The Manufacturers Association of Nigeria (MAN) has called for urgent tax harmonisation, improved infrastructure, reliable energy supply and a predictable regulatory environment to strengthen the country’s manufacturing sector.
The appeal was made at the 41st Annual General Meeting (AGM) of the Ogun Branch of MAN in Abeokuta, with the theme: “Building a Resilient Manufacturing Sector: Surmounting the Challenges of Fiscal and Regulatory Policies and Tariffs.”
Speaking at the event, MAN President, Francis Meshioye, said manufacturers had borne the brunt of the Federal Government’s economic reforms over the past three years, resulting in rising production costs, declining investments and mounting operational pressures.
“Resilience in manufacturing means the capacity to absorb economic shocks, adapt to policy changes, remain competitive, and continue producing, investing and creating jobs despite prevailing challenges,” he said.
Meshioye identified predictable fiscal policies, smart regulation, affordable energy, improved infrastructure, access to single-digit interest loans and protection against unfair imports as critical to repositioning the sector.
