 Welcome to business news, the manufacturers association of Nigeria has urged the federal government to maintain all measures to boost the level of liquidity and degree of transparency in the official forex window even as the backlog of 7 billion dollars for its obligations is being cleared. Government was also advised to manage the floating exchange rate system within an acceptable lower and upper bound pending the actualization of a net exporting economic aspirations. President of the manufacturers association of Nigeria Francis Mechoyer gave this advice during the presidential launching in man 2023 reporter of the year. Mechoyer also said the apex bank should allow forex access for importation of vital industrial imputes that are currently not available locally and subject them to backward integration policy that gives priority to a predictable sunset clause. Meanwhile speaking on the recent ban on the sale of alcoholic beverages and sachets impact bottles less than 200 ml so direct general registration Shagun Ajayi Kader is of the opinion that the issue raised by NAFDAQ for its decision is unfounded. There is no way you will clear your votes at her interest rates and you not factor into your tax. What you are putting is that the new little amount you have will go and will not have other money or you don't buy any part of clothes. So if we are looking at why are we closing shops as custom are you not guilty of the manufacturers living in that country then you are counterproductive. You are sending manufacturers anyway and you are calling them to come at the best gentlemen. How does this sound to all of us? Awkward right? Is it not important? We have the answer. So please help us turn the government in our vocation. That place, this institution, this agency should be supportive of your life rather than ruining the future of Nigeria. The issues they raised were the issue of underage drinking and abuse which is totally unfounded in some scientific and what we said is that NAFDAQ is a society driven agency of government that should rely on facts and data and they see history to it even though our members signed agreement 2018 that it would be banned so to say or discontinuation of production in 2024 but what happens is that during this interlude if I may use the word there we were working together with NAFDAQ we conducted a study endorsed by NAFDAQ and the result came out that a ban would be counterproductive that you only open the market or leave the market for illicit and that people to resort to order on wholesome alcoholic beverages.