MAN in limbo as diesel price surges to N290/litre
The Manufacturers Association of Nigeria (MAN) seems to be in serious debacle as the price of a litre of Automotive Gas Oil, also known as diesel, has maintained an upward trend. Currently the price stands at as high of N290…
Blessing in disguise: At last border closure raised MPV by 41.8%
No doubt, the hues and cries that greeted last year’s total closure of land borders may have metamorphosed into blessing as the nation’s Manufacturers’ Production Value (MPV) has shut up by 41.8%. This was revealed in the Manufacturers Association of…
MAN reveals how border closure ebbed Nigeria’s trade with ECOWAS to 7%
The Acting Director General of Manufacturers Association of Nigeria (MAN), Ambrose Oruche has released a report that showed that the on-going partial border closure has resulted in a decline in the volume of trade within Economic Community of West African…
MAN, LCCI rue 2.55% growth, identify three drawbacks of GDP in Nigeria
Even though Nigerian government officials and a section of financial analysts are upbeat that Nigerian economy has overtaken South Africa considering its current technical recession status, the leadership of both the Manufacturers Association of Nigeria (MAN) and the Lagos Chamber…
AfCFTA: MAN lists five key technical concerns for Nigeria’s gainful participation
Ahead of July, 2020 takeoff of the African Continental Free Trade Area (AfCFTA), the Manufacturers Association of Nigeria (MAN) has listed five key factors that will effectively determine Nigeria’s involvement in the first instance. Recall that President Muhammadu Buhari had…
Continued border closure killing manufacturing in Nigeria—MAN cries out
Contrary to the recent contestable claims that border closure has shut up import activities at Nigerian ports to the extent seaports now records as high as N11bn revenue daily, the Manufacturers Association of Nigeria (MAN) has decried that the continued…
‘It’s either FG comes up with new gas pricing or manufacturers may pack up’
In a meeting of Gas Group of the Manufacturers Association of Nigeria (MAN) in Lagos, has expressed deep concerns over the high price of gas offered to manufacturers in the country, saying sooner than later, many production lines will pack…
Bring credible investors to Imo, Uzodinma charges MAN Imo Chapter
Ahead of his determination to provide investment enabling environment, Imo State Governor, Senator Hope Uzodinma has called on members of the Imo Chapter of the Manufacturers Association of Nigeria (MAN) to lure credible investors to the state. Addressing the officials…
Power, multiple taxation’ll frustrate Nigeria’s major AfCFTA players, products
Whereas the services, non-oil export and manufacturing sectors of the economy have been identified as key sectors that will benefit under the African Continental Free Trade Area (AfCFTA) regime coming sooner, issues of power and multiple taxation will kill Nigeria’s…
Released Q3 Manufacturers’ CEOs Confidence Index show stifling productivity
Contrary to claims of the Central Bank of Nigeria (CBN), latest released Nigerian Manufacturers’ CEOs Confidence Index for the third quarter of 2019, has indicated lending rates by commercial banks have remained at double digits. The report also showed that…
