Manufacturing Industry Archives

Nigeria’s manufacturing sector plagued by N14trn deficit — Report

Nigeria’s manufacturing sector has sunk deeper into deficit, with imports of manufactured goods outpacing exports by over N14 trillion in the first half of 2025. According to the National Bureau of Statistics, the value of manufactured goods imported between January and June stood at N15.39 trillion, while exports during the same period amounted to just […]

aadelekepdnlimited-com
19th September 2025
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News

Don, CITN advocate taxes for economic development

Bisola David The Rector of The Federal Polytechnic Ilaro, Dr Akinde Mukail, has stated that Nigeria must turn inward and use taxation to stabilize the economy, close the infrastructure gap, fund education, and generate jobs. According to The Punch, Mukail made the announcement on Thursday at the 49th Induction Ceremony of the Chartered Institute of […]

aomenyepdnlimited-com
8th December 2023
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218 Views

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Nigeria is finished if manufacturing sector dies, MAN warns

The Manufacturers Association of Nigeria has criticized the Federal Government’s decision to lift a ban on the importation of 43 specific items into the country, a move previously restricted by the Central Bank of Nigeria for eight years. These items encompass essentials such as rice, cement, margarine, palm kernel, palm oil products, vegetable […]

oamudipepdnlimited-com
26th November 2023
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243 Views

Business

Manufacturing sector’s GDP contribution falls to N1.49trn

In the second quarter ended June 2023, the manufacturing sector contributed N1.5 trillion to Nigeria’s GDP in real terms. This marks a 17.24 percent decrease from the N1.8 trillion contribution recorded in the first quarter of the year. According to the Nigerian Bureau of Statistics, the country’s GDP expanded by 2.51% in Q2’23, compared to […]

bfatoyepdnlimited-com
29th August 2023
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281 Views

How manufactured goods imports gulp $6.7bn in six months – Report

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Cash crunch: Manufacturers lament unsold goods worth N470bn

The bi-annual economic review of the Manufacturers Association of Nigeria shows that the drop in purchasing power of Nigerians for Nigerian manufactured goods was worsened by the cash crunch that hit the economy in the first quarter of 2023. According to Vanguard, analysis of the report shows that the rise in inventory is despite a […]

bfatoyepdnlimited-com
22nd May 2023
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211 Views

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FG flags off Borno roads to improve trade, security

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Tag: Manufacturing Industry

Nigeria’s manufacturing sector plagued by N14trn deficit — Report

Don, CITN advocate taxes for economic development

Nigeria is finished if manufacturing sector dies, MAN warns

Manufacturing sector’s GDP contribution falls to N1.49trn

Cash crunch: Manufacturers lament unsold goods worth N470bn

FG flags off Borno roads to improve trade,.

Discos lose 1.13 million customers despite record ₦2.32tn.

Aquaculture investments can create 500,000 jobs, cut $1bn.

South Africa reaffirms no compensation for Nigerians’ abandoned.

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