The President of the Manufacturers Association of Nigeria (MAN), Mr Francis Meshioye, has urged the federal government to suspend the 2023 Fiscal Policy Measures (FPMs) on excise duty and retain the 2022 -2024 excise duty roadmap as approved in the 2022 FPM, to foster stability in the affected sectors and their value chain, in the interest of the national economy.
Meshioye disclosed this in Lagos, at a press conference by MAN on the “Increase in Excise Rates for Alcoholic Beverages and Tobacco, as contained in the 2023 FPMs dated 20th April 2023.
