Tag: Manufacturers

Committee Seeks Exception Of Manufacturers, Farmers From Withholding Tax 
May 31, 2024 No Responses

Committee Seeks Exception Of Manufacturers, Farmers From Withholding Tax 

As part of measures to reduce tax burden on businesses, the Presidential Committee on Fiscal Policy and Tax Reforms has proposed an exemption of manufacturers and farmers from paying withholding tax.   Chairman of the Committee, Taiwo Oyedele disclosed this during a...
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FG Unveils N200b Intervention Fund For MSMEs, Manufacturers
April 23, 2024 No Responses

FG Unveils N200b Intervention Fund For MSMEs, Manufacturers

The Federal Government has announced the launch of N200 billion Presidential Intervention Fund for Micro, Small and Medium Scale Enterprises (MSMEs) and manufacturers in Nigeria. Minister of Industry, Trade and Investment, Doris Uzoka-Anite, made this announce...
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Govt Earmarks N75 Billion To Strengthen Manufacturing Sector
July 31, 2023 No Responses

Govt Earmarks N75 Billion To Strengthen Manufacturing Sector

The federal government has concluded plans to disburse N75 billion to strengthen the nation’s manufacturing sector. Disclosing this during his address to Nigerians on Monday, President Bola Tinubu said the money will be spent between July 2023 to March 2024....
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<strong>Manufacturers Seek End To forex, Energy Crisis </strong>
November 4, 2022 No Responses

Manufacturers Seek End To forex, Energy Crisis 

The Manufacturers Association of Nigeria (MAN), on Thursday, tasked the Federal Government and monetary authorities to address the foreign exchange and energy crises responsible for the unfavorable movements in manufacturing indicators.  Mr Segun Ajayi-Ka...
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Meshioye Emerges 11th President Of MAN
October 25, 2022 No Responses

Meshioye Emerges 11th President Of MAN

 A businessman, Otunba Francis Meshioye has emerged 11th President of the Manufacturers Association of Nigeria (MAN). A statement issued on Monday by the association’s Public Relations Officer, Mrs Omotayo Okewunmi, explained that Meshioye was elected a...
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Manufacturers Task CBN On FOREX Allocation
August 26, 2022 No Responses

Manufacturers Task CBN On FOREX Allocation

The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN)  to allocate more FOREX to manufacturers to allow for the importation of raw materials and machinery.  Edo/Delta branch chairman of MAN, Dr Okwara Udensi, made th...
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Group Tasks FG On Incentives For Manufacturers
July 18, 2022 No Responses

Group Tasks FG On Incentives For Manufacturers

The National Union of Chemical, Footwear, Rubber, Leather and Non-Metallic Employees (NUCFRLANMPE) has tasked the Federal Government with incentives to cushion the effects of the harsh economy on manufacturers.  Mr Babatunde Olatunji, the President of NUCFRLA...
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Manufacturers Task FG On Increasing Cost Of Diesel 
July 10, 2022 No Responses

Manufacturers Task FG On Increasing Cost Of Diesel 

The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to provide an integrated support system to reduce the impact of the increasing cost of diesel on manufacturing.  In a statement issued on Saturday, Director-General, MAN, Mr S...
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MAN Tasks FG On Speedy Implementation Of AfCFTA
April 29, 2022 No Responses

MAN Tasks FG On Speedy Implementation Of AfCFTA

The Manufacturers Association of Nigeria (MAN) has tasked the Federal Government to speedily commence the implementation of the African Continental Free Trade Area (AfCFTA) to support its industrialisation agenda and for competitiveness.  The President of...
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Manufacturers Seek FG’s Intervention As Diesel Hits N720 Per Litre  
March 14, 2022 No Responses

Manufacturers Seek FG’s Intervention As Diesel Hits N720 Per Litre  

The Manufacturers Association of Nigeria (MAN), is seeking urgent intervention from the Federal Government to support the production of goods, as diesel price hits N720 per litre.  Mr Lanre Popoola, the Chairman, Manufacturers Association of Nigeria (MAN)...
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E-invoicing: Manufacturers Seek 90 Days Extension
January 31, 2022 No Responses

E-invoicing: Manufacturers Seek 90 Days Extension

The Manufacturers Association of Nigeria (MAN) has urged the Central Bank of Nigeria (CBN) to extend the implementation of the E-invoice and E-evaluator initiatives by 90 days to accommodate inputs of the stakeholders.  Mr Segun Ajayi-Kadir, Director...
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Manufacturers Fault Excise Duty On Soft Drinks
January 6, 2022 No Responses

Manufacturers Fault Excise Duty On Soft Drinks

The Manufacturers Association of Nigeria (MAN) says the introduction of excise duty on non-alcoholic beverages will cause a 0.43 per cent contraction in output and about 40 per cent drop on total industry revenues in the next five years.  Mr...
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Innoson Leads Other Local Auto Manufacturers To Edo Summit
November 4, 2021 No Responses

Innoson Leads Other Local Auto Manufacturers To Edo Summit

Nigerian indigenous motor manufacturing company, Innoson Vehicle Manufacturing (IVM) will lead other top players in the nation’s automotive industry to the Alaghodaro Summit 2021, scheduled to take place between November 12 and 14, in Benin City, the Edo Sta...
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SON Issues 13 Manufacturers MANCAP Certification
October 21, 2021 No Responses

SON Issues 13 Manufacturers MANCAP Certification

The Standards Organisation of Nigeria (SON), on Thursday awarded its Mandatory Conformity Assessment Programme (MANCAP) certification to 13 manufacturing companies in Kano state.  In his speech, the Director-General of SON, Malam Faruk Salim, represented ...
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