 Welcome to Business News, I am Khadija Balugu. The Manufacturer's Association of Nigeria Man has called on government to take a holistic approach against the biting effect of multiple taxation and bad policies affecting its members. President of Man, Mansur Hamad, made an appeal while briefing newsmen ahead of its 58th annual general meeting. Justin Akadomi tells us more. The outgoing president of the Manufacturer's Association of Nigeria, engineer Mansur Hamad, addresses what we expect at the meeting. Without reservation, he expresses bottlenecks affecting members in the sector. He says manufacturers are still overburdened with numerous demands from various teams of government in forms of taxes, levies, fees and permits among others. In addition, he says companies in the sector are confronted daily with multiple regulations and excessive drive for revenue generation by government agencies. It is indeed a matter of great concern to our members that even as our economy continues to experience very slow growth, our policymakers at all levels continue to compound the situation. In some climes, when the economy slows down, government actually addresses by reducing taxes to encourage businesses to expand, create more jobs and increase economic activities. That's indeed creating more revenue even for government. However, it is not all gloomy. Engineer Hamad says Man has benefited significantly in its relationship with the CBN. Through positive engagement by ensuring that regulations made by the Apex Bank do not have adverse impact on local manufacturers. We have engaged and tried to engage the Central Bank of Nigeria with a view to ensuring that the monetary policies and the monetary regulations that are applied by the Central Bank have taken account of the potential impact on the manufacturing sector and the economy generally and have been modulated to minimize negative impact on the industry. We at Man engaged the CBN very vigorously, very vigorously to ensure that window was closed and I think this is a major success. Unfortunately, the impact was significantly undermined. On the regional level, Man expects trade liberation to happen with the African Continental Free Trade Agreement. The theme for the 50th AGM is TAD, an agenda of Nigeria's industrialization for the next decade. Justin Akadone, plus the Belize Lagos. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.