The Manufacturers Association of Nigeria (MAN) has raised a red flag over the proposed nationwide ban on single-use plastics, warning of catastrophic consequences for small businesses and the economy at large.
In a statement, MAN’s Director General, Segun Ajayi-Kadir, expressed concerns about the economic implications of the ban, citing significant operational overhauls and financial burdens for manufacturers. He noted that the ban would alter the business landscape, affecting production processes, supply chains, and consumer behavior.
“The proposed ban will have far-reaching consequences for small businesses, which are the backbone of our economy,” Ajayi-Kadir said. “They will struggle to adapt due to limited resources, and the transition to alternative materials will require substantial investments.”
MAN warns that the financial implications of the ban, including new technology, training, and raw materials costs, will be crippling for small businesses. Non-compliance penalties will further exacerbate the challenges, threatening the very survival of these enterprises.
The association urges caution, highlighting the need for a more nuanced approach to address plastic waste while protecting small businesses. It calls for a phased implementation, allowing businesses time to adjust and adapt to the new regulations.
“The government must consider the potential consequences of this ban and engage with stakeholders to find a solution that balances environmental concerns with economic realities,” Ajayi-Kadir added.
As the debate on the plastic ban continues, one thing is clear: the fate of small businesses hangs in the balance. Will the government heed MAN’s warning, or will the ban spell disaster for Nigeria’s entrepreneurial spirit? Only time will tell.