Manufacturers Association of Nigeria Archives

Manufacturers warn price hikes to persist without solutions

How self-generated power costs manufacturers N144.5bn in one year

With the cost of self-generated power in the industry skyrocketing to N144.5 billion in 2022, up 87.13 percent from N77.22 billion in 2021, the near collapse of the public energy supply system has made doing business in Nigeria’s manufacturing sector more difficult. According to Vanguard, findings suggest that the problem might have gotten worse this […]

bfatoyepdnlimited-com
19th June 2023
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Energy

Manufacturers spend N425bn on alternative power

Manufacturers spent N425 billion on alternative energy sources such as gas, low-pour fuel oil, diesel, and petrol between 2017 and 2021, according to The PUNCH’s computation of energy expenditure of members of the Manufacturers Association of Nigeria, MAN, within the period. This does not include manufacturers’ expenditure on power coming from electricity distribution companies, popularly […]

agencyreport
31st May 2022
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Trapped funds: CBN to give foreign airlines $150m

Economy

Massive job cut looms as dollar hits N590

The lingering foreign exchange scarcity in the country has continued to worsen even as the exchange rate on the parallel market is inching towards N590/$1, our correspondent has learnt. The development may lead to massive job loss in the manufacturing industry, among other sectors, according to the Manufacturers Association of Nigeria. The development comes over […]

agencyreport
23rd March 2022
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386 Views

Cyber-attacks threaten public trust in financial system, BoE,

Union urges reps to reject proposed soft drinks

Shell to exit Nigerian gas distribution business with

NCC begins device verification to curb counterfeit phones

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Cyber-attacks threaten public trust in financial system, BoE, IMF

Union urges reps to reject proposed soft drinks tax

Kenyan court lifts restriction on Dangote’s $16bn refinery

Saudi man charged over hidden device at OpenAI office

Tag: Manufacturers Association of Nigeria

How self-generated power costs manufacturers N144.5bn in one year

Manufacturers spend N425bn on alternative power

Massive job cut looms as dollar hits N590

Cyber-attacks threaten public trust in financial system, BoE,.

Union urges reps to reject proposed soft drinks.

Kenyan court lifts restriction on Dangote’s $16bn refinery

Saudi man charged over hidden device at OpenAI.

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