Business
SON Introduces MANCAP For Local Products
The Director General of standard organization of Nigeria (SON) Dr. John Akanya, has said that his agency has introduced Mandatory Conformity Assessment Programme (MANCAP) for locally manufactured products to ensure that products in Nigeria market are of high quality.
Dr. Akanya made the disclosure at the SON’s Nigerian Industrial standards (NIS) product quality Award Winners Presentation in Lagos recently.
The SON’s boss noted that MANCAP is targeted at fighting the manace of importation of substandard products.
He explained that before the introduction of MANCAP, some Nigerians businessmen were importing low quality products in the country, adding that MANCAP aim is to adjudge the quality of imported products.
He revealed that since the introduction of MANCAP programme, his agency has achieved the certification of over 800 products mationwide.
According to him, many local manucfacturing companies are still undergoing he rigorous and meticulous process of certification which is only earned after thorough assessment tests and analysis.
He pointed out that his agency has given local manufacturing firms whose products have been adjudged of high quality for the past two years with Bronze award, Silver for five years, Gold for ten years and Diamond for twenty five years and above.
Akanya, however, encouraged Nigerians to patronize products that won various awards, saying that patronage will make the companies strive higher with more quality products.
He added that patronage by Nigerians will increase the production capacity further.
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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