HomeTagsMAN

Tag: MAN

$3bn Repairs: MAN, Marketers Call On FG to Privatise Refineries

$3bn Repairs: MAN, Marketers Call On FG to Privatise Refineries The Manufacturers Association of Nigeria has said the Port Harcourt, Warri, and Kaduna refineries are a drain on the country’s economy, calling on the Federal Government to sell the facilities. This comes as crude refiners and...

Cost of Imported Materials Surge by 118% in 2024 – MAN

The cost of imported raw materials surged by 118 per cent to N6.64 trillion in 2024 alone due to the depreciation of the exchange rate, Manufacturers Association of Nigeria (MAN) has disclosed.

Manufacturers Demand Presidency, NASS to Patronise made-in-Nigeria Goods

Manufacturers Demand Presidency, NASS to Patronise made-in-Nigeria Goods The Manufacturers Association of Nigeria (MAN) yesterday said the presidency, National Assembly and the government uniformed agencies like military and police must patronise made-in-Nigeria materials following the presidential policy on the local content tagged Nigeria First Policy. Economic...

MAN Opposes 4% FOB Levy Reintroduction

MAN Opposes 4% FOB Levy Reintroduction The Manufacturers Association of Nigeria (MAN) has opposed plans by the Nigeria Customs Service to re-introduce the 4% Free-on-Board Levy. Thee federal government had in February suspended the levy following a stiff resistance from the stakeholders. The customs service said the...

MAN Reports 35% Drop in Manufacturing Sector Investments

MAN Reports 35% Drop in Manufacturing Sector Investments   A report by the Manufacturers Association of Nigeria (MAN) has revealed that investments in the manufacturing sector contracted by 35.3 per cent in 2024. The sector endured a sharp contraction in real investment in the past year, as...

MAN Records N2tn Unsold Finished Goods

The Manufacturers Association of Nigeria (MAN) has reported a rise in the amount of unsold finished goods in 2024.