Manufacturers Push for DisCos Review Amidst Proposed Tariff Hike
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to review the performance of electricity distribution companies in light of their investment in distribution infrastructure, following reports of a planned increase in electricity...
Inflation: Unsold Goods Rise N1.4trn in 2024 - MAN
The Manufacturers Association of Nigeria says high inflation and reduced purchasing power of consumers led to more than N1.4 trillion unsold goods by manufacturers in 2024.
MAN's President Francis Meshioye disclosed this yesterday, in Lagos, at the...
Naira Depreciation: 16 Major Firms Lost N792bn in One Year- MAN
The Manufacturers Association of Nigeria, MAN, yesterday said that 16 major manufacturing firms incurred cumulative losses amounting to N792 billion between 2023 and 2024.
Also, Chairman, Ogun State Manufacturers Association of Nigeria, MAN, Mr. George...
Manufacturing Grows by 1.28% – NBS
The manufacturing sector grew by 1.28 per cent year-on-year in the second quarter of the year, according to the Gross Domestic Product report of the National Bureau of Statistics (NBS) released on Monday.
The sector grew at a slower pace...
MPR Hike: MAN Begs FG to Speed up N75bn, N1trn Loans Disbursement
The Manufacturers Association of Nigeria (MAN) has called on the federal government to expedite actions on the disbursement of the N75 billion and the recently announced N1trillion intervention loans for the manufacturing sector...
Manufactured Goods Imports Surge by 139% to N5.74trn
The importation of manufactured goods into Nigeria surged astronomically by 139 per cent, year-on-year (YoY), to N5.4 trillion in the first quarter of 2024 (Q1’24) from N2.40 trillion in the corresponding period of 2023 (Q1’23).
Stakeholders have attributed...
