Manufacturers Lose N1.7trn To Forex Crisis, Says FIRS
The Federal Inland Revenue Service (FIRS) has reported that Nigerian manufacturing companies lost around N1.7 trillion last year due to a severe foreign exchange (forex) crisis, causing many to halt operations. Chairman of the FIRS, Mr. Zacch Adedeji, disclosed this information during a recent meeting with the Senate Committee on Finance at the National Assembly […]
Read MoreNew Minimum Wage: Impact On Nigeria’s Private Sector
The recent announcement of a new N70, 000 minimum wage in Nigeria has garnered significant attention, with various stakeholders expressing both commendation and concern. The Manufacturers Association of Nigeria (MAN) has praised President Bola Tinubu for this initiative but has also highlighted the pressing need for supporting measures to ensure that the private sector can […]
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