By Ige Adekunle Sango-Ota (Ogun), May 26,2021 The Manufacturers Association of Nigeria (MAN) has advised the Central Bank of Nigeria (CBN) to provide foreign exchange for manufacturers to boost their productivity. Dr Wale Adegbite, a former Chairman of MAN, Ogun Chapter, gave the advice in an interview with journalists
Good morning! Here is today’s summary from Nigerian Newspapers: 1. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) said it again
Mira Mehta is the CEO of Tomato Jos in Kaduna State. The firm has received $10m (N4 billion) worth of investment. Ms Mehta says Nigeria needs infrastructure to boost agriculture. Aside from tomatoes, she grows corn and wheat. In this episode of our Women in Agriculture, she shares her experience on how she engages
By Rukayat Moisemhe Lagos, May 24, 2021 The Manufacturers Association of Nigeria (MAN) says the moderate growth in the nation’s Gross Domestic Product (GDP) output calls for more deliberate actions by government that would drive the growth further in the remaining quarters of 2021. MAN’s Director-General, Mr Segun
By Dike Onwuamaeze
The Manufacturers Association of Nigeria (MAN) and the Lagos Chamber of Commerce and Industry (LCCI) have expressed excitement over the rebound of the manufacturing sector in the first quarter of 2021, which recorded a growth rate that was higher than its pre-COVID-19 performance.
Data released by the National Bureau of Statistics (NBS) on Sunday showed that the Gross Domestic Product (GDP) grew by 0.51 per cent (year-on-year) in the first quarter of 2021, (Q1 2021) compared with the 0.11 per cent recorded in the fourth quarter (Q4) 2020.
The data also showed that the manufacturing sector recorded a 3.40 per cent growth rate in Q1 2021 after recording negative growth in the Q4 of 2020.