Through its continuous advocacy programmes, MAN has recorded remarkable achievements in a wide range of areas which include:
Industrial Incentives
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Bonafide Manufacturers Scheme
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Manufacturers-In-Bond Scheme (MIBS) approved and enjoyed by some members
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Export Expansion Grant (EEG) now being enjoyed by export oriented members
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Prohibition on some products to protect some sectors e.g. textile products etc.
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Sector-specifi c concessions/waivers for sectors such as Pharmaceuticals, Educational materials, Agro-allied industries, SMIs etc.
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Establishment of Small and Medium Scale Industries Equity Investment Scheme (SMIEIS)
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Establishment of the Bank of Industry
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Small and Medium Enterprise Development Agency (SMEDAN)
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Reduction in banks’ interest rate on lending
Achievements
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Recognition by government and other stakeholders (National and International).
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Regular consultation with Government especially at the Federal level on issues bordering on manufacturing.
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Specific Intervention on members’ challenges
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Fiscal Policy Incentives
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Monetary Policy Intervention
