Post Tagged with: "MAN"

Fresh Price Hike: Manufacturing, SMEs may shut down – MAN, LCCI warn

Fresh Price Hike: Manufacturing, SMEs may shut down – MAN, LCCI warn

News September 5, 2024 at 6:30 am 0 comments

    The Manufacturers Association of Nigeria (MAN),  and the Lagos Chamber of Commerce and Industry (LCCI), have warned that the recent petroleum price hike may sound the death knell of the nation’s manufacturing sector, and force small businesses to shut down.     The two groups gave the warnings,  in separate  statements, issued  on Wednesday, in reaction to theRead More

Why CBN’s non-redemption of $2.4b forex contracts poses great danger to manufacturing – MAN

Why CBN’s non-redemption of $2.4b forex contracts poses great danger to manufacturing – MAN

News August 15, 2024 at 5:45 am 0 comments

. The Manufacturers Association of Nigeria (MAN) has said the inability  of the Central Bank of Nigeria (CBN) to honour  the lingering $2.4billion worth of forward contracts remains a great threat to the nation’s manufacturing sector, since businesses in the sector now face the grim prospects of either shutting down or downsizing their operations, due to the financial disruptions theRead More

MAN  commends FG on Expatriate Levy suspension…says move a re-assurance of government’s commitment to creating conducive business environment

MAN commends FG on Expatriate Levy suspension…says move a re-assurance of government’s commitment to creating conducive business environment

News March 13, 2024 at 3:56 pm 0 comments

      The Manufacturers Association of Nigeria (MAN)  has hailed the federal government, on its decision to suspend the Expatriates Employment Levy (EEL), describing the move as a re-assurance of its commitment to creating a conducive  business environment for businesses.     The association, in a statement issued on Tuesday, and signed by its Director General, Segun Ajayi-Kadir, expressedRead More

Expatriates Levy may force more businesses to close shop, MAN warns…says 767 manufacturing companies shut down in 2023

Expatriates Levy may force more businesses to close shop, MAN warns…says 767 manufacturing companies shut down in 2023

News March 8, 2024 at 4:52 am 0 comments

    The Manufacturers Association of Nigeria (MAN) has warned that the planned implementation of the Expatriates Employment Levy (EEL), by the federal government, may for many businesses toe the path of the 767 companies that shut down in the country, in2023.     The association in a statement signed by its Director General, Segun Ajayi-Kadir,  stated that with capacityRead More

We were never consulted before Styrofoam ban, in Lagos – MAN

We were never consulted before Styrofoam ban, in Lagos – MAN

News February 28, 2024 at 7:38 pm 0 comments

  The Manufacturers Association of Nigeria (MAN), has said that its members’ inputs were not sought by the Lagos State government before it pronounced the ban on single-use plastics and Styrofoam packs, in the state.     The association’s Director General,  Segun Ajayi-Kadir stated this, recently, at the 2024 Edition of The MAN Reporter of The Year Award, held inRead More