Dike OnwuamaezeThe President of Lagos Chamber of Commerce and Industry (LCCI), Mr. Leye Kupoluyi, has cried out also that manufacturers, particularly Small and Medium-sized Enterprises, (SMEs) are facing excessive regulatory burdens arising from multiple registration requirements for products with identical formulations but different packaging sizes. Kupoluyi raised this concern during a press conference on the state of the economy, where he also decried the declining patronage of indigenous printing press and the fiscal regime that waved duties for imported books while slamming duties on imported printing inputs. He said: “Manufacturers, particularly small and medium-sized enterprises, have continued to face excessive regulatory burdens arising from multiple registration requirements for products with identical formulations but different packaging sizes. We call on relevant regulatory agencies to harmonize product registration requirements and adopt a risk-based approach that eliminates unnecessary duplication while maintaining product safety standards.” He said: “Frequent policy reversals and inconsistencies, particularly regarding agricultural exports and monetary policy, have continued to discourage investment within the sector.