Categories: Local News

Ban on single-use plastics bad for small businesses — MAN claims

The Manufacturers Association of Nigeria (MAN) has faulted the proposed nationwide ban on single-use plastics, warning the ban portends doom for many small businesses.

 

In a statement, Director General of MAN, Segun Ajayi-Kadir, expressed the concerns of manufacturers on the potential economic implications of the proposed ban.

 

He noted that the ban will necessitate significant operational overhauls for the concerned companies, adding that transition to alternative materials has substantial financial implications.

 

His words: “The proposed nationwide ban on single-use plastics will undoubtedly impact the operational landscape for businesses across diverse sectors.

 

“Concerned manufacturers, distributors/retailers and consumers will have their production processes, supply chains, and consumer behaviors significantly altered.

 

This regulatory shift will precipitate significant investments in research and development to identify, develop, and implement viable alternatives to single-use plastics.”

 

On the impact of the ban on manufacturing companies, Ajayi-Kadir stated: “The impending ban on single-use plastics will necessitate significant operational overhauls for companies within this sector. Manufacturers will be compelled to reconfigure their production processes to align with the new regulatory landscape. “This transition will involve substantial investments in research and development to identify and adopt suitable alternative materials. Acquiring new machinery and equipment, as well as modifying existing infrastructure, will be essential to accommodate the production of these alternative products.

 

“Sectors such as packaging, consumer goods, food and beverage, and healthcare are expected to experience significant disruptions. Small and Medium Scale Enterprises (SMEs) within the manufacturing sector are particularly vulnerable due to their limited resources and capacity to adapt to rapid regulatory changes.”

 

The MAN DG said the transition to alternative materials has substantial financial implications.

 

“Businesses will incur significant costs for new technology, employees training, and potentially higher-priced raw materials. Redesigning products to comply with the new regulations is a time-consuming and costly endeavour. Moreover, navigating the complex legal and administrative landscape associated with the ban can add to operational burdens. Non-compliance also carries the risk of substantial penalties, further exacerbating financial challenges,” he added.

 

TO READ MORE NEWS UPDATES; CLICK @ https://www.voiceairmedia.com

 

NOTE: YOU can join our WhatsApp, Telegram for the news updates you need by sending your name & location to WhatsApp No. @ Wa.me/+2348111142174

 

Akanji Philip

Akanji Philip has been working as a reporter with VOICE AIR MEDIA, both onsite at the head office in Odi-Olowo, Osogbo, and remotely. He has covered events at notable political venues, involving prominent figures such as former Osun Governor Adegboyega Oyetola, current Osun State Governor Senator Isiaka Adetunji Adeleke, former Vice President Professor Yemi Osinbajo, the late Ondo Governor Rotimi Akeredolu, Oyo State Governor Seyi Makinde, and various other representatives and lawmakers. In addition, he has represented the company at various press conferences at police stations and has reported on occasions featuring entertainers and actors, such as Kola Oyewo during Oba-Ile Day in Osun State, among others. -Phone Number: +2349058501092, +2348137827714 -Email: akanjiphilips100@gmail.com

Recent Posts

Popular Gospel Musician Taiwo Adegbodu Twins Dies

THE Nigerian gospel music scene has been plunged into grief following the death of Taiwo…

6 hours ago

Female officer dies after NSCDC vehicle accident during show of force

News Update A female operative of the Nigeria Security and Civil Defence Corps, NSCDC, has…

21 hours ago

Explosions in Israel as Iran strikes; Trump declares ‘major combat operations’

News Update Explosions were heard in the Haifa area in northern Israel on Saturday following…

1 day ago

Celebrating a Defender of the Oppressed, OOPA Congratulates Sodiq Lawal on His Birthday

Osun Online Publishers Association Celebrates Comrade Sodiq Lawal of Dailyimpact on His Birthday The leadership…

1 day ago

Edo State, Governor Okpebholo Vows to Resign If…

Edo State Governor, Monday Okpebholo, has said he will relinquish his seat if President Bola…

1 day ago

FG to train over six million youths in agric skills

THE Federal Government has unveiled a partnership initiative aimed at equipping over six million Nigerian…

2 days ago