Manufacturing demand dips as consumers spend 70% income on transport, energy — MAN
By Yinka Kolawole The Manufacturers Association of Nigeria (MAN) has declared that decreasing demand for manufactured products occasioned by a sharp drop in the purchasing power of consumers due to inflationary pressures led to 87.72 percent surge in unsold inventory to N2.14 trillion in 2024 from N1.14 trillion in 2023. Director General of MAN, Segun Ajayi-Kadir, […]

