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Friday, August 21, 2026
  • President Tinubu Approves Unclaimed Dividends, Dormant Accounts Transfer to NELFUND
  • Unlocking ₦84trn Banks’ Idle Funds For Lending To Manufacturers…
  • President Tinubu Tasks Varsities To Produce Job Creators 
  • U.S Takes Over The Strait of Hormuz from Iran
Industrial Times

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  • President Tinubu Approves Unclaimed Dividends, Dormant Accounts Transfer to NELFUND
  • Unlocking ₦84trn Banks’ Idle Funds For Lending To Manufacturers…
  • President Tinubu Tasks Varsities To Produce Job Creators 
  • U.S Takes Over The Strait of Hormuz from Iran
Industrial Times

Industrial Times

Online Industrial breaking news, energy,technology,business

Newsletter
Random News
  • Home
  • POLICY
  • Energy & Oil
  • COMPANIES
  • BMOs
  • MARKETS
  • Maritime
  • About Us
  • Contact Us
  • Privacy Policy
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Headlines
  • President Tinubu Approves Unclaimed Dividends, Dormant Accounts Transfer to NELFUND

    2 days ago2 days ago
  • Unlocking ₦84trn Banks’ Idle Funds For Lending To Manufacturers…

    2 days ago2 days ago
  • President Tinubu Tasks Varsities To Produce Job Creators 

    3 days ago3 days ago
  • U.S Takes Over The Strait of Hormuz from Iran

    3 days ago3 days ago
  • Tegbe Charges EKEDC To Supply Constant Power To Industries In Apapa Corridors

    3 days ago3 days ago
  • 24 firms control over 70% of Nigeria’s stock market – Vanguard

    3 days ago3 days ago
  • Naira Exchange Rates/Commodity Prices Tuesday,18 August

    3 days ago3 days ago
  • How Zamfara Can Achieve Sustainable Lithium Value Chain Development – RMRDC

    4 days ago4 days ago
  • BoI Chief Exposes Nigerian Capital Market’s Capacity To Mobilise Long-Term Funding

    4 days ago4 days ago
  • Naira  Exchange Rates / Commodity Prices Monday,17 August  

    4 days ago4 days ago
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BMOs

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Beer Sectoral Group rejects proposed tax stamps rollout

Franklin Ocheneyi11 months ago11 months ago01 mins

In a statement, Abiola Laseinde, Executive Director of the Beer Sectoral Group (BSG), urged government to sustain existing home-grown digital excise systems rather than introducing tax stamps also known as track-and-trace identifiers, which she described as counterproductive.

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  • BMOs

MAN – Nigeria Customs Sign Policy Document for Supporting Manufacturing Sector

Franklin Ocheneyi11 months ago11 months ago02 mins

One of the major announcements from the meeting was the approval of strategic exemptions from the 4% FOB surcharge for several categories of manufacturers.

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  • BMOs

Nigerian Manufacturers Oppose Upcoming Tax Stamps for Excisable Goods

Franklin Ocheneyi11 months ago11 months ago03 mins

Ajayi-Kadir emphasised that while the government sees the tax stamp as a way to curb smuggling and counterfeiting, and to enhance transparency, the global evidence does not support its efficacy.

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  • BMOs

MAN Knocks South West Governors on Infrastructure -Manufacturing Linkages

indus-admin11 months ago11 months ago02 mins

We urge the governors to prioritise infrastructure development, particularly in industrial areas. Power supply remains a major challenge in states like Osun, while road networks, water access, and storage infrastructure in Ondo require urgent attention.”

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  • BMOs

Manufacturers Halt Increasing Products Prices following Suspension of 4% FOB – MAN

Franklin Ocheneyi11 months ago11 months ago02 mins

The Association urges the Nigeria Customs Service (NCS) to swiftly communicate the directive to all relevant commands, so that the charge will go off its portal.

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  • BMOs

Manufacturers reject Customs 4%FOB Charges, support 1% CISS plus a 7% charge

Franklin Ocheneyi12 months ago12 months ago03 mins

The association noted that in the West African sub-region, comparable economies such as Ghana, Côte d’Ivoire, and Senegal have maintained targeted inspection or collection fees within the 0.5% to 1% FOB range, imposing higher levies only on luxury or non-essential imports.

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  • BMOs

Local Manufacturers lobbying for Lagos Airport Fencing Materials

Franklin Ocheneyi12 months ago12 months ago02 mins

The manufacturers emphasized that it has become a matter of national interest for the project’s contractor to ensure strict adherence to the Executive Orders 003, 005 and the imperatives of the President Bola Ahmed Tinubu’s Nigeria First Policy.

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  • BMOs

Kano manufacturers to procure electricity from NDPHC

indus-admin12 months ago12 months ago02 mins

Members of the Manufacturers Association of Nigeria in Kano State are poised to bypass the DisCos in the state for direct power supply from the Niger Delta Power Holding Company. The Managing Director of Dala Foods, Kano, Ali Madugu, bore the minds of the manufacturers when he led a delegation, to the management of the…

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  • BMOs

Manufacturers Dialogue with states Govt on Single Inter- Road Tax Sticker, Single State haulage Fee

indus-admin12 months ago12 months ago02 mins

The dialogue concluded with recommendations including the need for MAN and the Joint Tax Board to develop a harmonised framework for nationwide adoption, stronger sensitisation campaigns, provision of dedicated help lines for transporters, and periodic stakeholder engagement to review progress.

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  • BMOs

Customs B’Odogwu: Manufacturers bemoan imported raw materials stuck at ports

Franklin Ocheneyi12 months ago12 months ago02 mins

Ajayi-Kadir made the disclosure during the 58th yearly general meeting of the Ikeja Branch of the association, yesterday, blaming the development on ‘glitch’ within the customs service.

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