Tag: Manufacturers
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FG Pledges Increased Forex Sale to Manufacturers
The Federal Government through the Minister of Industry, Trade and Investment, Niyi Adebayo, has assured manufacturers of its support to enable them to get good returns on their investments. The minister, who gave the assurance while playing host to a delegation of Expand Global Industries Limited, pointed out that although many manufacturing companies were battling…
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New Excise: Manufacturers to Lose N1.9 Trillion as FG Proposes re-introduction
Between 2022 and 2025, the proposed re-introduction of excise duty on non-alcoholic would amount to 1.9 trillion losses in revenue and sales. The Manufacturers Association of Nigeria (MAN) disclosed this yesterday at MMS Business Discourse with the theme: “X-raying the Proposed Excise Duty Regime for Carbonated Beverages in a Recovering Economy.” The Chairman of Fruit…