50th AGM: MAN sets to discuss Nigeria’s Industrialisation Journey

By allcitynews.ng

The Manufacturers Association of Nigeria (MAN) is set to discuss Nigeria’s Industrialisation Journey in its planned 50th Annual General Meeting.

The leadership of MAN also said that it would be using the opportunity of the 2nd Adeola Odutola Lecture, a major programme of the association’s 50th Annual General Meeting (AGM), to take stakeholders in the real sector of the nation’s economy.

MAN President, Engineer Ahmed Mansur, disclosed this at the media briefing for the AGM, held in Lagos, recently.

He stated that the lecture tagged: ‘An Agenda for Nigeria’s Industrialisation’, was informed by the need to take stock of the nation’s journey to industrialization, ascertain the pains and pain points, highlight the performance limiters, while also recognizing gains and growth milestones.

According to Mansur, this year’s AGM, scheduled to hold in October 17, 2022 in Lagos, would be used to bring to the consciousness of the nation’s aspiring leaders, the importance of having a virile manufacturing sector.

The MAN President stressed the need for government to come up with policies that would aid the growth of the nation’s manufacturing sector.

He expressed regrets that despite the slow growth of the nation’s economy, the country’s policymakers, at all levels had continued to compound the situation by introducing new taxes, further worsening the high-cost operating environment.

“In some climes, when the economy slows down, the government reduces taxes to encourage businesses to expand, create more jobs and increase economic activities.

“But what we are seeing in Nigeria, today is not only increasing tax rate but introducing new taxes and turning every public agency into a revenue-collector,” he stated.

The MAN boss, who will bowing out as the president of the association, after the AGM, added that the decision to feature one of the nation’s foremost industrialists, Alhaji Aliko Dangote, as the Guest Speaker, was to enable stakeholders share on the industrialist’s wealth of experience, as he shares the way forward for manufacturing in the next one decade.

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