Any news about mmm and federal government
You're referring to the ongoing saga between the Meat and Poultry Merchants Association (MMMA) and the Federal Government of Nigeria!
As of my knowledge cutoff, here are some recent updates:
- MMMA's Strike: The MMMA, which represents meat and poultry traders, has been on strike since October 2022, protesting the Federal Government's decision to increase the Value Added Tax (VAT) rate from 5% to 7.5%. The strike has led to shortages of meat and poultry products in many parts of the country.
- Government's Response: The Federal Government has been engaging with the MMMA to resolve the dispute. In November 2022, the Minister of State for Industry, Trade and Investment, Mariam Katagum, met with the MMMA leadership to discuss the issues. The government has also set up a committee to investigate the matter.
- Proposed Solution: The government has proposed a compromise, which includes reducing the VAT rate for meat and poultry products from 7.5% to 5%. The MMMA has accepted this proposal, and the strike is expected to be called off soon.
- Impact on Economy: The strike has had a significant impact on the economy, particularly in the food and beverage sector. Many businesses have been affected, and there have been reports of price increases for meat and poultry products.
Please note that these updates are subject to change, and I recommend checking with reliable news sources for the latest information on this developing story.