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Electricity Tariff Hike Will Push Cost Above 40%, MAN warns

Electricity Tariff Hike Will Push Cost Above 40%, MAN warns   The Manufacturers Association of Nigeria (MAN), has charged the nation’s economic managers on the need to attract significant investment to encourage large scale generation and significant improvement in transmission and distribution of power supply in...

Dangote Partners Government In Building Inclusive Economy

Dangote Partners Government In Building Inclusive Economy   The Dangote Group has reiterated its commitment towards partnering various tiers of Governments in the country, in building sustainable, and inclusive economy for the benefit all Nigerians. In this regard, the Group said it has concluded plans to scale...

MAN Urges FG To Stop 50% VAT Increase

MAN Urges FG To Stop 50% VAT Increase   The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to jettison the idea of increasing the Value Added Tax (VAT) by 50 per cent. MAN President, Mansur Ahmed, made this call on Wednesday, during the...

Imported Raw Materials Gulp N837bn In Eleven Months

Imported Raw Materials Gulp N837bn In Eleven Months Local sourcing of raw materials has dropped significantly since the country emerged from recession and manufacturers could access foreign exchange. The Manufacturers Association of Nigeria confirmed this in its perspectives on the 2019 budget. “The aggregate local sourcing of...

MAN Urges Caution On AFCFTA Agreement

MAN Urges Caution On AFCFTA Agreement The new President of the Manufacturers Association of Nigeria, MAN, Engr Mansur Ahmed, has called for a detailed study of the potential benefits and costs of the African Continental Free Trade Agreement, AFCFTA, to Nigeria. A statement signed by Engr ...

Oil Receipts Increase Avenue to Deepen Non-Oil Sectors- Dangote

Oil Receipts Increase Avenue to Deepen Non-Oil Sectors- Dangote Increased crude Oil receipts driven by upturn in Oil prices and improved volumes, offer Nigeria a great opportunity to diversify its economy and address fundamental vulnerabilities by deepening and expanding the nation's non- Oil sectors, President/CE,...