MAN

FG Commits 5% Of GDP Annually To Revive Manufacturing, Targets 25% Output Share By 2035

February 23, (THEWILL) — The Federal Government has unveiled an ambitious industrial reform agenda that will see five percent of Nigeria’s Gross Domestic Product committed annually to revitalise the manufacturing sector, as part of a broader strategy to...

Manufacturers Sit On ₦1.8trn Unsold Goods As Demand Weakens

February 09, (THEWILL) — Nigeria’s manufacturing sector is facing a growing inventory overhang, with manufacturers holding an estimated ₦1.8 trillion worth of unsold goods as weak consumer demand continues to weigh on sales. Industry players say persistently high inflation has...

Manufacturers’ Optimism Faces Reality Check Amid Rising Costs, Weak Demand

October 29, (THEWILL) — Despite renewed optimism about Nigeria’s economic outlook heading into the fourth quarter of 2025, the country’s manufacturing sector continues to face steep challenges. Persistent inflation, rising production costs, foreign exchange instability, and weak consumer demand...

New Excise Tax Stamp May Raise Prices, Weaken Consumer Demand — Manufacturers Warn

October 07, (THEWILL) — Nigeria’s planned rollout of excise tax stamps on alcoholic and non-alcoholic beverages has drawn opposition from manufacturers, who warn the measure could drive up production costs, worsen inflation, and dampen consumer demand at a...

Unsold Goods Hit N2.14trn In 2024 Amid High Production Cost, Inflationary Pressures – MAN

April 22, (THEWILL) – The Manufacturers Association of Nigeria (MAN) has raised concerns over the rising stockpile of unsold finished goods in 2024,  which has hit N2.14 trillion amid surging production costs, weak consumer demand, and inflationary pressures. The Director-General...

Amorim Confirmed As New Man Utd Manager

November 01, (THEWILL) – Manchester United have officially appointed Ruben Amorim as their new manager, with the 39-year-old Portuguese coach signing a contract until 2027. The club finalised the deal with Sporting CP by paying a €10 million termination...

MAN Asks FG To Halt Implementation Of Expatriate Levy, Says Over 700 Manufacturing Companies Shut Down In 2023

March 06, (THE WILL)- About 767 manufacturing companies shut down operations while 335 became distressed in 2023, the Manufacturers Association of Nigeria (MAN) said on Tuesday. The association, in a statement signed by its Director General, Segun Ajayi-Kadir, cautioned the...

MAN Commissions Nigerian-Made Vehicles At IVM, Okays Gas Powered Vehicles

April 21, (THEWILL) – The Manufacturers Association of Nigerian (MAN), on Thursday, commissioned different categories of vehicles including intra-city long buses, cars, and heavy-duty trucks amongst others at the Innoson Vehicle Manufacturing (IVM) Company Limited in Nnewi, Anambra...

MAN Condemns Invasion of Dangote Cement Plant by Kogi State Govt

The Manufacturers Association of Nigeria (MAN) has strongly condemned the invasion of Dangote Cement Plant on Wednesday by the state’s security outfit, the Vigilantes, on the order of the State Governor Yahaya Bello, noting that such action will discourage...
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Alex Eala’s Serve Is Holding Her Back at the US Open, But Her Return Could Make Her No. 1

Alex Eala's serve has long been identified as the single part of her game holding her back from...
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