MAN Sounds Alarm on Tax Stamps: Warning of Significant Economic Impact Ahead
The Manufacturers Association of Nigeria (MAN) has voiced serious concerns regarding the planned implementation of a Tax Stamp System on excisable products within the country....
The Manufacturers Association of Nigeria (MAN) has voiced serious concerns regarding the planned implementation of a Tax Stamp System on excisable products within the country. According to MAN, this initiative is likely to result in substantial compliance expenses, operational delays, and only marginal increases in government revenue. Segun Ajayi-Kadir, the director-general of MAN, acknowledged the...