Fiscal Policy
Advocacy around tariff reduction on major industrial raw materials, reversal of VAT increase, removal of VAT on industrial machinery, reduction of import duty on machinery and spare parts, and action against multiple taxation.
Advocacy
Advocacy achievements that strengthened the operating environment
Through public policy advocacy, MAN has achieved progress in government relations, fiscal policy, monetary policy, international engagement, capacity building, and interventions on issues affecting manufacturers.
Advocacy Impact
MAN's advocacy has produced measurable wins for manufacturers
MAN's advocacy machinery has helped elicit a more responsive business environment for manufacturers. The Association has sustained engagement with government and stakeholders on fiscal measures, monetary policy, international relations, capacity building, and practical interventions for members.
Monetary Policy
Engagement on interest-rate structure, exchange-rate administration, SME forex allocation for vital raw materials and machinery, and intervention in repayment issues involving NERFUND and World Bank SME facilities.
Grants & Incentives
Support for the resuscitation of the Export Expansion Grant, infrastructure-related tax relief, employment tax relief, and sector-wide application of strategic concessions and tariff amendments.
Selected Outcomes
Policy gains MAN continues to defend
- Tariff reduction on major industrial raw materials to improve manufacturing competitiveness.
- Removal of VAT on industrial machinery and selected productive inputs.
- Fast-track clearing procedures at ports for bona fide manufacturers.
- Federal Government Executive Order 003 on patronage of Made-in-Nigeria products.
- Backward integration policy support for cement and other subsectors.
- Preferential treatment and SONCAP exemption support for local manufacturers.