Director General, MAN, Segun Ajayi-Kadir, in a chat with Vanguard, noted that manufacturers have always advocated for the removal of VAT on diesel which had become a key input in production process owing to unreliable power supply.
“It is good to note that it has formed part of the rapprochement that MAN and the other members of the Organised Private Sector of Nigeria have sought. “You would also recall that MAN had stridently advocated for the removal of VAT on diesel, especially because it has actually become a major “input” into our production process. We rely on diesel to power our machines and meet our energy needs in the face of abysmal power supply from the national grid. You are also aware that, the prices have gone above N1000 per liter.