Business
MAN Warns Against Ban Of Generators
The Manufacturers Association of Nigeria (MAN) has warned that a ban on the importation of genarating sets into the country at this time would be counter-productive.
MAN said that, “banning importation of generators when we cannot generate the capacity of power needed by companies to do their businesses would affect businesses and even the economy”.
The President of MAN, Engr. Mansur Ahmed gave the warning at the end of the association’s 303rd National Council Meeting hosted by Rivers/Bayelsa branch of the association in Port Harcourt, last week.
Engr. Ahmed said that many manufacturers and Nigerian citizens depended on generators for their daily living and businesses due to epileptic power supply in the country.
“This is not the time to ban the importation of generators. government needs to think carefully before taking such step”, he said.
The MAN president stated that the right step is for government to encourage the local producers to produce generators and also regulate the importation pending when power generation problem would be solved in the country.
He said that: “MAN has noted Disco inefficiencies as
a major lacuna in the power sector and hereby declares a total opposition of the new tariff of electricity under consideration by the Nigerian Electricity Regulation Commission”.
On the position of MAN concerning African Continental Free Trade Agreement (AfCFTA) and border closure that has stayed for some time now, Ahmed said that government made the move to restore sanity due to the level of illegality especially in the transportation of drugs, arms and banned goods.
He called on MAN members to be ready to compete favourably with their counterparts from other African countries when the borders are opened.
He however, said that locally made goods have improved greatly and are also enjoying the support and patronage of government and Nigerians.
On the treatment of manufacturers by state governors, MAN’s president stated the need for other governors to borrow a leaf from the Rivers State Governor, Chief Nyesom Wike, in the inauguration of Ease of Doing Business.
According to him, when local investors are treated well, foreign investors would be attracted.
Business
RIVERS NUJ BACKS BONNY TOURISM, TASKS MEDIA ON DEVELOPMENT REPORTING
Business
Jonathan, Diri, Others Laud Firm’s Milestone in Bayelsa …Says Project Will Drive Industrialisation, Create Jobs
Business
AKG To Purchase More Aircraft —-Targets 10 Fleets this Year
-
News2 days agoRSG Targets Nine Million Residents in Mosquito Net Distribution Campaign
-
Oil & Energy2 days agoAiyedatiwa Signs New Electricity Bill
-
Maritime2 days agoMarine Minister Commends President Tinubu On NPERA Bill Assent
-
Oil & Energy2 days agoNLNG Commissions Research And Innovation Centre In RSU
-
News2 days agoKenPoly Holds Eight Convocations, August 29
-
News2 days agoRSG Begins Another Phase of Projects Commissioning Today
-
News2 days agoRMAFC Completes Revenue Sharing Review, Proposes New Pay
-
Maritime2 days agoNAGAFF Petitions IGP Over Alleged Maritime Police Harassment
