excise duties

MAN, DIBAN reject FG’s hike in excise duties

MAN, DIBAN reject FG’s hike in excise duties

Manufacturers Association of Nigeria, MAN, and Distillers and Blenders Association of Nigeria, DIBAN, have rejected the Federal Government’s hike in excise duties on wines and spirits produced locally, describing it as an “International Monetary Fund, IMF-backed policy that is wrong for the economy and bad for business.”