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Frank Jacobs

MAN: Utilisation of local raw materials hits 63% in 2017

The Manufacturers Association of Nigeria (MAN) said utilisation of local raw materials in the country has steadily increased over the past three years, hitting 63.21 percent in 2017, due to increasing government support for backward integration.

Nigeria jacks up taxes on cigarette, alcohol

The new excise duty for alcoholic beverages and cigarette earlier approved by President Muhammadu Buhari will take effect from today, finance minister, Kemi Adeosun said.

Nigeria’s new tax on tobacco, alcoholic drinks kicks off Monday

The new excise duty for alcoholic beverages and tobacco earlier approved by President Muhammadu Buhari will take effect from Monday, June 4, says the federal government.

Federal government to collaborate with manufacturers to revitalise moribund textile factories

Dr Frank Jacobs, President, Manufacturers Association of Nigeria (MAN), said discussion was ongoing with the Federal Government to revatilise moribund textile factories in the country.

Ex-President Obasanjo faults Buhari for not signing Africa free trade deal

Former President Olusegun Obasanjo has decried the failure of President Muhammadu Buhari to sign the Africa Continental Free Trade Area agreement, expressing hope that he will change his mind before it is too late.

AfCFTA: MAN urges federal government to be cautious in making binding commitments

The Manufacturers Association of Nigeria (MAN) Wednesday called on the Federal Government to be cautious in making binding commitments on the African Continental Free Trade Area (AfCFTA).

MAN urges Lagos govt to reverse new land use charges law

The Manufacturer Association of Nigeria has appealed to the Lagos State Government to reverse its current increment of land use charges to ensure the survival of the manufacturing sector.

Nigeria now able to produce 7,000MW – Babatunde Fashola

Nigeria’s Minister of Power, Works and Housing, Babatunde Fashola, says Nigeria’s power generating companies (GenCos) are now able to produce 7,000MW.

Niger Delta Avengers declares fresh war on oil facilities

As the Niger Delta Avengers threatens to resume fresh attacks on oil facilities in Nigeria, the Manufacturers Association of Nigeria, the Lagos Chamber of Commerce and Industry and others have said such action would have a grave impact on the nation’s economy and its people.

Gas pipelines obstruct Apapa-Wharf road repairs

The ongoing rehabilitation work on the Apapa/Wharf road is taking longer than stakeholders had envisaged due to gas pipelines along the project site, our correspondent has learnt from parties handling the job.

Nigerians spent $3bn annually on foreign goods – Manufacturers

Local manufacturers lost an average of $3 billion annually due to the preference of Nigerian government and consumers for foreign goods, president, Manufacturers Association of Nigeria (MAN), Dr. Frank Jacobs, has said.

Manufacturers urge fed govt to review procurement thresholds, preference for local goods

According to the Manufacturers Association of Nigeria (MAN), integrating local producers in the value-chain through policy frameworks will help revive the ailing sector as well as promote job creation efforts of the real sector.

Fed govt to reintroduce tolls on federal highways

The Federal Government on Monday said it would reintroduce tolling on the nation’s highways to raise the much needed funds to maintain the roads.

Fed govt to spend N100bn Sukuk bond on 25 road projects

The Federal Government on Monday said it would spend the N100bn to be raised from the issuance of the Sukuk Bond for the reconstruction and rehabilitation of 25 arterial roads.

FCTA to inaugurate own internal revenue service

As part of its efforts to ensure transparency and harmonisation of tax collection, the Federal Capital Territory (FCT) administration, on Saturday, said it would, during the week, inaugurate its new internal revenue service.

FCT to inaugurate own internal revenue service

As part of its efforts to ensure transparency and harmonization of tax collection, the Federal Capital Territory (FCT) administration at the weekend, said it would during the week, inaugurate its new internal revenue service.

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