Fouani Group MD’s Release: MAN Raises Concern Over Safety of Business Owners, Employees

By Azeez Disu

The Manufacturers Association of Nigeria (MAN) has raised concern over the state of insecurity in the country and it is worried about the safety of business owners and their employees.

The. concern is based on the recent kidnap of the Managing Director of Fouani Group, a member of the Association, who has reportedly been released.

The Director General of MAN, Segun Ajayi-Kadir said the incident has left the entire manufacturing community shocked and concerned about the safety of chief executives and indeed, its workforce .

The Director General said, “the Association, on receiving the news of the unfortunate incident, frantically made contact with relevant authorities, including security agencies, to express its deep concerns and to reaffirm its confidence in the ability of the agencies to briskly bring an end to the nightmare.

“We are glad that the efforts of the security agencies paid off and yielded results without casualties among the victims. MAN commends the security agencies for the safe release of Mr. Fouani.”

The Association called for more effort to tackle the rising cases of kidnapping and insecurity in the country, as it poses a significant threat to the business community and the overall economic development of Nigeria.

“This if not checked, will erode investor confidence in the economy and further jeopardize the efforts of the present administration of President Bola Ahmed Tinubu at repositioning the economy for growth. MAN also extends its solidarity and hearty felicitation to the family and colleagues of the Managing Director over the release.

“The association remains concerned about the safety and well-being of its members and will continue to collaborate with authorities to address security challenges facing the operators in the manufacturing sector in particular and the nation in general,” he said.