Manufacturers Spent N119bn To Generate Power In Nine Years
Expenditure by manufacturers on alternative energy sources (excluding power from distribution companies) jumped by 82 per cent, from N25bn in 2014 to N144bn in 2022.
This is according to data collated from the annual and bi-annual reports...
MAN Tasks Exporters On AfCFTA As Nigeria's Absence Sparks Reaction
The Manufacturers Association of Nigeria Export Promotion Group (MANEG), a subgroup of the Manufacturers Association of Nigeria (MAN), has urged exporters in the country to fully participate in the African Continental Free Trade Agreement (AfCFTA)...
Foreign Investments in Manufacturing Falls by 35%, Says NBS
Foreign investments to the manufacturing sector dropped by 35 per cent from $392.5m in the fourth quarter of 2022 to $256m in the first quarter of 2022, the National Bureau of Statistics’ capital importation report for...
Rate Hike: MAN, NECA Warn CBN on Imminent Recession, Higher Prices
The Manufacturers Association of Nigeria (MAN) and the Nigeria Employers’ Consultative Association (NECA) have said the recent increase of the Monetary Policy Rate by the Central Bank of Nigeria will compound the imminent recession...
MAN, Others Reject FG’s Excise Tax Hike
The Organised Private Sector of Nigeria comprising the Manufacturers Association of Nigeria (MAN), the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), the Nigeria Employers’ Consultative Association (NECA), the Nigerian Association of Small Scale Industries...
Adverse Effects on Manufacturers as GDP Growth Declines - MAN
The Manufacturing Association of Nigeria(MAN) is foreseeing a situation where more operators in the manufacturing sector would close down and create more shock in the economy.
The director general (DG) of MAN, Segun Ajayi-Kadir, observed that,...
