Manufacturers Association of Nigeria

Manufacturers Association of Nigeria (MAN) has welcomed the six months waiver of Value-added Tax (VAT) on diesel granted by the Federal Government.

MAN Kicks Against NPA’s 15% Tariff Hike

The Manufacturers Association of Nigeria (MAN) has bemoaned the proposed 15 percent increase in tariff by the Nigerian Ports Authority (NPA). The NPA announced on 6 February that it has obtained authorisation to raise its charges by 15% in order to improve

February 10, 2025

Business

MAN Laments Impact Of High Energy Cost, Naira Depreciation On Business

Manufacturers Association of Nigeria (MAN) has lamented the impact of high energy cost, depreciation of naira and inflation on their business operations. Inflation rate has been on a steady surge reaching a 28-year high of 34.8 per cent in December 2024. The

January 23, 2025

Business·News

Manufacturers Seek Urgent Action As N2trn Spent On Raw Material Imports Outpaces Exports

Data from the National Bureau of Statistics indicates that manufacturers in Nigeria spent N2 trillion on importing raw materials for production in the first nine months of 2023. The figures reveal a concerning trend with expenditures rising from N555.4bn in the first

January 19, 2024

Foreign Investors Capitalize On Nigeria’s Manufacturing Potential - Expert

Business

How Naira Redesign, Forex crisis, Fuel Subsidy Removal, Others Crippled Manufacturing Growth In Nigeria

The manufacturing sector in Nigeria faced an arduous 2023 due to a culmination of challenges stemming from government policies, as highlighted by the Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir.

January 9, 2024

News

Nigerian Manufacturers In Dire Straits As Naira Dips By 38.9% In 3 Months

Amidst the persistent decline of the naira against the dollar, manufacturers and members of the organised private sector express deep concerns over the detrimental effects on their operations. According to findings by Prime Business Africa, the naira has depreciated by 38.9 per

January 8, 2024

Business

Nigerian Manufacturers Foresee Challenging Start To 2024, Seek Govt Intervention On Forex Backlog

The Manufacturers Association of Nigeria (MAN) has painted a cautious outlook for 2024, projecting a tough initial six months for the industry.

January 3, 2024

Business

Investment In Nigerian Manufacturing Sector Drops By N368bn In 8 Years – Report

Economic reports from the Manufacturers Association of Nigeria (MAN) reveal a downturn in investments within Nigeria's manufacturing sector, plummeting by N367.79 billion between 2014 and 2022.

December 22, 2023

EFCC's Invasion Of Dangote Group Office May Scare Away Potential Foreign Investors - MAN DG

Business

GSK, P&G Exit: Nigerians Should Worry More About Impact Of Heavy Import On Economy – MAN DG

As reactions trail the recent decision of some foreign companies to stop production in Nigeria and resort to import, there are concerns that it would have a more long-term impact on the economy.

December 11, 2023

Tinubu Explains Why Nigeria Stopped Exporting Raw Gold, Lithium, Other Minerals

Business

Manufacturers Criticise Nigerian Gov’t For Putting N70trn Debt Burden On Them

The Manufacturers Association of Nigeria (MAN) said the high taxes imposed on the sector is the Federal Government’s attempt to shift the responsibility of repaying FG’s debt to manufacturers. According to the first quarter (Q1) Manufacturers CEO Confidence Index (MCCI), the government

August 21, 2023

Business

Soft Drink Prices To Rise, Jobs At Risk Over FG’s 20% Tax, As Producers Lament

The Manufacturers Association of Nigeria (MAN) has warned that Nigerians will be affected by the proposed 20 per cent Ad-valorem Excise Tax on non-alcoholic beverages. According to the association, companies will have to downsize their workforce and also pass on the cost

November 22, 2022

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MAN Kicks Against NPA’s 15% Tariff Hike

MAN Laments Impact Of High Energy Cost, Naira Depreciation On Business

Manufacturers Seek Urgent Action As N2trn Spent On Raw Material Imports Outpaces Exports

How Naira Redesign, Forex crisis, Fuel Subsidy Removal, Others Crippled Manufacturing Growth In Nigeria

Nigerian Manufacturers In Dire Straits As Naira Dips By 38.9% In 3 Months

Nigerian Manufacturers Foresee Challenging Start To 2024, Seek Govt Intervention On Forex Backlog

Investment In Nigerian Manufacturing Sector Drops By N368bn In 8 Years – Report

GSK, P&G Exit: Nigerians Should Worry More About Impact Of Heavy Import On Economy – MAN DG

Manufacturers Criticise Nigerian Gov’t For Putting N70trn Debt Burden On Them

Soft Drink Prices To Rise, Jobs At Risk Over FG’s 20% Tax, As Producers Lament

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