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MAN seeks tax harmonisation, stable policies to boost manufacturing

The Manufacturers Association of Nigeria (MAN) has called for urgent tax harmonisation, improved infrastructure, reliable energy supply and a predictable regulatory environment to strengthen the country’s manufacturing sector. The appeal was made at the 41st Annual General Meeting (AGM) of the Ogun Branch of MAN in Abeokuta, with the theme: “Building a Resilient Manufacturing Sector: Surmounting […]

Nigerian manufacturers need more than macro reforms to grow —CFG Advisory

Nigeria needs a coordinated industrial growth strategy, beyond macroeconomic reforms, to unlock investment in the manufacturing sector and accelerate economic expansion. Chief Executive Officer of CFG Advisory, Mr. Tilewa Adebajo, stated this in an interview on CNBC Africa. He noted that reforms such as exchange rate liberalisation and broader macroeconomic adjustments should be regarded as the […]

PMI: Rising production costs threaten manufacturing recovery 

By Yinka kolawole Nigeria’s manufacturing sector may struggle to sustain a recovery unless persistent cost pressures are addressed, analysts have warned, despite tentative signs that business activity is beginning to stabilise. Although the Purchasing Managers’ Index (PMI) for manufacturing edged up to 50.10 in June from 49.6 in May, experts say the marginal improvement masks deeper […]

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