Global Economic Crisis: Nigerian Manufacturers Ask FG To Remove 7.5% Vat On Diesel - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (A.M)
July 29, 2022
President of MAN, Mansur Ahmed made the call on Thursday at the 25th Annual General Meeting of the Kaduna State branch of the association.
He also asked the government to create a national strategic response to
the disruptive impact of the ongoing Russian – Ukraine war on the global supply value chain and its debilitating impact on Nigeria’s economy.
Ahmed stated that such a strategic response will help to identify viable options to ameliorate the negative impact of the disruption, assuage other pain points in the business environment and activate innovative solutions to familiar and emerging macroeconomic and Infrastructure challenges as well as provide a lead way for resilience in the economic ecosystem.
Represented by the chairman of MAN, Bompai branch in Kano State, Sani Saleh, the President said the removal of VAT on diesel should be pending the normalisation of the international supply system as well as resolve the complexity surrounding the seamless implementation of the eligible customer initiative in order to enable manufacturers to take of the advantage of stranded electricity.