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| |     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.
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