Report: Nigerian Manufacturers At Receiving End of Country’s Debt Burden

The MAN made this assertion in its Manufacturers CEO Confidence Index (MCCI) for Q1 2023 that was captioned, “Special Focus: MAN at the Receiving End of National Debt Crisis,” which stated that “higher debt repayment requires increased revenue. The Nigerian government has continued to breed a harsh business environment by its indiscriminate imposition of high and multiple taxes on manufacturers all in a bid to generate revenue.”