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MAN
The MAN has disclosed that during the period of severe naira scarcity earlier this year, cement sales dropped by a substantial 30 percent.
The Lagos State Government has called upon members of the MAN and fellow entrepreneurs to adopt Green Manufacturing practices in line with international standards.
About 63.1% of manufacturers enumerated disagreed that government capital expenditure encourages productivity in the manufacturing sector; 23.9% of those enumerated agreed, while about 13.1% were unsure.
The Manufacturers Association of Nigeria (MAN) has sounded an alarm regarding the detrimental effects of Nigeria's staggering N77 trillion public debt burden on its members.
The Nigerian Manufacturers Association revealed that Nigeria’s inflation challenges are related to the fallout of economic policy under President Bola Tinubu's administration citing the removal of fuel subsidy and the unification of the exchange rate.
The Director General of the Manufacturers Association of Nigeria (MAN) Mr. Segun Ajayi-Kadir has said hard times await Nigeria’s manufacturers for the rest of the year.
The Miners Association of Nigeria (MAN) revealed that it is ready to work with the Tinubu administration to set up a blueprint for its contributions to a mining regime that will support the economic diversification agenda.
Stakeholders at the ongoing Nigerian Oil and Gas Energy Week in Abuja have recommended subsidies for manufacturers in the country.
The Manufacturers Association of Nigeria has warned that the new electricity tariff will lead to increased costs of goods to the Nigerian consumer.
MAN said it expects import costs to rise in Nigeria, even as it predicted economic uncertainties and exchange rate volatility due to the float of the Naira.
MAN has expressed its belief that the newly signed 2023 Electricity Act will have a positive impact on the country's manufacturing sector.
The contribution of the manufacturing sector to Nigeria’s Gross Domestic Product (GDP) has stunted in the last five years.