Nigerian Manufacturers Face High Costs and Insecurity

Manufacturers cry out over taxes, FX costs, insecurity, poor power supply

By Victor Ahiuma-Young Manufacturers under the aegis of the Association of Food, Beverage and Tobacco Employers, AFBTE, have indicated that its operating environment in Nigeria is worsening. It cited excessive taxes and levies, high interest rate, insecurity, poor infrastructure and unstable power supply as major threats to business survival. The employers warned that despite recent macroeconomic […] The post Manufacturers cry out over taxes, FX costs, insecurity, poor power supply appeared f...

By Urowayino Jeremiah