Policymaker Seeks Periodic Reviews of Sugar Industry’s Targets

The Deputy Chairman, House of Representatives’ Committee on Finance, Honourable Saidu Abdul, has called for periodic assessments of progress being made in the development of Nigeria’s sugar industry targets under the Phase II of the Nigeria Sugar Master Plan (NSMP). Hon Abdul made the call in response to  the  declaration of  2025 as the Year…

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PAMA Appoints Segun Ajayi-Kadir Co-Secretary General

The Pan-African Manufacturers Association (PAMA) has appointed Segun Ajayi-Kadir, as its Co-Secretary General. Segun Ajayi-Kadir is  currently the Director-General of the Manufacturers Association of Nigeria. His appointment as the PAMA Co-Secretary General was announced at the recently concluded Intra-African Trade Fair (IATF2023) in Cairo, Egypt. PAMA, established as the voice of Africa’s manufacturing sector, is…

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“In a country where 129 million are living below the poverty line amid harsh economic conditions, importers will inevitably pass this new fee of 4% FOB costs on to consumers, further straining the budgets of millions of struggling households. And industries that import their raw materials whose duties are only 5%, the customs agency will now charge importers an extra 80% of the duty amount as administrative fees.” – Bukola Saraki, former Senate President.

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Expatriates Levy Suspension Calms Investor’s Anxiety

▪︎Segun Ajayi-Kadir, the Director-General/Chief Executive Officer of  MAN The Manufacturers Association of Nigeria (MAN) on Tuesday, said that the anxiety that enveloped the domestic and foreign investors, following the introduction of the government’s $10,000-$15,000 Expatriates Employment levy, has abated. Segun Ajayi-Kadir, the Director-General/Chief Executive Officer of  MAN, stated this in a statement commending the Federal…

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