•STBMAN chairman, Sir Godfrey Ohuabunwa The Association of Licensed Set Top Box Manufacturers of Nigeria (STBMAN) has accused the National Broadcasting Commission of undermining due process and stalling the country’s long-delayed digital switch-over (DSO) project. It therefore warned that continued disregard for industry concerns could further...
Despite signs of improving macroeconomic indicators published by the federal government, the latest financial results of Nigeria’s manufacturing sector have indicated that significant pressures persist. Findings show that the manufacturers have continued to grapple with rising inventories (unsold goods) littering warehouses along with swelling...
•Alcohol in sachets Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has expressed shock and concern over the recent directive issued by the National Agency for Food and Drug Administration and Control (NAFDAC) to outrightly ban the production and sale of alcoholic beverages packaged in sachets and small P...
•Nigerian seaport The Manufacturers Association of Nigeria (MAN) and clearing agents operating at the nation’s ports have raised the alarm that despite the Federal Ministry of Finance’s directive that the Nigeria Customs Service (NCS) should suspend the 4 percent Free-on-Board (FOB) levy on imported goods, the Service has failed to implement t...
•A blocked drainage in Lagos With the Lagos State government’s ban on certain single-use plastics (SUPs) taking effect on July 1, 2025, local manufacturers have kicked against the policy, stating that small businesses and producers will be adversely affected. However, environmentalists said they are in support of the ban, citing the need to pr...
•Manufacturing sector The Manufacturers Association of Nigeria (MAN) has expressed growing alarm over the Central Bank of Nigeria’s (CBN) sustained monetary policy stance, warning that the current interest rate regime is undermining the country’s manufacturing base and economic resilience. In a statement issued today, Wednesday, May 21, 2025, ...
The Manufacturers Association of Nigeria (MAN) yesterday told the federal government that the sector “is on its last breath” as “the future of the country will continue to hang in balance unless the plights of manufactures are adequately addressed with appropriate interventions.” MAN also declared that year 2025 is a critical period where the ...
•Comptroller General of Customs, Adewale Adeniyi The imposition of a four per cent increase in charges on all consignments imported into the country by the Nigeria Customs Service (NCS), last week, drew disapproval from manufacturers, economists and other stakeholders at the weekend. The stakeholders said the hike could plunge Nigerians into d...
The Manufacturers Association of Nigeria (MAN) has said that N3.04 trillion was spent on importation of raw materials for industrial activities in 2023, noting that the manufacturing sector is capable of contributing over 80 percent of the country’s non-oil export if the potentials are properly harnessed. Director General of MAN, Segun Ajayi-K...
•Naira notes The chairman of the Ogun State Manufacturers Association of Nigeria (MAN), George Onafowokan, has lamented the crisis in Nigeria’s manufacturing sector following the government’s decision to float the Naira in 2023. According to him, 16 major manufacturing firms have incurred cumulative losses amounting to N792 billion due to nair...

