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767 Nigeria’s Manufacturing Companies shut down, 335 became distressed in 2023 – MAN

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The Manufacturers Association of Nigeria has said that 767 manufacturers shut down operations while 335 became distressed in 2023.

This came against the backdrop of exchange rate volatility, rising inflation and other economic challenges that have worsened the investment climate.

MAN stated this in a statement issued yesterday by Director-General, Mr. Segun Ajayi-Kadir, titled, “MAN Expresses Grave Concerns over the Expatriate Employment Levy.”  It strongly  condemned the recently introduced Expatriate Employment Levy by the Federal Government.

The association said it was struck with disbelief, seeing that the levy runs contrary to President Bola Tinubu’s Renewed Hope Agenda and the kernel of his Fiscal Policy and Tax Reform initiative.

It warned that the EEL would certainly ruin the confidence President Bola Ahmed Tinubu was striving to build among domestic and foreign investors.

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It described the latest levy as “punitive levy,” which was already “being perceived as a punishment imposed on investors for daring to invest in Nigeria and on indigenous companies for employing needed foreign nationals”.

The statement said EEL “is potentially an albatross to the realisation of Mr. President’s private sector led economy aspirations and would certainly ruin the trust and confidence he is striving hard to build among domestic and foreign private investors”.

Ajayi-Kadir added, “The imposition of EEL poses potential impact on the manufacturing sector and the economy at large.

“This will in turn mark an unwarranted and unprecedented addition to the cost of doing business in Nigeria, especially to manufacturers.

“The policy will surely undermine the administration’s determination to position Nigeria as an attractive global investment destination and may engender a cold welcome in Mr. President’s future foreign investment promotions endeavours, as well as undermine Nigeria’s efforts at becoming a hub for shared services centre and business process outsourcing.”

According to the statement, “The manufacturing sector is already beset with multidimensional challenges. In year 2023, 335 manufacturing companies became distressed and 767 shut down.

“The capacity utilisation in the sector has declined to 56 per cent; interest rate is effectively above 30 per cent; foreign exchange to import raw materials and production machine inventory of unsold finished products has increased to N350 billion and the real growth dropped to 2.4 per cent.

“Expatriates in Nigeria currently pay more than $2000 for CERPAC. The sector cannot afford another disincentive to increased investment and portfolio expansion.”

MAN stated that the levy would deter multinational companies from investing in Nigeria and setting up their regional headquarters in the country.

“Also, the levy will make Nigeria a more expensive location for global expertise that international companies require for their operations,” it stated.

“Overall, we risk slowing down knowledge and skills transfer to Nigerians and undermining a key avenue for the country to move up the technology ladder,” MAN added.

The manufacturers’ association was equally worried that the imposition of such a levy, which could have far-reaching implications for the country’s economy and potentially exert pressure on Nigeria’s currency, was introduced through a handbook, rather than a law enacted by the National Assembly.

MAN warned, “This levy may expose the federal government to a plethora of lawsuits that will distract government from the task of salvaging the current dire situation of our economy.

“Additionally, we already have laws that were promulgated to achieve the exact purpose for which the EEL was introduced. They include the Local Content Act, which guarantees the jobs of Nigerians, and the Immigration Act, which prescribes the primacy of consideration for Nigerians and imposes appropriate quota in the engagement of expatriate.

“Therefore, the EEL would amount to duplication and burdensome addition.”

MAN also expressed concern that EEL would contradict Nigeria’s international trade agreements and the obligations contained therein.

It stated, “For instance, Nigeria is a signatory to the African Continental Free Trade Area (AfCFTA) agreement. One of the pillars of the AfCFTA is the free movement of skilled labour across the continent, which is complemented by non-discriminatory measures against fellow Africans.

“Quite importantly, this could trigger retaliatory measures against Nigerians working across Africa and other nations of the world; frustrate regional integration efforts and portray Nigeria as a spoiler among her peers.”

The association, therefore, asked the president to give due consideration to its arguments and direct that the implementation of EEL be discontinued.

According to MAN, discontinuing the policy would be in the overall interest of the country’s economy and is urgently needed to reassure domestic and foreign investors of Nigeria’s commitment to an investment friendly environment and ease of doing business.

“Additionally, Mr. President should direct the Nigeria Immigration Service to refrain from enforcing compliance with the policy,” MAN said.

Ajayi-Kadir stated that while MAN fully supported policies aimed at promoting quality job opportunities for Nigerians, it would urge the president to consider the wider negative effect of EEL.

He stated, “A more effective and sustainable approach is for government to intentionally improve on its human capital development and incentivise companies to invest in developing local talent without compromising Nigeria’s ability to attract Foreign Direct Investment (FDI).

“MAN advises that it is extremely important that government institutionalise stakeholders’ consultations and engagement before important policies that could have far-reaching implications for our economy are made.

“This will allow for constructive input from the business community, who are able to support government initiatives and are the most impacted by the outcomes.”

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BREAKING: Kidnapped Oyo pupils, teachers regain freedom

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The freed pupils and teacher. Photo: Bayo Onanuga
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The pupils and teachers abducted in Orire Local Government Area of Oyo State have regained their freedom.

The development was disclosed on Friday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.

In a shared post on his verified X handle, Onanuga simply announced that the victims had been released by their abductors.

The freed pupils and teacher. Photo: Bayo Onanuga

“Finally, all the kidnapped pupils and teachers in Orire, Oyo have been rescued by our security agencies,” he wrote.

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As of the time of filing this report, details surrounding their release, including whether any ransom was paid or the circumstances leading to their freedom, had yet to be disclosed.

The abductions occurred on May 15, 2026, when armed men attacked three schools; Community Grammar School, Baptist Nursery and Primary School, and L.A. Primary School, in the Esiele and Yawota communities of Oriire Local Government Area.

No fewer than 39 pupils and seven teachers, including a principal, were taken during the attacks.

During the attack, a teacher, Joel Adesiyan, was killed while attempting to escape.

Another teacher, Michael Oyedokun, was beheaded in the kidnappers’ den.

The terrorists holding the victims had reportedly made a four-point demand before agreeing to free the captives, including the release of detained terrorist commanders, payment of ransom, two Hilux vehicles and the implementation of Sharia-related law.

The Oyo State Government had consistently maintained that no ransom would be paid to secure the release of any victims.

The incident had triggered weeks of public anguish, with the Nigeria Union of Teachers embarking on a month-long strike in the state to press for the victims’ rescue before suspending the action in July.

It also drew federal intervention, with military and police authorities repeatedly assuring Nigerians that operations to secure the victims’ freedom were ongoing.

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Enugu State Forest Guard Issues Standing Operational Order

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…Harps on discipline, professionalism

The Enugu State Forest Guard has issued a new Order introducing comprehensive standards governing the dress code, operational turnout, accoutrements, corporate identity, discipline, and professional appearance of all officers and operatives of the Corps.

The new policy issued entitled Headquarters Standing Operational Order No. 178/2026 was announced by the the Commander of the Enugu State Forest Guard, Dr. Akinbayo Olasoji, in Enugu.

He said the reforms are fully aligned with the vision of the Governor of Enugu State, Dr. Peter Ndubuisi Mbah, to build a disciplined, intelligence-driven, technologically enabled, and highly professional security architecture capable of safeguarding lives, property, forests, and other critical assets across the State.

In statement issued by the Geraldine Chiagozie, an Assistant Superintendent of Forest Guard, Olasoji said the Order forms part of the ongoing institutional reforms aimed at strengthening discipline, reinforcing command and control, enhancing operational professionalism, and projecting a distinctive corporate identity for the Corps.

“As the operational activities of the Forest Guard continue to receive increasing public visibility through field operations, community engagements, television, radio, newspapers, and digital media platforms, it has become imperative to institutionalize uniform standards that reflect the discipline, professionalism, and values expected of a modern government security organization.

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“The Standing Operational Order prescribes approved uniforms and their designated days of wear, operational dress for bush-combing and other field deployments, standards for approved accoutrements, lanyards, rank insignia, footwear, and personal grooming. It also establishes special dress codes for Administrative Officers and the Provost Unit to promote uniformity, professionalism, and easy identification throughout the Corps.

“The Order further prohibits the wearing of unauthorized uniforms, civilian attire (mufti) without authorization while on official duty, unauthorized footwear, and the use or public display of improvised wooden weapons during official assignments.

‘It emphasizes that only Headquarters-approved uniforms, equipment, and accoutrements shall be worn by personnel in the discharge of official duties.

“To ensure strict compliance, Directors, Senatorial Commanders, Zonal Commanders, Heads of Departments, Unit Commanders, and Sector Officers have been directed to conduct regular inspections before office duties, patrols, bush-combing operations, ceremonial activities, media engagements, and other official assignments. The Provost Unit has also been mandated to monitor compliance and enforce the provisions of the Standing Operational Order across all Commands and Units of the Corps,” the statement explained.

Meanwhile, the Commander of the Forest Guard, has also provided more insights into the significance of the initiative.

“Discipline begins with appearance. A professional security organization must be instantly recognized by its smart turnout, uniformity, discipline, and operational readiness. This Standing Operational Order is therefore not merely about uniforms; it is about strengthening our institutional culture, promoting accountability, reinforcing public confidence, and ensuring that every officer and operative represents the Government of Enugu State with dignity, honour, and professionalism,” the statement quoted Dr. Olasoji as saying.

The Commander reaffirmed the unwavering commitment of the Enugu State Forest Guard to continuous institutional improvement, operational excellence, intelligence-led security operations, respect for the rule of law, and effective collaboration with communities and other security agencies in promoting peace, public safety, and sustainable development throughout Enugu State.

Meanwhile, the Headquarters Standing Operational Order takes immediate effect, and all Commands and Units have been directed to ensure immediate and full compliance with its provisions.

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State Police: Mbah presses for financial autonomy, investment in technology

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Enugu Governor, Dr Peter Mbah
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…Allays fears of abuse, says no one would be governor forever

Governor Peter Mbah of Enugu State has called for financial autonomy and investment in modern security infrastructure for state police services when created, stressing the need for any legal framework for state police to take into account the need for national standards, national support, local capability and local decision-making.

Mbah made his position known during the town hall themed, “Building a National Consensus for State Police and National Security,” organised by Arise News in Abuja on Thursday.

The governor emphasised that prioritising security through adequate funding for state police services and investment in technology would enable those responsible for security at the subnational level to deliver the expected outcomes.

“The importance of funding the state police system effectively cannot be overemphasised. And having a State Police Service Commission that has a first-line charge on the Consolidated Revenue Fund is in order.

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“Many other institutions in the states – the judiciary and the legislature – have the first-line charge. The key thing is providing enough funding to be able to sustain the state policing system,” he said.

Sharing the Enugu State experience on the importance of prioritising security, he recalled that at the inception of his administration in 2023, the state was under siege, with nightlife gone, some areas even in the state capital barricaded, Mondays gone, while many students lost an entire academic year, as they could not sit important final-year examinations due to the illegal sit-at-home orders.

“If the Enugu experience is anything to go by, we came into office recognising that we had made commitments to eradicate poverty, to grow the economy exponentially, to make Enugu State the preferred destination for business, living, and investment.

“We immediately recognised that if we didn’t address the security challenges, we could not achieve those objectives. Therefore, we had to invest hugely in technology, in building a Safe City Surveillance System with CCTV cameras that are AI-enabled, as well as having both static and mobile cameras. All these come with huge costs.

“But the human element is also important, which is essentially why we had to set up the Distress Response Squad (DRS). As a governor, you want immediate action because matters of security are measured in minutes. You must be in a position where you are able to act swiftly.

“So, you must build the capability to first nip crime in the bud. But where there has been a breach, you must have the capacity to act swiftly. And if the Enugu experience is anything to go by, that essentially is what we did that enabled us to drive down violent crime by over 90 per cent.

“Therefore, when you talk about funding, you can see that the states are already carrying quite a huge burden in terms of funding, because you are investing in technology.

“We also ensured that there is a unified communication system between the agencies. Our Command and Control Centre houses all the security agencies in the state – the police, the army, and the Department of State Services. They all have a channel of communication,” he stated.

Governor Mbah also called for a constitutional provision that guarantees state police while preserving the details for an Act of the National Assembly to allow for amendments in the future without going through the rigours of constitutional amendment.

“So, in amending the Constitution, we must, by all means, make sure that it is not verbose. There should be a provision that allows us to reform the system in future, if needed, when we have tried it,” he said.

Mbah also stressed the need to focus on operational authority for state police rather than on watering down the powers of governors, who would be in office for a maximum of eight years only.

“By the way, there is this idea that governors are likely to abuse state police and that we should, therefore, do as much as we can to water down their powers.

“Nobody is a governor forever. We are also going to one day leave that office and become regular citizens. We just want to be sure that there is enough operational authority given to the governors so that you do not give someone a performance target without providing him or her with the control needed to achieve the required outcome,” he concluded.

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