LAGOS MARCH 6TH (NEWSRANGERS)-The Manufacturers Association of Nigeria has said that 767 manufacturers shut down operations while 335 became distressed in 2023. This came against the backdrop of exchange rate volatility, rising inflation and other economic challenges that have worsened the investment climate. MAN stated this in a statement in which it condemned the recently…
LAGOS MAY 30TH (NEWSRANGERS)-Reactions yesterday trailed President Bola Tinubu’s resolve to remove petrol subsidy and unify forex rates, as the Nigeria Labour Congress, NLC, said the President was merely flying a kite and would not have the courage to do it. However, the Manufacturers Association of Nigeria, MAN; the Nigerian Chamber of Commerce, Industry, Mines…
LAGOS FEBRUARY 19TH (NEWSRANGERS)-The Manufacturers Association of Nigeria has said that the continued closure of the country’s land borders is unsustainable as many genuine businesses are suffering, and some are at the verge of shutting down. The Director- General, MAN, Segun Ajayi-Kadir, said this on Tuesday at a ‘Stakeholders forum on impact of border closure…
LAGOS SEPTEMBER 18TH (NEWSRANGERS)-The Manufacturers Association of Nigeria (MAN) has lauded the constitution of an Economic Advisory Council (EAC) by President Muhammadu Buhari. In a statement on Tuesday by its Director-General, Segun Ajayi-Kadir, MAN described the news of the formation of the council as “timely and commendable”. President Buhari had set up the Council chaired…