NIGERIA – Manufacturers Association of Nigeria (MAN) has appointed Chief Patrick Anegbe as its new chairman of its Food, Beverage and Tobacco (FBT) sectoral group.
Anegbe will hold the new office alongside his position as the President, Association of Food, Beverages and Tobacco Employers as well as the Chairman, Blenders and Distillers Association of Nigeria, a sub-sectoral group of MAN.
The new Food, Beverage and Tobacco chairman, is presently the Managing Director/Chief Executive Officer, Intercontinental Distillers Limited, a renowned distillery company in the food and beverage industry.
During his tenure as the MD/CEO of Intercontinental Distillers Limited, the company has witnessed a tremendous turnaround and has grown at the fastest pace both in turnover, profitability and brand portfolio than any other period since inception
Anegbe is also a member of NAFDAC Governing Council and a Knight of Saint Mulumba (KSM).
Anegbe is a graduate of Auchi Polytechnic, Edo State, where he obtained a Higher National Diploma (HND), in Electrical Engineering, Power/Machines options.
He also holds a Masters Degree in Business Administration (MBA) from Lagos State University (LASU), Ojo, Lagos State.
He is an alumnus of Lagos Business School, Pan African University; IESE Business School; Barcelona; Spain; Harvard Law School, USA; University of Chicago Booth School of Business, USA; IMD Business School, Brazil among others.
Improving Nigerian food Industry
The FBT is a major player in Nigeria’s food industry and has been challenging the Federal government to address challenges obstructing the growth of the food industry.
The arm has cited multiple taxation and levies, misalignment of Value Added Tax (VAT), unlawful interception of members’ containers and high excise duty on local products as some of the challenges militating against the development of the industry.
FBT is also calling for strict vigilance, awareness creation and proactive enforcement of laws on foods, food safety and best international manufacturing practices by the regulatory agencies.
The sector maintains that development of the food sector has been one of the essential ingredients in the growth strategy of a country and addressing the challenges will further bolster growth in the economy.