The Manufacturers Association of Nigeria (MAN) has highlighted the potential for a significant recovery in the country's industrial sector through the successful implementation of the naira-for-crude arrangement and proposed tax reforms. The association emphasized that enhanced access to crude oil priced in local currency, coupled with a streamlined tax system, could provide the necessary support for industries to thrive. MAN's statements reflect a broader optimism regarding the impact of these policy initiatives on Nigeria's economic landscape. The association urges stakeholders to prioritize these reforms to foster a conducive environment for industrial growth.
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