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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...

Our Investments Are Hampered By Power Supply, MAN Cries Out

Our Investments Are Hampered By Power Supply, MAN Cries Out The Manufacturers Association of Nigeria has cried out that investments are being lost as a result of the continued poor power supply across the country. MAN explained that a situation where the country had been managing...

MAN Seeks Dialogue Over Fuel Subsidy

MAN Seeks Dialogue Over Fuel Subsidy   The Manufacturers Association of Nigeria (MAN) has called for a dialogue between the federal government and other relevant stakeholders on how to resolve the lingering problem of petroleum subsidy. MAN stressed that if no efforts were made to carry Nigerians...

Manufacturers Spent N246bn To Fuel Generators In Two Years — MAN

Manufacturers Spent N246bn To Fuel Generators In Two Years — MAN   Against the backdrop of the worsening public power supply, new data have emerged showing that manufacturers in Nigeria spent a total of N246bn generating their own electricity between 2016 and 2017. Further analysis of the...

Lower PMI Affirms Manufacturers’ Rising Inventory Concerns

Lower PMI Affirms Manufacturers’ Rising Inventory Concerns   Though production level continued to grow as well as new orders, rising inventory as indicated by the Manufacturers Association of Nigeria (MAN), may be responsible for the slower movement of the nation’s Purchasing Managers’ Index (PMI) last month. According...

MAN Endorses CBN’s New Forex Policy

The Manufacturers Association of Nigeria (MAN) on Friday advised CBN to sustain its current directive on forex sales to rebound output by manufacturers. The President of MAN, Mr Frank Jacobs, told the News Agency of Nigeria (NAN) in Lagos that the advice became necessary because...