Manufacturing Sector's GDP Contribution Drops in Q3'24   Nigeria's manufacturing sector experienced a decline in its contribution to the country's GDP in Q3 2024, according to a report by the Manufacturers Association of Nigeria (MAN). MAN in its Quarterly Economic Report for 3rd Quarter of 2024, also...

We Lost N1.5trn To FX Crisis In Six Months – MAN The Manufacturers Association of Nigeria (MAN) has said that its members have lost at least N1.5tn in the last six months to forex-related transactions. The Director-General of MAN, Segun Ajayi-Kadir, made the disclosure in an...

Manufacturers Dismiss 3,567 Workers in H1, 2023 – MAN No fewer than 3,567 jobs were lost in the manufacturing sector in the first half of 2023 according to figures obtained from the Manufacturers Association of Nigeria (MAN). MAN disclosed this in its half yearly review of...

Manufacturers Lose N10.1trn Annually to Power Crisis, Says MAN   The Manufacturers Association of Nigeria (MAN) says the country’s shortage of electricity supply has been identified as a hindrance to the profitability of manufacturers with an annual economic loss valued at about N10.1tn, about two per...

MAN Says Carbonated Drink Tax Affected Manufacturers In 2022   The Manufacturers Association of Nigeria (MAN) has said that a major setback that plagued the productive sector in 2022 was the introduction of an excise duty of N10 per litre on all non-alcoholic, carbonated and sweetened...

MAN Urges Nigerians to Patronise Local Goods  The Manufacturers Association of Nigeria (MAN) has urged Nigerians to patronise local goods for the economy to grow, create jobs and increase contribution to government revenue. MAN emphasised that the manufacturing sector must be supported to scale production through...