The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to ensure effective monitoring of the implementation of Executive Order 005, in order to enhance the nation’s manufacturing sector’s competitiveness capacity and self-reliance. The President of the association, Engr. Mansur Ahmed, gave the charge at the opening ceremony of the association’s 3-day Made-in-Nigeria […]
The Deputy Secretary General of the United Nations (UN), Dr. Amina Mohammed, has said that Nigeria has a lot to gain from successful implementation of the African Continental Free Trade Area (AfCFTA) in view of the pact’s potential to improve the quality of goods and services and increase the nation’s competitiveness both in national and […]
The Manufacturers Association of Nigeria (MAN) has described the rising general price level in the economy with the January 2021 inflation rate peaking at 16.47 percent as a threat to current efforts to revitalize the nation’s manufacturing and industrial sector and position it on the path of sustainable growth. The Director General of the association, […]
The Manufacturing Purchasing Managers’ Index (PMI) for November 2020 marginally expanded after six consecutive months of contractions. However, the non-Manufacturing PMI sustained its negative trend just as unemployment level continued its surging trend for the eighth consecutive month in the month under review. The Central Bank of Nigeria (CBN) in its just published PMI Report […]
The leadership of the Organized Private Sector under the aegis of Organized Private Sector of Nigeria (OPSN) has sought the Presidency’ explanation on the need for electricity tariff increase, particularly now at a time when the nation’s economic performance is receding and millions of poor Nigerians are trapped in poverty cycle. The OPSN comprises the […]
The Chairman of Apapa Branch of (MAN), Mr. Olukunle Obadina has described some of the government reform policies in manufacturing sector as not impacting positively on the real sector. Obadina, who spoke at the 47th Annual General Meeting (AGM) of the branch, pointed out that despite the various reforms designed to stimulate improved performance in the […]
The Manufacturers Association of Nigeria (MAN) has reported sharp decline in automotive, pulp and paper publishing, and other manufacturing sub-sectors’ capacities last year. Available statistics on the performance of the affected sectors provided by the association showed that food, beverage and tobacco grew by 57.1 per cent; textile, apparel and footwear grew by 60.02 per […]
Leading industrialists in the country have described some policies of the federal and state governments as undermining efforts by investors to boost manufacturing sector and called for an urgent review of such policies. This was one of the consensual point of views of industrialists at the 10th edition of the Manufacturers Association of Nigeria (MAN) […]
The Manufacturers Association of Nigeria (MAN) and the National Association of Nigerian Traders (NANTS) have commended the Federal Government for not signing the African Continental Free Trade Area (AfCFTA) pact. The MAN flawed the current contents of the agreement, noting that it will lead to gross unemployment in the country as most manufacturing companies would […]
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to consider a downward review the Company Income Tax (CIT) in order to enhance the capacity of manufacturers.