Why It Makes Sense For Nigerian Manufacturers To Back ‘Painful’ Fuel Subsidy Removal – By Godson Ogheneochuko (Opinion Nigeria)

The manufacturing industry is better served where the country does not have to tax manufacturers to the hilt to pay for subsidy or look to loans from external parties that point fingers at the sector for revenue to recover their loans. It is extremely difficult to convince a finance minister not to increase taxes when he / she needs the revenue to plug an oversized revenue hole.