A series of unfavourable factors are contributing to the stunted growth experienced by the manufacturing sector. Specifically, FX scarcity, naira depreciation, high-interest rates and cost of raw materials, multiple taxations from state and non-state actors...
The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, said that the seventh edition of the Nigerian Manufacturing and Equipment Expo (NME Expo) and the Nigeria Raw Materials Exposition ...
With Africa being regarded as the world’s fastest-growing continental economy and its business-to-business market fundamental to this boom, B2B expenditure in the continent’s manufacturing landscape is projected to reach $666.3 billion by 2030
The Organised Private Sector of Nigeria (OPSN) has called on the Federal Government and labour unions to work hard to avert the looming disruption of socio-economic activities in the country.
The Director General of the Manufacturing Association of Nigeria (MAN), Mr. Segun Ajayi-Kadir, alongside other executives, last week visited the factory of H&Y Furniture Manufacturers in Ikorodu area of Lagos State. The executives, who were conducted on the tour of the factory by the Chief Executive Officer, Mrs. Feyisola Abiru and her management team, applauded…
Stakeholders in the manufacturing and industrial sector have called on the new Minister of Industry, Trade, and Investment, Dr Doris Uzoka-Anite, to actively and sincerely engage them to give life to the ailing industries across the country.....
• Poor infrastructure, FX scarcity, credit crunch are pain points The Manufacturers Association of Nigeria (MAN) has expressed worry over the country’s bloated debt profile, saying as of December 2022 had increased by 17 percent from the record of December 2021. Director-General, MAN, Segun Ajayi-Kadir, lamented that in the absence of commensurate infrastructural development and…
Just last week, President Bola Tinubu suspended some tax measures, to address concerns of multiple and over-taxation raised by manufacturers and stakeholders, which they said is suffocating the productive sector.
As Nigerian manufacturers and businesses head for the I & E window for foreign exchange, age-long problems that have threatened its possibility over time, lurk in the shadows if not properly addressed.
The Manufacturers Association of Nigeria (MAN) has commended President Bola Tinubu’s industrial policy to utilise the full range of fiscal measures to promote domestic manufacturing and lessen import dependency.
MAN’s Director General, Segun Ajayi-Kadir, has said that the increase in excise tax for 2023 and 2024 as provisioned in the said 2023 fiscal policy, came as a shock to them because, as a major stakeholder, MAN had actively participated in the deliberations on the proposal and presented ...
With the local manufacturing sector yet to recover from the impact of several policies by the current administration, the Manufacturers Association of Nigeria (MAN) has unveiled a set of deliverables the incoming president should accomplish within 100 days of inauguration.