High Energy Costs Threaten Nigerian Manufacturing - FG
The Federal Government warns that energy costs now consume 40-60% of manufacturers' expenses, eroding Nigeria's industrial edge. Minister John Owan Enoh calls for urgent action. Read more.
Category : Manufacturing
Manufacturers Warn of Job Losses Over New Sugar Tax
Nigerian manufacturers oppose a Senate bill to raise sugary drink taxes to 20%, fearing massive job losses. Health Ministry backs the tax for public health funding. Read the full debate.
Manufacturing Tops Nigeria's VAT Revenue in H1 2025
Nigeria's manufacturing sector contributed N584.63bn to VAT revenue in the first half of 2025, leading all sectors despite economic challenges. Read the full NBS report analysis.
RMRDC 30% Value-Addition Law to Attract Investors
Minister Udeh says the RMRDC 30% Value-Addition Bill will boost Nigeria's economy, attract investors, and create jobs by mandating local processing of raw materials. Read more.
MAN Warns Against SSB Tax Hike, Cites Job Risks
Manufacturers Association of Nigeria warns proposed sugar-sweetened beverage tax increase could undermine local production, threaten jobs, and distort investments. Urge lawmakers to reconsider.
MAN: 37% Lending Rate Hinders Manufacturing
MAN laments 37% lending rate, says high borrowing costs hinder production and reduce competitiveness. DG Segun Ajayi-Kadir urges CBN for rate reduction.
West Africa Industrial Summit Set for March 2026 in Lagos
The WA-IMT Summit in Lagos from March 3-5, 2026 will drive regional integration and sustainable industrial growth across West Africa. Join industry leaders!
Anambra Factory Fire Destroys Millions in Goods
Massive fire destroys tissue papers and baby clothing worth millions at Nnewi factory. No casualties reported as firefighters battle early morning blaze. Read full details.
Two Ogun factories sealed for safety violations
Federal Government seals True Metals Nigeria Limited and Phoenix Steel Mills in Ogun State over severe occupational safety breaches. Minister warns employers endangering workers' lives.
Delta State Seeks ₦1bn BOI Loan for Industrial Growth
Delta State Government plans to secure ₦1 billion loan from Bank of Industry to accelerate industrialisation and technology-driven manufacturing. Learn how this initiative will transform the state's economy.
Manufacturers Spend N676.6bn on Power Generators
Nigerian manufacturers spent N676.6 billion on alternative energy in H1 2025 as poor power supply cripples operations. MAN warns of job losses and demands government intervention.
New Electric Car Assembly Plant Opens in Imo State
EF Motors partners with Chinese firm to assemble 100,000 electric vehicles by 2028, creating 5,000 jobs and competing with Innoson Motors in Nigeria's growing EV market.
Print Industry Warns of Policy Neglect at IPEX 2025
Nigerian printing stakeholders demand policy reforms, skills development, and youth inclusion at IPEX 2025. Industry risks losing relevance without urgent government intervention.
Nasarawa rare earth plant creates 10,000 jobs
Nigeria's mining sector generates N26 billion in 2025 as Nasarawa gets $400 million rare earth plant creating 10,000 jobs. Read about Nigeria's mineral revolution.
Delta Govt Seeks ₦1b BOI Loan for Industrialisation
Delta State government plans a ₦1 billion BOI loan to accelerate industrial growth and digital innovation. Learn how this partnership with MAN will reshape manufacturing.
Senate's Sachet Alcohol Ban Puts Millions of Jobs at Risk
FOBTOB condemns Nigeria's Senate-approved ban on sachet alcohol, warning of massive job losses and dangerous alternatives. Industry faces N2 trillion investment threat.
N2trn Industry Threatened by Sachet Alcohol Ban
FOBTOB warns Nigeria's N2 trillion beverage sector faces collapse from the sachet alcohol ban, threatening 5.5 million jobs. Urges Senate to reconsider.
MAN: High Energy Costs, Taxes Hurt Niger Delta Factories
MAN highlights crippling energy costs and multiple taxes hindering Niger Delta manufacturing. The association urges a blue economy focus for sustainable industrial growth. Read more.
Nigeria Showcases EV & CNG Drive at Motor Fair
Nigeria accelerates its green mobility shift at the 25th Abuja Motor Fair, unveiling new EVs, CNG vehicles, and a ₦20bn CreditCorp fund. Discover the future of Nigerian auto industry.
N8bn Children's Toy Experience Centre Opens in Lagos
Auldon Toys unveils an N8 billion children's experience centre in Lagos, shifting from wholesale to retail with interactive learning workshops. Discover how this investment empowers Nigerian youth.
Digital Platform Transforms Nigeria's Food Processing
Nigeria's DFQT+ platform is transforming food fortification with real-time tracking and improved compliance. Discover how this digital innovation benefits producers and regulators.
Delta Governor Pushes Industrial Revolution With KFTZ
Delta State Governor Sheriff Oborevwori launches Kwale Free Trade Zone to drive industrial growth and commissions 12.1km road in riverine communities, marking significant development strides.
Nigeria Baking Crisis: 80,000 Bakeries Shut Down
Nigeria's baking industry faces collapse as over 80,000 bakeries closed since 2020 due to high production costs, energy crisis, and insecurity. Learn how this affects jobs and bread prices.
Ponmo Threatens Nigeria's Leather Industry - FG
Federal Government warns ponmo consumption threatens Nigeria's $2.79bn leather industry growth. Campaign launched to prioritize industrial use of cow hides.
New 40,000-Capacity EV Assembly Plant Coming to Nigeria
E.F. Network unveils massive electric vehicle assembly plant in Nigeria, creating 25,000 jobs and transforming the country's auto industry by 2026. Discover the future of green mobility.
Manufacturers Challenge NAFDAC's Sachet Alcohol Ban
Nigerian manufacturers demand reversal of sachet alcohol ban, warning of massive job losses and economic damage. MAN argues ban contradicts existing policies.
Group Condemns NAFDAC's Sachet Alcohol Ban
Civil society group Stand Up Nigeria condemns NAFDAC's ban on sachet alcohol, warning of 500,000 job losses and ₦1.9 trillion economic damage. Read the full details.
Sachet Alcohol Ban Threatens 500,000 Nigerian Jobs
Manufacturers Association warns NAFDAC's December 31 ban on sachet and PET bottle alcohol could eliminate 500,000 jobs and N1.9 trillion investments. MAN urges Senate reconsideration.
Tinubu: Nigeria secures $5bn foreign investments
President Tinubu reveals Nigeria attracted $5bn in manufacturing, fintech and energy investments. PEBEC reforms streamline business registration and port operations.
Northern Industries Back 15% Power Tariff Hike
Major northern industrial associations endorse new electricity tariff, citing long-term economic benefits despite initial cost concerns for manufacturers and households.
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