The Director-General of the Manufacturers Association of Nigeria (MAN), Mr Segun Ajayi-Kadir has said that the production of polypropylene by the Dangote refinery can revive Nigeria’s comatose textile industry.
The Manufacturers’ Chief Executive Officers’ Confidence Index in the fourth quarter of 2024 increased modestly by 0.5 points from 50.2 points in Q3 2024 to 50.7 points in Q4 2024.
The Director-General of the Manufacturers Association of Nigeria, Mr. Segun Ajayi-Kadir, has advised the Nigerian government against using the rebasing of the Gross Domestic Product calculation and other economic reforms to downplay the country's economic challenges.
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.
Nigerian Manufacturers have warned that the World Bank-funded phase II of the National Mass Metering Programme(NMMP) displaces local Nigerian meter producers and also negates CBN guidelines.
The MAN boss called for more forex priority to manufacturers, to enable imports that cannot be sourced locally.
