Manufacturers, industrialists laud suspension of expatriate levy Director General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir The Manufacturers Association of Nigeria (MAN), and Lagos Chamber of Commerce and Industry (LCCI) have commended the Federal Government for suspending the implementation of the Expatriate Employment Levy (EEL). In a statement[Read More…]
Tag: Manufacturers
Manufacturing PMI drops to 59.2 index points in January — CBN
THE Central Bank of Nigeria, CBN, said that the Manufacturing Purchasing Managers Index, PMI, dropped marginally to 59.2 index points in January though activities in sector expanded for the 34th consecutive months. The January Manufacturing PMI represents 1.6 index points decline when compared to the 60.2 index points recorded in[Read More…]
Substandard products: SON prosecuting 15 defaulting importers, manufacturers
Standards Organisation of Nigeria (SON) has no fewer than 15 ongoing cases of defaulting importers and manufacturers of substandard products under prosecution in various courts across the country. Mr Bola Fashina, Special Assistant to SON Director-General, disclosed this in an interview with News Agency of Nigeria (NAN) in Abuja recently.[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]