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Manufacturers to banks: Don t hoard forex… comply with CBN s directive

Manufacturers to banks: Don t hoard forex… comply with CBN s directive
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Okwara udensiGodwin emefieleCentral bankManufacturers association of nigeriaManufacturers associationமைய வங்கிஉற்பத்தியாளர்கள் சங்கம் ஆஃப் நைஜீரியாஉற்பத்தியாளர்கள் சங்கம்

MAN sensitises members to FG N50bn Export Expansion Facility Programme

Benin, April 9, 2021 The Manufacturers Association of Nigeria (MAN), Edo/Delta Chapter says it will sensitise its members to the need to apply for the Federal Government N50 billion Export Expansion Facility Programme (EEFP). Mr Okwara Udensi, Chairman of the chapter said this in an interview with Naija247news in a phone chatin Benin on Friday. Udensi noted that some members of the association had distrust about the facility due to their inability to access the COVID-19 Survival Fund. “We are planning an interaction with our national body on April 27, to enlighten our members about the Federal Government grant which they can benefit from.

Okwara udensiExpansion facility programmeSurvival fundManufacturers association of nigeriaManufacturers associationDelta chapterExport expansion facility programmeFederal governmentNigeria economic sustainabilityவிரிவாக்கம் வசதி ப்ரோக்ராம்பிழைப்பு நிதிஉற்பத்தியாளர்கள் சங்கம் ஆஃப் நைஜீரியாஉற்பத்தியாளர்கள் சங்கம்டெல்டா அத்தியாயம்ஏற்றுமதி விரிவாக்கம் வசதி ப்ரோக்ராம்கூட்டாட்சியின் அரசு

Increase in electricity tariff ill-timed – MAN

By Joy Odigie Benin, Jan. 6, 2020 The Manufacturers Association of Nigeria (MAN), Edo/Delta branch, has described the increase in electricity tariff by the Nigerian Electricity Regulatory Commission (NERC) as `ill-time’ due to the economic recession. Mr Okwara Udensi, Chairman of the branch, told the News Agency of Nigeria (NAN) in Benin on Wednesday that many businesses were still facing untold hardship caused by the COVID-19 pandemic and EndSARS violence. He said the manufacturing sector was currently being faced with high cost of production noting that any further increase in electricity tariff would worsen production and purchasing power of consumers. “The economy is in a bad shape, we are in recession, so an increase in electricity tariff will translate to an increase in the cost of goods and services.

Abuja federal capital territoryOkwara udensiNews agency of nigeriaNigerian electricity regulatory commissionManufacturers association of nigeriaManufacturers associationNews agencyGarba sanusiYear tariff orderMinimum remittance orderகூட்டாட்சியின் மூலதனம் பிரதேசம்நைஜீரியன் மின்சாரம் ஒழுங்குமுறை தரகுஉற்பத்தியாளர்கள் சங்கம் ஆஃப் நைஜீரியாஉற்பத்தியாளர்கள் சங்கம்ஆண்டு சுங்கவரி ஆர்டர்குறைந்தபட்சம் பணம் அனுப்புதல் ஆர்டர்