MAN president seeks reduction in import duties - News Summed Up

MAN president seeks reduction in import duties


According to him, “35 per cent of duties for a nation like Nigeria on importation are killing our indigenous companies. We should also note that countries that process their raw materials are the ones creating job opportunities. The HAM Medical Syringe and Needle Production Plant is a wholly indigenous owned venture with partnership with a Sino-German company. Ayodele Shittu, the company would expand the plant from the current capacity of 200 Million Syringes and 350 Million Needles per annum, to 500 Million Syringes and 700 Million Needles respectively in the next three years. According to Shittu, “our products will be exported to the West African Countries and the African Union (AU) countries.


Source: The Guardian November 25, 2017 04:30 UTC



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