With the local manufacturing sector yet to recover from the impact of several policies by the current administration, the Manufacturers Association of Nigeria (MAN) has unveiled a set of deliverables the incoming president should accomplish within 100 days of inauguration. According to the local manufacturers, the productive sector should be given maximum priority for the general good of all in terms of wealth and job creation for the nation.
With the local manufacturing sector yet to recover from the impact of several policies by the current administration, the Manufacturers Association of Nigeria has unveiled a set of deliverables the incoming president should accomplish within 100 days of inauguration.
MAN also urged the government to direct the Central Bank of Nigeria and ensure that it complies with the prioritisation of foreign exchange to the productive sector, particularly to manufacturers to import raw materials, spares, and machinery that are not locally available. “Furthermore, the government should ensure that the Finance Bill 2022, if not assented to before the transition, includes the critical inputs of the organised private sector. In particular, the jettisoning of the highly objectionable removal of the 10 per cent investment allowance on the acquisition of plants & machinery .
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