Home Business SON, MAN sign MoU to promote economic development

SON, MAN sign MoU to promote economic development

- Advertisement -

As part of efforts to further promote economic and industrial growth through manufacturing in Nigeria and to provide a greater enabling environment for the ease of doing business, the Standards Organisation of Nigeria (SON) has signed a Memorandum of Understanding (MoU) with the Manufacturers Association of Nigeria (MAN) in Lagos. The MoU which covers the operations of the mandatory conformity assessment programme for the certification of all locally manufactured products as well as the offshore conformity assessment programme (SONCAP) for imported products will be in force for 5years according to the document.

Speaking after the signing, SON Director General, Osita Aboloma Esq. stated that the mandate of his organisation is primarily to promote local manufacturers in order to ensure rapid industrial growth, describing MAN as a formidable partner in progress. He described the signing of the MoU as another milestone in the existing mutual collaboration between SON and MAN for the overall benefit of the Nation’s economy and the welfare of its people. According to him, the document took particular note of the interests of micro, small and medium enterprises as the fulcrum of industrial development and provides concessions for genuine manufacturers under the ambit of MAN.

- Advertisement -

Aboloma urged the MAN leadership to put in place mechanisms against the abuse of the concessions granted, promote self-regulation amongst its members and join the SON quality vanguard by providing necessary information to aid the fight against the influx and distribution of substandard and life-endangering products. Responding, MAN Director General, Mr. Segun Ajayi Kadiri described the signing as a necessary response to a lot of concerns by the association’s members, stressing that SON through the MoU has further demonstrated its avowed commitment to the development of the manufacturing sector in Nigeria.

He acknowledged the concessions to MAN members with particular reference to the importation of raw materials and machinery and promised to put necessary machinery in place to optimise the gains from the MoU. Mr. Kadiri stated that the timing of the MoU cannot be better in view of the imminent implementation of the African Continental Free Trade Agreement (AfCFTA) and its likely implications for the manufacturing sector in Nigeria. The MAN DG urged other regulatory authorities in Nigeria to follow the example of SON as business facilitators to further provide a better enabling environment for the ease of doing business, in furtherance of the Federal Government’s initiative

All Rights and Copyright © belongs to Source:

SOURCE: Vanguard

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

how to move Google Authenticator

As you set up your new phone, transferring apps, email accounts, contacts and calendar entries, don't forget to set up Google Authenticator, the app...

EBSU 2019/2020 4th Supplementary Admission List is Out

The EBSU 4th Supplementary Admission List for 2019/2020 academic session has been made available on the school's website. Candidates who applied for supplementary admission to the...

Characteristics of smartphone Oppo Reno 3 5G

The Oppo Reno 3 5G smartphone with the model number PDCM00 appeared in the base of the Chinese regulator TENAA. Thanks to this, the characteristics...

Google Pixel 4 earns 5th position in DxOMark’s audio ranking

After getting a comprehensive review of the camera, the Google Pixel 4 now has a thorough assessment of its audio recording and playback capabilities....

Introducing Motorola razr 2019. Smartphone of the future?

The most memorable smartphone of the year? Unexpectedly, but this is Motorola Razr ! The brand has revived the famous clamshell range, but with modern chic. The novelty should...