Post Tagged with: "MAN"

NMMP 11 implementation may sack local meter manufacturers – MAN

NMMP 11 implementation may sack local meter manufacturers – MAN

News July 17, 2023 at 11:13 am 0 comments

The Manufacturers’ Association of Nigeria (MAN) has stated government’s implementation of the National Mass Meter Manfacturing Programme (NMMP) Phase II World Bank-funded supply of 1.2million smart energy meters may displace local meter manufacturers and assemblers. Expressing these concerns in a statement issued over the weekend, the Director General of the Association, Segun Ajayi-Kadir, described the advertised financial requirements, and theRead More

Proposed Electricity Hike: Expect increase in production, commodity costs – MAN

Proposed Electricity Hike: Expect increase in production, commodity costs – MAN

More News June 26, 2023 at 9:50 am 0 comments

      The Manufacturers Association of the Nigeria (MAN) has warned that the proposed electricity tariff hike will lead to increase in cost of production, and eventual  increase in the prices of goods and commodities.   The association, made this known in a recent statement signed by its Director General, Segun Ajayi-Kadir.   Expressing its reservation against the proposedRead More

Our members spent over N144bn on alternative energy, in 2022 -MAN

Our members spent over N144bn on alternative energy, in 2022 -MAN

News June 20, 2023 at 5:26 pm 0 comments

As the nation continues to grapple with the challenge of erratic power supply, the Manufacturers’ Association of Nigeria (MAN), has put the total amount of money, spent by its members on alternative energy in 2022, at N144.47billion, signifying a huge surge from  N77.21billion, recorded in the previous year. The  association made the disclosure, in a statement signed by its DirectorRead More

Why we want urgent action on ARCON Council, multiple taxation, others- IMC stakeholders

Why we want urgent action on ARCON Council, multiple taxation, others- IMC stakeholders

Reviews June 20, 2023 at 3:44 pm 0 comments

Stakeholders in the nation’s integrated marketing communications industry have urged President Bola Tinubu to quickly constitute a council for the apex regulator in the industry, the Advertising Regulatory Council of Nigeria (ARCON), address the issue of multiple taxation in the industry, and revisit the recent escalation of excise duties on alcoholic beverages and tobacco, among others so as to giveRead More

More excise increases, invitation to illicit trade, industry recession – MAN

More excise increases, invitation to illicit trade, industry recession – MAN

News May 3, 2023 at 12:15 pm 0 comments

  The Manufacturers Association of Nigeria (MAN) has warned that further increases in excise may not bring more revenue to the government’s coffers, as intended, but rather,  fuel illicit trade, industry recession, capacity under- utilisation and layoffs; due to significant decline in sales by companies in the sector.   The association, in a statement issued by its Director General, SegunRead More