Manufacturers Association of Nigeria Urges Government Agencies to Exercise Civility in Investigations

Kindly Share This Story:

The Manufacturers Association of Nigeria (MAN) expressed deep concern following the invasion of Dangote Industries Limited (DIL) by dozens of Economic and Financial Crimes Commission (EFCC) operatives. MAN, represented by Segun Ajayi-Kadir, the Director General, acknowledges the necessity of investigations into companies but questions the appropriateness of the method employed in this case.

While understanding the EFCC’s ongoing probe into forex allocations, MAN questions the wisdom of armed operatives invading the headquarters of a prominent African conglomerate like DIL for documents spanning the last decade. MAN raises valid concerns about the potential negative impact on the corporate image, business operations, and Nigeria’s standing as a destination for foreign investment.

Emphasizing the importance of a circumspect and civil approach in line with the administration’s efforts to attract foreign investors, MAN calls for government agencies to consider the wider implications of their actions on the fragile business environment. The organization urges the EFCC to clarify the motives behind the aggressive invasion and address concerns to reassure existing businesses and foster confidence among potential investors.

In conclusion, MAN highlights the significance of maintaining good corporate governance and encourages government agencies, particularly the EFCC, to adopt more restrained and considerate approaches in their investigations to uphold Nigeria’s reputation in the global business community.


Kindly Share This Story:

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

amehnews greetings

x
%d bloggers like this: