MAN Faults Government Policies for Declining Manufacturing Growth The Manufacturers Association of Nigeria (MAN) has blamed the Federal Government’s inconsistent policies for the declining growth of the nation’s manufacturing sector. According to MAN, the declining growth rate is not unconnected to the policies that are inimical...

LCCI, MAN, Others Kick As CBN Raises Lending Rate To 13%   The Lagos Chamber of Commerce and Industry (LCCI), Manufacturers Association of Nigeria (MAN) and the Nigerian-American Chamber of Commerce (NACC) have criticised the hiking of the monetary policy rate by the Central Bank of...

Petrol Price Hike Inevitable, Says MAN       The Manufacturers Association of Nigeria says increase in the price of petrol is inevitable. The Director General of MAN, Segun Ajayi-Kadir, stated that regardless of the arguments around subsidy removal and the potential effect on the cost of production and...

COVID-19, Forex Forced 415 Firms Out Of Production – MAN       The foreign exchange restriction by the Central Bank of Nigeria and the COVID-19 pandemic forced 415 companies to stop manufacturing in the last one year, the Manufacturers Association of Nigeria has said. The Director-General, MAN, Mr...

MAN Seeks Strict Penalties For Fake Products Importers         The President, Manufacturers Association of Nigeria, Mansur Ahmed, has called on the Standards Organisation of Nigeria to introduce strict penalties for dealers in fake and substandard goods in the country. The penalties, according to him, will serve as...

Continued Border Closure Counterproductive – MAN President       The Manufacturers Association of Nigeria has said the continued closure of the nation’s land borders is counterproductive to the Nigerian economy. “There is a definite urgency to reopen the borders and re-establish that the normal protocol and normal trade...