The Manufacturers Association of Nigeria (MAN) says the Federal Government’s sweeping tax reforms have failed to deliver the promised relief, as multiple levies and government collections continue to stifle operations nationwide.
Despite official assurances that President Bola Tinubu’s administration would simplify the national tax system to ease the burden on the private sector, business owners say they are still grappling with a complex web of overlapping taxes.
This was disclosed in MAN’s Manufacturers CEO Confidence Index (MCCI) report.
“Manufacturers complained that they were still met with multiple tax collectors and regulators in Q2 2026. It follows that the implementation of the Nigeria Tax Act 2025 is yet to achieve its objective of relieving manufacturers of the burden of taxes and levies,” Segun Ajayi-Kadir, Director-General of MAN, said.
Evidence indicates that these persistent collections are creating a hostile environment for business survival, effectively neutralising the intended benefits of the tax simplification drive.
The report, however, acknowledged that local sourcing of raw materials is the only indicator that recorded noticeable improvement. It says the gains from that can be eroded by the worsening insecurity across the country.
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