Employers Kick Against FG’s Proposed Pension Contribution Hike   The Organised Private Sector of Nigeria (OPSN) has expressed deep concern over the recent announcement by the Director-General of the National Pension Commission (PenCom) regarding a proposed increase in mandatory pension contributions and the introduction of an...

Crude Shortage Stalling Nigerian Refineries – MAN   The inability of local refineries to secure enough Nigerian crude oil is threatening the country’s push for energy security and lower fuel costs, and setting off warning bells from manufacturers and business leaders. The Manufacturers Association of Nigeria (MAN)...

Manufacturing Credit Drops by N1.92trn as Funding Gaps Widen   The Manufacturers Association of Nigeria (MAN) has blamed the sharp decline in credit to the manufacturing sector on the Federal Government’s failure to implement the promised N1tn Manufacturing Stabilisation Fund, high lending rates, structural bureaucracy and...

The Manufacturers Association of Nigeria (MAN) has warned of mounting financial pressure after bank credit to the sector fell by ₦1.92 trillion, dropping from ₦8.53 trillion in December 2024 to ₦6.61 trillion in December 2025.

Naira-for-Crude, Tax Reforms Can Revive Industries — MAN   The Manufacturers Association of Nigeria (MAN) has said that recent government interventions, including the Naira-for-Crude initiative, the Nigeria Industrial Policy, withholding tax exemptions, expanded VAT deductibility on fixed assets and services, phased reductions in Companies Income Tax,...

Banks' Credit to Manufacturers Declines by 20% to N60.4trn   Nigerian deposit money banks disbursed a total of N60.35tn in credit to the manufacturing sector in the first nine months of 2025, a 20.44 per cent decline from the N75.86tn recorded in the corresponding period of...