The Manufacturers Association of Nigeria (MAN) has urged president Bola to appeal to government agencies, and regulators in the oil and gas sector of the economy to desist from frustrating efforts to attract investors into the country, by demarketing local industries.
M.A.N Director General, Segun Ajayi-Kadir, reacting to the recent comments by the chairman of Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Farouk Ahmed who claimed Dangote’s refinery has not been licenced, among other allegations.
According to him, the allegations by NMDPRA were unsubstantiated, stating that said government agencies that provide regulatory oversight functions should promote an enabling business environment for local investments to thrive.
Ajayi-Kadir stressed that local investors in Nigeria, particularly the Dangote Industries Limited (DIL) play a vital role in driving economic growth, paying taxes, creating jobs and fostering development within the country. As such, these investors must be protected and given the necessary support to thrive in this business environment.
