Manufacturers record N1.8trn unsold goods as demand slumps
Despite signs of improving macroeconomic indicators published by the Federal Government, the latest financial results of Nigeria’s manufacturing sector have indicated that significant pressures persist.
Manufacturers relocate from Delta State to Edo, cite reforms
The Bayelsa Government on Friday imposed a curfew on Twon Brass in the Brass Local Government Area of the state, where three were killed on Aug. 15.
Ease of Doing Business : Manufacturers laud Obaseki’s reform initiatives, back investment in infrastructure
Manufacturers on Tuesday in Benin City, the Edo State capital, lauded the ongoing reform initiatives of the Governor Godwin Obaseki-led administration and pledged their support for the state government.
Manufacturers seek further reduction in Lagos Land Use Charge
Manufacturers under the aegis of Manufacturers Association of Nigeria, MAN, Ikeja branch, have called on the Lagos State government to further reduce the rates chargeable in the 2018 Land Use Charge, which came into effect in March this year.
Utilisation of local raw materials hits 63% in 2017 — MAN
The Manufacturers Association of Nigeria (MAN) said utilisation of local raw materials in the country has steadily increased over the past three years, hitting 63.21 percent in 2017, due to increasing government support for backward integration.
Four manufacturers intensify competition for deep fryer market
FOUR electronic and home appliances manufacturers have stepped up efforts to increase their share of the Deep Fryer segment of the home appliances market. The manufacturers are Mikachi, Life’s Good, LG, Samsung and Panasonic.
Manufacturers seek downward review of Lagos Environmental Devpt. Levy
Manufacturers under the aegis of Manufacturers Association of Nigeria, MAN, Ikeja branch has urged the Lagos State government to review downward the over 150 percent increment on the Environmental Development Levy and Petroleum Permit payable to Lagos State Environmental Protection Agency, LASEPA.
Any hope for vehicle dealerships, manufacturers in Nigeria?
The persistent decline in sales volume of new vehicles year-on-year could prompt fresh round of rationalization and unprecedented upsurge in the price of new automobiles, stakeholders warned.
Give long-term loans to manufacturers, MAN urges commercial banks
Mr Wale Adegbite, Chairman, Manufacturers Association of Nigeria (MAN), Ogun Chapter, on Saturday urged commercial banks to give long-term loans to manufacturers to grow the nation’s Gross Domestic Product.
Experts advise Nigerian food manufacturers on management
Food manufacturers have been advised to focus on the growth of business by monitoring its annual growth rather than focusing on fortification only. This advise was given during the TechnoServe day, in commemoration of the 41st conference of Nigerian Institute of Food Science and Technology.
Manufacturers advocate special export fund
Private sector operators have called on the Federal Government to create a special intervention fund for exporting companies to drive the non-oil export imperative of the government and also boost the economy.
