Small businesses and manufacturers in Nigeria are set to benefit from British American Tobacco's (BAT) sustained economic contributions, which include N500 billion in tax remittance, 350,000 jobs created, and $110 million in annual foreign exchange earnings.
During a visit to BAT's Ibadan factory, the Manufacturers Association of Nigeria (MAN), led by President Otunba Francis Meshioye and Director-General Segun Ajayi-Kadir, commended the company for its role in industrial development and job creation. The visit reinforced BAT's reputation as a key player in Nigeria's manufacturing sector, contributing to both government revenue and employment opportunities.
Meshioye praised BAT for its commitment to safety, quality, and innovation, particularly its Environmental, Health, and Safety (EHS) protocols. He urged the company to accelerate its transition to reduced-risk products, aligning with global industry trends.
Read also
Ajayi-Kadir echoed this sentiment, acknowledging BAT's resilience amid regulatory challenges. He emphasized that businesses adhering to government regulations and industry standards deserve greater support.
BAT's Ibadan facility, commissioned in 2003, operates 16 production lines and maintains a strong safety culture, with zero lost-time incidents in four years. Operations Director Hasnain Ishtiaq reaffirmed the company's commitment to sustainability and innovation, ensuring it remains a pillar of economic growth.
For small businesses in the manufacturing and supply chain sectors, BAT's continued investments signal new opportunities for partnerships, job creation, and economic stability.
No comments:
Post a Comment