manufacturers association of nigeria

  1. Petrol Prices Climb to ₦855: How This Affects Small Businesses and Consumers

    Nigeria Petrol Prices Climb to ₦855: How This Affects Small Businesses and Consumers

    The Manufacturers Association of Nigeria warns that the recent petrol price hike from ₦568 to ₦855 per litre may lead to rising inflation, increasing costs for transportation and goods. This could particularly impact small and medium-sized enterprises, reducing consumer demand and threatening...
  2. Manufacturers Sound Alarm on Impending Price Escalations Amid Naira Depreciation

    Nigeria Manufacturers Sound Alarm on Impending Price Escalations Amid Naira Depreciation

    Manufacturers in Nigeria are bracing for a potential surge in commodity prices as the nation's currency, the naira, continues its downward spiral against the United States dollar. Since the removal of the rate cap by the Central Bank of Nigeria in June 2023, the naira has witnessed a significant...
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    Business No foreign investor can make Ajaokuta Steel Complex work – Dr. Kamoru Yusuf – Vanguard News

    https://www.vanguardngr.com/2021/01/no-foreign-investor-can-make-ajaokuta-steel-complex-work-dr-kamoru-yusuf/
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    Business Inflation, forex scarcity worsens woes in manufacturing sector – Vanguard News

    https://www.vanguardngr.com/2020/09/inflation-forex-scarcity-worsens-woes-in-manufacturing-sector/
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    Business Forex squeeze hits manufacturing sector – New Telegraph

    https://www.newtelegraphng.com/forex-squeeze-hits-manufacturing-sector/
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    Business Manufacturers spent 38% production cost on power in 2019 – Vanguard News

    https://www.vanguardngr.com/2020/09/manufacturers-spent-38-production-cost-on-power-in-2019/
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    Business Nigeria’s manufacturers hold N420b of unsold products – P.M. News

    https://www.pmnewsnigeria.com/2020/05/31/nigerias-manufacturers-hold-n420b-of-unsold-products/
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    Business Dollar shortage Pushing Us to The Brink say Nigerian Manufacturers – Businessday NG

    https://businessday.ng/lead-story/article/dollar-shortage-pushing-us-to-the-brink-say-nigerian-manufacturers/
  9. Nigeria Business News

    Business ‘Why FG must stop used cars from China’ – The Guardian Nigeria News

    The Federal Government has been urged to halt the dumping of used cars from China to save the local auto industry. The Chairman, Motor Vehicles & Miscellaneous Assembly Sectoral Group of the Manufacturers Association of Nigeria (MAN), Dr. David … Read more via The Guardian Nigeria News –...
  10. Nigeria Business News

    Business IMF ON TAX IN NIGERIA: Expand tax net rather than tax rate, MAN, LCCI, other stakeholders tell FG – Vanguard News

    Manufacturers Association of Nigeria, MAN, Lagos Chamber of Commerce & Industry, LCCI, and other stakeholders in the private sector have called on the Federal Government to expand tax net and jettison any advice to increase Value Added Tax, … Read more via Vanguard News –...
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    Business NACCIMA, MAN call for rate cut to steer 37m SMEs – BusinessDay

    Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the Manufacturers Association of Nigeria (MAN) are asking the government to cut interest rate in a way that small businesses can access funding. They say micro, small and medium enterprises (MSMEs)...
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    Business Economic challenges not over, says MAN president – Punch Newspapers

    Notwithstanding the growth of the manufacturing sector in 2017, the President, Manufacturers Association of Nigeria, Dr Frank Jacobs, has stated that the economic challenges facing the country are not yet over, as the manufacturing sector is still on the brink of recession. Jacobs said the …...
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    Business CBN Removes 36 Sub-items From Forex Ineligibility List – MAN

    The Central Bank of Nigeria (CBN) has expunged 36 sub-items from the broad list of items that were banned from accessing forex from the apex bank’s official window since 2015. The president of the Manufacturers Association of Nigeria (MAN), Frank Udemba-Jacobs, disclosed this at the annual...
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    Business 272 Firms Shut Down Operation in 1 Year - Manufacturers

    The current economic hardship has led to the closure or total collapse of 272 factories across the country, the association of manufacturers said yesterday. The Executive Secretary of the Nigerian Association of Small & Medium Enterprises (NASME), Eke Ubiji, explained how in 11 States 272...
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