4% FOB suspension’ll crash production cost, boost economy –MAN

Sunnewsonline | 18-09-2025 02:52pm |

By Merit Ibe The Manufacturers Association of Nigeria (MAN) has joined the legion of stakeholders currently applauding the federal government for suspending the reintroduced 4 per cent Free-on-Board charge on imports. According to the association, the move will help crash the costs of local production, deepen domestic value chain addition and ultimately galvanise economic diversification.

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