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Govt policies hurting manufacturers, says MAN

Meshioye, who stated this at the 38th Annual General Meeting of the Edo/Delta branch on Thursday in Benin, said the impact of government policies has made the theme of the AGM, “Igniting Economic Growth and Development through Improved Competitiveness of Made-In-Nigeria Goods” apt and timely.

Meshioye, who was represented by the Director-General of MAN, Segun Ajayi-Kadir, called on the governments of both states to ensure that this relationship is sustained and deepened while appealing that the harassment of multiple taxation by the revenue agents of Local Governments in both states be addressed.

He said, “Esteemed members, we are quite familiar with challenges that accompanied the recent government reforms and policies such as the removal of fuel subsidy, floating of the naira, exchange rate policies and increase in the monetary policy rate, among others.

“These challenges have negatively impacted the manufacturing sector in a great proportion. Our discussions will enhance our advocacy content and point to the direction the government needs to follow for us to jointly resolve the challenges militating against the performance of the manufacturing sector.”

The Chairman of the branch, Ehizogie Osadolor, expressed concern over the growing operational challenges in the sector despite several advocacies and presentations to the government.

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