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Aggressive revenue drive depresses industrial performance in Niger Delta zone

High operating expenses in some industrial zones, especially those in Rivers/Bayelsa and Cross-Rivers/Akwa-Ibom zones continue to depress manufacturing sector indices below the benchmark points, raising concerns for productivity and employment generation. ....

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Manufacturers' confidence in economy wanes over lingering problems | The Guardian Nigeria News - Nigeria and World News — Business — The Guardian Nigeria News – Nigeria and World News

Citing the adverse effect of the Consumer Price Index (CPI), continuous erosion in Naira value and difficulty in accessing foreign exchange, high cost of energy, persisting insecurity and the consequences of lingering Russian-Ukrainian war. ....

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