agency (NDLEA) has arrested a suspect wanted for attempts to ship illicit drug consignments to the United Kingdom. This was made known in a statement signed by the NDLEA spokesman, Mr Femi Babafemi, on Sunday. He further disclosed arrests made by NDLEA operatives through interdiction operations that led to the seizure of four tons of illicit substances in the past week. According to the agency, the suspect, Mr Obiorah Chigozie, had been on its wanted list since September 15. This, he said, was when a consignment of 1.500kg skunk concealed in flour

Image
01-October-2023

BUA Cement Slashes Ex-Factory Prices to N3,500

By Aduragbemi Omiyale The management of BUA Cement Plc has announced a reduction in the prices of its cement from its factory without the transportation costs to N3,500 per bag (50kg). The cement maker confirmed this development in a statement issued on Sunday, noting that it was part of efforts to make sure customers get the products at cheaper prices. In the statement, BUA Cement disclosed that the slash in cement prices is from Monday, October 2, 2023, urging its distributors not to fleet the end users. The firm said, “All pending, undelivered orders which had been paid for at

Image
01-October-2023

NITDA Opens Applications for Tech Accelerator Fellowship

By Adedapo Adesanya The federal government through the National Information Technology Development Agency (NITDA) has opened applications for a tech startup accelerator fellowship program to empower Nigerians with innovative ideas. The Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, said the preparations for the training commenced in August with a meeting of stakeholders in tech to co-create innovative ways to achieve the target. He added that the meeting was the first in a series of ecosystem engagements to ensure that the government gets the best solutions from within. The new initiative from the NITDA is part of the