The Newly elected President of Nigeria Employers Consultative Association (NECA), Ifeanyi Okoye,has given insight into challenges facing the manufacturing sector leading to the closure of some companies and exit of some multinational companies from Nigeria.The Vanguard Newspaper reported that Okoye said: “There are a lot of issues that are bothering manufacturers in this country.He said: “One…
The Manufacturers Association of Nigeria (MAN)has called on the Federal Government government to put in place a phased implementation policy for the proposed single-use plastics ban. This is to allow the operators in the sector sufficient time to adapt and mitigate disruptions that will arise from the ban. MAN, in a position statement on Tuesday, …
▪︎ Jakarta, on Java Island Indonesia is moving its capital city to a different part of the country and steel makers in the country are expected to supply 9.5 million tons of steel to develop the new city, Nusantara. Checks by Industrialtimesngr.com, shows that following a recent discovery by the Indonesia’s government that parts of…
▪︎Queues at a NNPCL filling station in Lagos EMPLOYERS in the Nigerian private sector have warned that the recent hike in petrol prices will causes huge layoffs across industries in the economy. The private sector employers include the members of the Manufacturers Association of Nigeria (MAN), Nigerian Association of Chambers of Commerce, Industry, Mines and…
Rev Isaac Adefemi Agoye, is representing Manufacturers Association of Nigeria, on the Board of the Bank of Industry (BOI), as a non-executive director.Rev Agoye was among the non- executive directors of BOI approved by President Bola Tinubu along with the new 13-member board for the BOI. The new Board is headed by Dr Mansur Muhtar,…
On Thursday 12 September 2024, worldstainless Secretary-General, Tim Collins, will explain why stainless steels, should be part of our routine materials palette, for the built environment. In a statement released ahead of the event by the World Stainless Steel , said “Stainless steels are an impressive family of high Chromium alloys and offer good to…
▪︎L-R: Segun Ajayi-Kadir, DG MAN; Francis Meshioye, MAN President; the Managing Director, GB Foods Limited, Vincent Egbe, and the Permanent Secretary, Ministry of Commerce, Cooperatives, Trade & Investment (MCCTI), Dr. Olugbemi Aina. The Lagos State Governor, Babajide Sanwo-Olu has tasked manufacturers to embrace new technology and innovation as tools that can significantly enhance productivity, optimise…
The Pulp, Paper, Printing & Publishing Sectoral Group of the Manufacturers Association of Nigeria recorded a surge in local patronage of their products from April to June this year. MAN, in its just-released Manufacturers CEOs Index for Q2 2024, reported that despite the disruption encountered due to the rise of digitalisation, the Sectoral Group recorded…
Worse still, the commercial banks have continued to charge dollar account along with other Naira bank charges such as 35% interest rate on the facilities that these companies have with their banks.
His Majesty King Letsie III of the Kingdom of Lesotho, has urged the Food and Agricultural Organisation (FAO) to intensify efforts to eradicate poverty and end hunger in Lesotho and the rest of Africa.The Monarch also told FAO to pay closer attention to ensuring better nutrition and to mitigating the challenges caused by the impacts…
