How Will The New Withholding Tax Affect  Manufacturers?

Taiwo Oyedele, the Chairman of the Presidential Task Force on Fiscal Policy and Tax Reforms Committee, shares this insight on the Withholding Tax Regulations 2024 now gazetted and published as part of President Bola Tinubu’s economic reforms. How will the new WHT Regulations affect small businesses? Small businesses will enjoy exemptions from withholding tax under the new…

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Is LASG Chasing Away  Manufacturers?

▪︎Dr. Doris Anite -Uzoka, Minister of Industry, Trade and Investment From the ban on styrofoam, popularly known as “take away packs” to Single-Use Plastics (SUP), the Lagos State Government is on the march again to ban pure water and table waters starting  January 2025. The state’s Commissioner for Environment and Water Resources, Tokunbo Wahab, revealed…

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U.S. Manufacturing Creates 700,000 New Jobs-BLS

▪︎File photo of Coca-Cola The U.S. Labor Department’s Bureau of Labor Statistics (BLS) says owing to investments provided by the Bipartisan Infrastructure Law, CHIPS and Science Act, and Inflation Reduction Act, over 700,000 new manufacturing jobs have been created and over $910 billion in private manufacturing investments have been announced nationwide in the industries of the future….

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