Manufacturers have appealed to Lagos State Governor, Babajide Sanwo-Olu, to order the immediate re-opening of factories sealed by the Lagos State Water Regulatory Commission (LASWARCO) over alleged refusal to pay water abstraction fees. Acting under aegis of the Manufacturers Association of Nigeria (MAN), the group, in an open message to Mr Governor, its Director-General, Segun…
The Bank of Industry (BoI) said it has disbursed N22.89 billion out of the N75 billion manufacturing sector intervention fund to 29 manufacturers across Nigeria.Its Managing Director, Dr Olasupo Olusi, made disclosed this on Tuesday in Abuja during his first interactive session with the organised private sector (OPS) streamed online.Dr Olusi also said an additional…
The capacity of Nigeria’s manufacturing sector to create jobs has continued on the decelerating pace with only 2,606 jobs created in the first half of 2024 (H1 2024), a 29.99 per cent reduction from H2 2023,according to the Manufacturers Association of Nigeria (MAN). MAN’s ‘Executive Summary’ of finding of the manufacturing sector’s survey for H1…
The Manufacturers Association of Nigeria, the Lagos Chamber of Commerce and Industry and economists on Wednesday countered the claim made by the President, Major Gen. Muhammadu Buhari, that the economy under him is better than it was in 2015. The Chairman of the Gas Group, the Manufacturers Association of Nigeria, Mr Ola Adebayo, said Buhari’s…
