Tag Archives: Manufacturers Association of Nigeria

Alcohol manufacturers mull price increase as new excise tax takes effect

Alcohol manufacturers in the country are set to raise prices on their goods following the increase in excise duty by the Federal Government on the product which came into effect on Monday June 4, 2018.

According to a report on Friday by the Punch Newspaper, manufacturers said their price increase will take effect immediately and in tandem with the new excise duty regime ushered in by the government.

Distillers, MAN urge FG to reconsider new duty on alcohol, tobacco

The Distillers and Blenders Association of Nigeria (DIBAN) has appealed to the Federal government to suspend the implementation of the new excise duty increase on alcohol and tobacco, warning that its imposition could affect the industry’s fortunes and lead to massive job losses.

The association was speaking on Wednesday at a joint news conference held with the Manufacturers Association of Nigeria (MAN) at their Lagos office to protest the new excise duty increase on wines and spirits. The group vowed to resist what they described as “astronomical hike in the excise duty”, lamenting that it will endanger over 250,000 jobs and put at risk investments worth over ₦420bn.

Manufacturers Association unveils new responsible drinking campaign

beer

The Manufacturers Association of Nigeria (MAN) has increased its responsible alcohol drinking campaign with the launch of the third phase of the crusade by its Beer Sectoral Group (BSG), which is made up of leading brewing companies in Nigeria such as Nigerian Breweries Plc, Guinness Nigeria Plc and International Breweries Plc operating in 17 locations in various parts of the country.

MAN opposes excise duty rate increase on alcohol, tobacco; seeks its reversal

The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to reverse the newly proposed excise duty rate increase on alcohol and tobacco products, saying that its implementation will lead to job losses and plant closures in the affected industries.

The President, MAN, Dr. Frank Jacobs, spoke on the issue in Lagos on Wednesday while addressing the media on the association’s position on the African Continental Free Trade Agreement.

NBC hosts fifth energy efficiency workshop

Nigerian Bottling Company (“NBC”), the bottler of Coca-Cola products in Nigeria hosted the fifth pilot Energy Efficiency Network (EEN) workshop for industries in Nigeria.

The event took place at the company’s Ikeja, Lagos plant on 17th August 2017, and attracted industry stakeholders and participants from other companies in the network and engaging in a series of practice-driven discussions focused on energy efficiency and aimed at supporting the participating companies to identify opportunities for sustainable energy cost savings.

La Casera relaunches its famous Apple drink

The La Casera Company, a leading soft drinks firm in the country has relaunched its eponymous Apple drink – La Casera Apple drink, a favourite among the youths.

The reintroduction of the brand received endorsements from the regulatory agencies including the National Agency for Food, Drug Administration and Control (NAFDAC), Standards Organisation of Nigeria (SON), as well as from the Manufacturers Association of Nigeria (MAN), distributors and consumers at the event which held at the Oriental Hotel, Victoria Island, Lagos on Friday.

Nigeria Spends N165 billion yearly on fruit juice imports, says MAN

Nigeria imports fruit juices valued at N165bn annually, according to the president of the Manufacturers Association of Nigeria (MAN), Frank Jacobs.

Speaking at a workshop organized by the Raw Materials Research and Development Council (RMRDC) in Owerri on Friday, Mr. Jacobs noted that in spite of the high rate of fruit production and a vibrant juice market, the country imported fruit concentrates.