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MAN Seeks Harmonisation of Regulatory Agencies

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Manufacturers Association of Nigeria has urged for an end to the activities of multiple agencies hurting their businesses, urging the government to fix the overlaps by harmonizing regulatory compliance.

Member companies of the Manufacturers Association of Nigeria, Ikeja Branch, in a meeting of CEOs and MDs on Thursday, presented their demands for harmonisation to the federal and state governments.

The manufacturers dialogued with the Lagos State Government through directors representing the state government’s Ministers of Commerce and Industry, and Environment and Water Resources.

In his keynote speech, the CEO of the Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, said one of the biggest risks that businesses have to cope with in the Nigerian economy is regulatory risk that comes in the form of overlapping regulatory agencies.

He said, “Regulatory risk could manifest in the form of overlapping regulatory regimes, too many regulations, sporadic and frequent regulatory changes, poor interpretations of regulations and the absence of dispute resolution mechanisms between businesses and the regulators.”

Yusuf stated that instances of overlaps exist in the regulatory functions of quality and standards, environmental issues, transportation and logistics, taxation, and international trade.

He said the agencies with an overlap of quality and standards functions include the Standards Organisation of Nigeria, the National Agency of Food Drug Administration and Control, Plant Quarantine, Weights and Measures and the Nigeria Drug Law Enforcement Agency.

He decried some agencies that he claimed forced business owners to pay for flight tickets for their agents to visit foreign suppliers whose goods are imported into Nigeria for certification.

“Some of them (agencies) practically have the power of life and death over investors. Which is why engagement with the regulators is often very challenging. Some of them can be very overbearing, intimidating investors and sometimes extorting them,” the CPPE boss said.

Yusuf said the overlap in environmental issues is found among agencies, including the Federal Environmental Protection Agency, The Lagos State Environmental Protection Agency and other subnational equivalents, the Ministry of Environment at the federal and state levels.

Others are the National Environmental Standards and Regulations Enforcement Agency, Lagos Waste Management Authority, and Local Government Environmental Unit.

Further, Yusuf said overlap of functions happens in logistics and transportation, through agencies such as the Vehicle Inspection Office, Police, Federal Road Safety Corps, Lagos State Traffic Management Authority and other state traffic management agencies; Local Government Traffic officials and Task Force.

For tax administration, Yusuf said there was an overlap between the Presidential Committee on Fiscal and Tax Reforms and the other major institutions in the tax environment, including the Federal Inland Revenue Service, State Internal Revenue Service, Nigeria Customs Service and Local Government Tax Units,

The CPPE CEO said the Presidential Committee on Fiscal and Tax Reforms was mandated to prune down the number of taxes to less than ten, as there are 40 different kinds of taxes and levies exacted from Nigerians currently.


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NOA Warns of Fake N1000 Notes in Circulation, How to Identify Them

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National Orientation Agency (NOA) in Kwara has cautioned the public on fake N1000 notes circulating in the state.

NOA Warns of Fake N1000 Notes in Circulation, How to Identify Them

Alhaji Abdulganiyu Dare, state director of NOA, disclosed this in a statement issued in Ilorin.

Dare emphasised the need for vigilance among residents and business owners in the state.

According to him, there is confirmed intelligence reports of syndicates flooding the area with counterfeit currency with batch numbers 364232 and 898248.

Dare said the counterfeit notes can be identified by their blurred portraits, watermarks, and irregular security features.

He urged the public to be cautious when handling large sums of money.

“The syndicates behind this crime exploit peak commercial hours in major local markets to carry out transactions with counterfeit notes.

“They target unsuspecting POS operators and merchants by defrauding them of their hard-earned money.

“NOA Kwara Directorate is committed to sensitising the public on the dangers of fake currency and the importance of verifying the authenticity of banknotes.

“The agency is working tirelessly to ensure that residents of Kwara are protected from financial scams,” he said.

While describing the crime as unpatriotic and capable of distorting the Nigerian economy, Dare said NOA would work closely with security agencies to bring the culprits to book.

The director advised residents to report any suspicious transactions or individuals to the authorities immediately.

“Together, we can build a safer and more secure financial environment for all residents of Kwara.

“By working together, the NOA and the public can prevent the circulation of fake currency and protect the financial interests of Kwara residents,” he said.


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NCC, IHS Towers Lead Others To NITRA-ALTON CNII & Telecom Sustainability Conference 2025

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Telecom industry regulator, the Nigerian Communications Commission (NCC) and other industry operators, including IHS Towers, Digital Realty and 9mobile Nigeria, have joined the line of partners that will chart the way forward as stakeholders gather for the Maiden Edition of the CNII & Telecom Sustainability Conference 2025 being organized as a collaboration between media body, the Nigeria Information Technology Association (NITRA) and Industry advocacy group, the Association of Licenced Telecom Operators of Nigeria (ALTON).

Scheduled for August 7, 2025 in Lagos, the event, which is expected to host the Minister of Communication, Innovation and Digital Economy, Dr. Bosun Tijani, will also bring stakeholders from Nigeria Security and Civil Defence Corps (NSCDC) and the Peace Corps Nigeria, to discuss the security of infrastructure, stakeholders’ roles, and the practical implementation of the Critical National Information Infrastructure (CNII) Presidential Order.

Headlining the event, with its theme as “Telecoms Industry Sustainability and the CNII Act – Way Forward”, IHS Towers will throw light on the state of infrastructure in the country, while the Panel Session will discuss the “Role expectations of stakeholders in the implementation of the CNII Act”

Keynote speeches will come from the NCC EVC, Dr. Aminu Maida and the President of the Association of Telecommunication Companies of Nigeria (ATCON).

The Nigerian Designation and Protection of Critical National Information Infrastructure (CNII) Order, 2024, aims to safeguard critical infrastructure like telecommunications networks, financial systems, and power grids by designating them as CNII and outlining measures for their protection. This order, signed in June 2024, is an extension of the Cybercrimes Act of 2015 and seeks to reduce disruptions to these vital systems.

Some of the questions stakeholders will give answers to at the Panel Discussion include:

  • How do we ensure that this Order is implemented to the letter?
  • What are the roles of each stakeholder in the industry – Federal, States, Operators, Consumers, and other actors?
  • Are telecom companies keying into the CNII provisions, and how?
  • Are there areas worth looking into once more, or is the Order perfect as it is?
  • What is the role of regulators in ensuring public compliance to the Bill?
  • How do we ensure security?
  • What is the place of collaboration?
  • Publicity: how much of the CNII provisions are the public aware of?
  • How can we sustain the growth and development of telecommunications in Nigeria?

According to the General Secretary of NITRA, Mr. Chidiebere Nwankwo, this industry collaborative event will afford stakeholders in the public and private sectors the opportunity to sit back together and review how well the CNII Order has thus far been implemented, and to re-strategise, if need be, on the way forward.

“This event is key because it will bring Stakeholders to the CNII plan to a roundtable to re-evaluate the decision, make amends and continue the journey. This has to be a periodic gathering to make the goals of this order achievable,” he said.

ALTON is the official private sector industry body for all providers of telecommunications and subsidiary services in Nigeria.

The Chairman of ALTON, Engr. Gbenga Adebayo and the Chairman of NITRA, Mr. Chike Onwuegbuchi will be on hand to welcome industry stakeholders.


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Fearless Freedom Launches to Tackle Inequality and Champion Global Economic Inclusion

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Fearless Freedom, a bold new global advocacy initiative focused on ending economic inequality and expanding economic opportunity, officially launches today, 2nd August, 2025.

Backed by the founder of Fearless Fund,  the first venture capital fund in the U.S. built by women of color for women of color,  this new chapter builds on a legacy of breaking barriers and driving inclusive progress.

The launch of Fearless Freedom comes nearly one year after the dismissal of a federal lawsuit that challenged the organization’s efforts to empower underrepresented communities. The case, which drew national attention, was filed on August 2, 2023, and dismissed permanently on September 11, 2024.

Fearless Freedom is not just an advocacy; it is a global movement for visibility, justice, and financial equity. Through storytelling, policy conversations, and creative programming, Fearless Freedom is reclaiming space, spotlighting the real challenges, and championing the people building powerful solutions.

“Fearless Freedom is our global declaration, a refusal to be silenced, erased, or sidelined,“ said HM Queen Wa Arian Simone, CEO of Fearless Fund. “We’re not just funding change anymore, we’re amplifying the voices that have always driven it. This initiative is about power, presence, and rewriting the rules of who gets seen, supported, and heard.”

“August 2nd was once about legal resistance. From now on, it marks something else: a day of fearless expression and global visibility,” she added.

As a global advocacy initiative, Fearless Freedom will spark meaningful dialogue around economic inclusion, inviting communities to reflect, learn, and speak out against financial inequality, all through creative expression and powerful storytelling.


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