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 since 2021. 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. 📞 +2349058501092, +2348137827714 ✉️ akanjiphilips100@gmail.com

Recent Posts

2027: Rainbow Coalition set up for Tinubu – Wike

Minister of the Federal Capital Territory (FCT), Nyesom Wike, has dismissed concerns that the Rainbow…

4 hours ago

Small Alhaji Felicitates Seyi Tinubu, Reaffirms Support for President Tinubu’s Re-election Bid

Hon. Tajudeen Adefisoye, popularly known as Small Alhaji and the Social Democratic Party (SDP) candidate…

6 hours ago

Ex- Nigerian Governor arrested in Abuja

Operatives of the Nigeria Police Force have reportedly arrested former Imo State Governor Rochas Okorocha…

7 hours ago

2027: Adeleke to Lead Tinubu’s Re-election Campaign in Osun

THE All Progressives Congress (APC) has named Osun State Governor Ademola Adeleke as the Osun…

8 hours ago

FULL LIST: US Deports Nigerians

News Update THE United States Department of Homeland Security (DHS) has released the names of…

20 hours ago

Ekiti Governor Oyebanji Dissolves State Executive Council, Retains Three Officials

Ekiti State Governor, Biodun Abayomi Oyebanji, has dissolved the State Executive Council for the 2022–2026…

1 day ago