A vast majority of Nigerian manufacturers have expressed concerns about the prevailing operating environment, noting that multiple taxation and over-regulation are hurting the productivity of their enterprises.
Despite improved confidence in the economy as shown in the latest Manufacturers Confidence Index (MCCI) by local manufacturers, there are concerns about the unabating liquidity crisis in the productive sector...
Notwithstanding the challenges of access to foreign exchange (forex) for importation of raw materials, local manufacturers have stated that a favourable exchange regime...
Despite the ability to take millions of people out of poverty by way of providing employment opportunities while also creating wealth, the President, Manufacturers Association of Nigeria (MAN), Mansur Ahmed, has said the nation’s manufacturing sector is gasping for breath.
26 Sep 2020
An Abuja-based hospitality firm, Masterminds Catering and Culinary Institute (MCCI), has expressed readiness to train over 500 persons within two years.
20 May 2020
Nigerian manufacturers have urged the Federal Government to involve the private sector in the crafting and implementation of adjustment frameworks as part of efforts to deepen...
17 Dec 2019
Despite increased access to the ports and local sourcing of raw materials as a result of government’s backward integration policy
28 Aug 2019
One of the key pillars of Nigeria’s Industrial Revolution Plan (NIRP) is the promotion of Resource-Based Industrialization. This is a strategy that could bring manufacturing back to the path of sustainable growth.
7 Aug 2019
Despite government’s ease of doing business initiative, local manufacturers have decried poor pace of productivity as a result of lingering challenges not limited...
2 Aug 2019
Despite the improvement in the nation’s manufacturing PMI in July, according to the Central Bank of Nigeria’s (CBN) latest report, local manufacturers’ confidence in the economy for the second quarter (Q2), continued to wane.
29 May 2019
Four years since the President Muhammadu Buhari administration assumed office, operators in the real sector, especially manufacturers, continue to complain about the same challenges, with many of them gradually losing confidence in the economy. With another opportunity to address the situation, and review policies, operators await policies that can change their fortunes. FEMI ADEKOYA writes.…