The Manufacturers Association of Nigeria (MAN) has put the inventory of unsold finished products in the warehouses of manufacturing companies in the country at about N321.12 billion in 2017, representing a 255 percent increase over the preceding year’s stock valued at N90.43 billion. The immediate past President of the association, Dr Frank Jacobs, made this […]
Tag: MAN President – Frank Jacobs
Manufacturers Seek Harmonisation Of Taxes, Lower CIT Rate
The Manufacturers Association of Nigeria (MAN), has urged the Joint Tax Board (JTB) to facilitate the take off of the implementation of the harmonised taxes and levies with a view to ensuring compliance by states and local governments. The Director-General of the association, Mr. Joseph Ajayi-Kadri, made the appeal at the 46th Annual General Meeting […]
Organised Private Sector’s Confidence In Economy Improving – CBN
A survey conducted by the Central Bank of Nigeria (CBN) has reflected improved private sector player’s confidence in the nation’s economy, even as they expected cost of funds to reduce to enable them optimize their operations. Specifically, the apex bank reported that the confidence of the Organised Private Sector (OPS)Operators, on the economy rose to […]
MAN Advocates Study On AfCFTA’s Potential Impact On Economy
The Manufacturers Association of Nigeria (MAN) has advocated the need for a country-wide study to determine the possible impact, benefits and likely harm the proposed African Continental Free Trade Agreement (AfCFTA) could have on the nation’s economy. This is even as the manufacturers’ umbrella body expressed displeasure that the National Office for Trade Negotiations (NOTN) […]
Manufacturers Seek Review of Reform Policies For Sector
The Chairman of Apapa Branch of (MAN), Mr. Olukunle Obadina has described some of the government reform policies in manufacturing sector as not impacting positively on the real sector. Obadina, who spoke at the 47th Annual General Meeting (AGM) of the branch, pointed out that despite the various reforms designed to stimulate improved performance in the […]