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LIGHT manufacturing industries such as textiles and garments, furniture, processed food and beverages, footwear and plastic ...
To enable industry peers to have a clearer and more intuitive understanding of the global market distribution of lead ingot ...
The textile industry, in particular, faces a major impending challenge. Currently, cotton imports are exempt from tax. However, the new budget proposes a 2% advance income tax (AIT) on imported raw ...
The house of representatives has asked the federal government to revive Nigeria’s textile industry and implement stricter ...
They also recommended abolishing the single-source regulation, implementing patent laws and compulsory licensing, restructuring the PTAC, and removing the need for NOCs for raw material imports ...
Reliance on imports for raw materials makes businesses highly vulnerable to exchange rate fluctuations, rising international ...