man
                










NEWS
  • Hot Topics
  • This Week
  • News Letter
  • Press Release
  • POLICY ACTIVITIES
  • Economic Bulletin
  • Policy Areas in Focus
  • Policy Activities @ a Glance
  • OTHERS
  • About Nigeria
  • Important Links
  • Feedback

  • MAN






























    MAN















    MAN















    MAN















    MAN















    MAN















    MAN








    MAN















    MAN















    MAN








    MAN












      home pagecontact usmail ussearch

    REPRESENTATION ON BOARD OF GOVERNMENT PARASTATALS

    MAN is represented on the following Government Boards:

    • Tariff Review Board.
    • Utilities Charges Commission.
    • Industrial Training fund (ITF).
    • National Advisory Council on Cooperative Development.
    • National Science and Technology Fund (Board of Trustees).
    • Raw Materials Research & Development Council
    • Governing Board of Coren.
    • Nigerian Export Credit Guarantee and Insurance Corporation.
    • Corporate Affairs Commission.
    • Nigerian Export Promotion Council.
    • Productivity, Prices, and Incomes Board (PPIB).
    • Nigerian Standards Organisation.
    • National Productivity Committee
    • NECA Corodinating Committee.
    • Nigerian Shippers Council.
    • Industrial Development Coordinating Committee.
    • Governing Council of Federal Polytechnics.
    • Nigerian Export Promotion Zones Authority.
    • African Growth and Opportunity Act (AGOA) Committee.
    • Residential Advisory Committee on Economic Revitilisation.
    • Bank of Industry.
    • MEMBERSHIP BENEFITS

      Deriving from the set objectives of its establishment and services rendered, MAN provides a lot of benefits to its members, some of which are listed below.

      • Credibility as a manufacturer
      • Access to up-to-date business information
      • Capacity Building for members
      • Recognition by Government Agencies and
      • Public Policy Advocacy for favourable investment/industrial policies
      • Business linkages
      • Direct intervention on members’ problems.
      • Consultancy/Advisory
      • Patronage of Made-in-Nigeria Products.

      ACHIEVEMENTS

      Man government relations

      The Association, since its establishment in 1971 has made giant strides in the areas of policy advocacy, business information and development as well as outright direct intervention.Some of the achievements are listed below:

      • MAN has successfully positioned itself as a leading business Association recognized and respected by Government.
      • There is a very high level of consultation between the Federal Government and the Association such that the views of the Association are sought at the conception state of policy formulation.
      • In the management of the economy, the relevance of MAN has been appreciated through invitations to serve on many committees set up by government and other organizations viz:
        • Commonwealth Head of Government Meeting Abuja 2003 Business Support Group.
        • Presidential Committee on Lagos Explosion Disaster Relief Fund.
        • Specialized Committee of Stakeholders to Review the Status of the Pre-shipment Inspection Scheme Preparatory to the Introduction of Destination Inspection Scheme.
        • House of Representatives Committee on World Trade Organization (WTO) Agreements.
        • Presidential Committee on Modalities for Engaging Nigerian Professionals in the Execution of Project.
        • MAN-NPA Fast Track Delivery Committee on Consignment of Raw Materials.
        • Regional Organizing Committee on 3rdECOWAS Trade Fair.
        • National Organizing Committee on the 8th OAU Trade Fair.

      Monetary Policies

      • Reduction in, and adoption of a base mechanism for calculating Interest Rates.
      • Abolition of Dual Exchange rates.
      • Policy advocacy to establish a linkage between the maximum Bank lending interest rate and the Minimum Rediscount Rate (MRR) of the Central Bank of Nigeria.

      Specific Interventions

      • Successfully lobbied for compensations to member-companies affected by the 2002 Lagos Bomb explosion disaster.
      • Mediating on behalf of members on issues directly affecting them Customs, Police, Ports Authority and Local Government harassments.
      • Liaison with Federal, States and Local Governments on behalf of members for specific problems affecting members’ operations.
      • Successful advocacy for the take-off of support institutions i.e. Bank of Industry (BOI), SMIDA etc. to provide finance and strategic intervention for the revitalization of industries in Nigeria.

      Fiscal Policies

      • Tariff reduction on major industrial raw materials to 5%.
      • Removal of VAT on industrial machinery
      • Reduction of import duty to 2.5% on machinery.
      • Removal of import duty on some machinery e.g. CKD for Motor Assembly Plants.
      • Reduction of Excise Duty on beverages from 40% to 20%.
      • Favourable and satisfactory interpretation of the Withholding Tax Law in respect of manufacturing inputs and some services.
      • Removal of VAT on pharmaceutical raw materials and Educational materials.
      • Establishment of Fast Track Clearing Procedures at the Ports for Bonafide Manufacturers.
      • Elimination of import controls especially during the import license regime.
      • Protection of local industries from multiple taxation by persuading the Federal Government to promulgate Decree 21 of 1998 which defined the taxing powers of the three tiers of government.
      • Successful negotiation of the Land Use Charge Law with the Lagos State Government which ultimately led to reduction in the original chargeable rates.
      • Institution of legal action against some unfavourable laws such as the Sales Tax law.

      International Relationships

      • MAN has made appreciable progress in the building of relationship with international bodies such as:
        • United Nations Development Programme (UNDP)
        • United Nations Industrial Development Organization (UNIDO)
        • World Bank
        • International Finance Corporation (IFC)
        • African Project Development Facility
        • Multilateral Investment Guarantee Agency
        • Fredrick Neauman Foundation
        • Japanese External Trade Organization
        • US Corporate Council on Africa
        • Centre for Imports from the Developing Countries Netherlands
        • Economic Community of West African States (ECOWAS)
        • Confederation of Danish Industries (DI)
        • Confederation of Indian Industries (CII) as well as some foreign missions and embassies.
      • These organizations are assisting in the capacity building of our Association aimed at enhancing membership services and stimulating export of locally made products, facilitating sustainable economic growth through dissemination of business information and creating joint venture arrangements.

      Capacity building

      • MAN has commenced the process of establishing a Resource Centre in line with MAN Millennium Project.  The Resource Centre will be equipped to offer consultancy services particularly, to Small and Medium Industries in the following areas:
        • Preparation of Business Plan
        • Business diagnosis/due diligence
        • Financial structuring
        • Project Profiting
        • Matchmaking and linkages
        • Database on technology offers and request
        • Website
        • Manpower Training
        • Library Services

      Patronage of Made-In-Nigeria Products

      MAN launched a media campaign on patronage of Made-In-Nigeria products and this successfully triggered a follow-up campaign by the Federal Government.

      These have formed the major plank of our contribution to the development of the manufacturing sector in Nigeria.

      

    site search


     



    click me
    Vote here


    click me