The Manufacturers Association of Nigeria (MAN) said the inventory of unsold finished products in the warehouses of members of the association rose by 255 percent to ₦321.12 billion in 2017 from ₦90.43 billion in 2016. Immediate past President of MAN, Dr Frank Jacobs, stated this in Lagos at the 46th Annual General Meeting (AGM) of […]
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The Manufacturers Association of Nigeria has lamented that locally produced goods are still finding it difficult competing in the global market. The President, MAN, Dr Frank Jacobs, declared this on Saturday at the 34th Annual General Meeting and Public Lecture of MAN, Rivers/Bayelsa branch, in Port-Harcourt. Commenting on the theme of the event, which was […]
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The Manufacturers Association of Nigeria (MAN) has cautioned the Federal Government over its rising debt profile in view of the associated service charges and the future economic burden. President of MAN, Dr. Frank Jacobs, warned that for the 2018 budget tagged, “Budget of Consolidation” to achieve the desired objectives with minimal negative impact on the […]
Read More The Director-General, Manufacturers Association of Nigeria, Mr. Segun Ajayi-Kadir, has urged the Federal Government to intensify efforts so that the country’s economy will not relapse into recession. He warned that if the country did not sustain the growth in productivity that had helped the economy exited recession, there could be a relapse. Ajayi-Kadir spoke in […]
Read More An Industrialist, Mr. Frank Jacob, said yesterday that the prices of domestic commodities were up because the exchange rate between the naira and the dollar was still high. Jacob, who is the President of the Manufacturers Association of Nigeria (MAN), told the News Agency of Nigeria in Lagos that manufacturers were still burdened by high […]
Read More Tanzania is set to take Nigeria through stages of sustaining economic recovery following its exit from recession in order to prevent a relapse. According to correspondent, the President, Manufacturers Association of Nigeria, Dr. Frank Jacobs, stated this on the sidelines of the pre-Annual General Meeting media briefing in Lagos on Wednesday. Jacobs said the former […]
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Manufacturers have expended over ₦378billion on power generation to run their operations in the last three years, the President of the Manufacturers Association of Nigeria (MAN) Dr Frank Udemba Jacobs said. This is due largely to unreliable public grid power supply across the country. According to MAN boss, manufacturers of consumable and non-consumable products spends […]
Read More The Manufacturers Association of Nigeria (MAN) says it will save billions of dollars on importation of raw materials through partnership with professionals in the chemical sector in the country. Speaking at the signing of a Memorandum of Understanding (MoU) between MAN and the Chemical Society of Nigeria (CSN) recently, MAN President, Frank Jacobs, said the […]
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