Business
MAN Presents Blueprint On Manufacturing Development
The Manufacturers Association of Nigeria (MAN), last Wednesday said that it had aided the zero per cent waiver on agricultural value chain to encourage processing.
The President of the association, Dr Kola Jamodu, said this at a media presentation of the “MAN Blueprint for accelerated development of manufacturing in Nigeria’’, in Lagos.
He raised the hope that Nigeria would soon move from a consuming nation to become a producing nation.
According to him, the duty on importation of enzymes for cassava processing has been reduced to zero per cent.
“We must look at the entire value chain of agriculture. Only three weeks ago, the government reduced the duty on enzymes to zero per cent.
“We want the government to also reduce the duty on machinery that will aid the manufacturing sector too,’’ Jamodu said.
He also said that MAN had embraced backward integration for the agriculture sector.
Jamodu said that no fewer than 250,000 farmers had been engaged by various manufacturing companies in the country.
“So many food and beverage manufacturing companies have engaged more than 250,000 farmers for the cultivation of cassava and maize.’’
Jamodu further said that the manufacturing sector was contributing 18 per cent to the nation’s Gross Domestic Product (GDP).
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
-
News3 days agoRSG Targets Nine Million Residents in Mosquito Net Distribution Campaign
-
Oil & Energy3 days agoAiyedatiwa Signs New Electricity Bill
-
Oil & Energy3 days agoNLNG Commissions Research And Innovation Centre In RSU
-
Maritime3 days agoMarine Minister Commends President Tinubu On NPERA Bill Assent
-
News3 days agoKenPoly Holds Eight Convocations, August 29
-
News3 days agoRSG Begins Another Phase of Projects Commissioning Today
-
News3 days agoRMAFC Completes Revenue Sharing Review, Proposes New Pay
-
Maritime3 days agoNAGAFF Petitions IGP Over Alleged Maritime Police Harassment
