Nigeria’s manufacturers pay between two and 10 times more than their counterparts in countries such as Vietnam and China for electricity, credit and logistics, putting the country’s factories at a major competitive disadvantage, the National Sugar Development Council has said. The Executive Secretary of the NSDC, Kamar…
…costsThe price change is expected to push up ex-depot diesel prices nationwide, hitting manufacturers and small businesses hardFind it fast with our new search feature at Legit.ng! Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.Dangote Pe…
…the Federal Ministry of Industry, Trade and Investment, the Joint Revenue Board, the Manufacturers Association of Nigeria, the Tax Advisory Committee and the Tax Justice and Governance Platform.Expressing confidence in the committee’s capacity, Oyedele said the mix of expertise from the public and private sectors would…
…jobs and workers’ earnings. OPSN, which comprises major business groups, including the Manufacturers Association of Nigeria, MAN, the Nigeria Employers' Consultative Association, NECA, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, the Nigerian Association of Small and Mediu…
The Manufacturers Association of Nigeria has renewed its call for coordinated structural reforms to address inflation, improve productivity and strengthen the competitiveness of the country’s manufacturing sector, as it looked ahead to the second half of 2026 following disruptions caused by the Middle East conflict. Th…
…corridors have been a chronic and heavily documented challenge. A 2023 report by the Manufacturers Association of Nigeria estimated that logistics costs in Nigeria were 40 to 60 per cent higher than comparable economies in the region, with port corridor checkpoints, many of them unauthorised collection points operated…
…the conventional six-month delivery timeline. He also stressed that collaboration among manufacturers, technology firms, international oil companies and indigenous operators remained critical to building a more competitive energy industry. Onafowokan said, “The adoption and evolution of technology are not cheap, but th…
…complete with serial numbers,” he said. He called for a crackdown on illegal arms manufacturers and black markets where such weapons are sold, describing them as key drivers of insecurity. Disu further urged stricter security around police armouries, warning that some security personnel had been implicated in the illeg…
…continue to undermine productivity and competitiveness,” Yusuf said. He observed that manufacturers, agriculture and micro, small and medium enterprises (MSMEs) remain constrained by the high-cost operating environment, resulting in only modest improvements in output, employment and household welfare during the first h…
By Theodore Opara The Nigerian Automotive Manufacturers Association, NAMA has advised the Federal Government to complement its 2026 fiscal policy reforms with strong industrial protection measures, warning that tariff liberalisation without adequate safeguards could threaten investments in Nigeria's automotive manufact…
…illicit alcohol has resulted in avoidable deaths and permanent disabilities. Legitimate manufacturers have consistently emphasised that such incidents are overwhelmingly linked to criminal operators rather than recognised brands. Even so, consumer confidence suffers whenever illicit products enter the market. This is b…
…is in place, government agencies, telecom operators, healthcare providers, and manufacturers could all leverage the same ecosystem. “Financial services is the wedge,” Agogbua said. “Government, telecoms, healthcare, education, and manufacturing follow.” Can Lagos carry the country’s payments system? One recurring conce…
…estate companies with proven records of delivering quality developments, alongside major manufacturers of building materials, paint products, construction technologies and cement, including Dangote Cement Plc, all showcasing innovative products and solutions designed to transform Africa's housing sector. Commissioners…
By Yinka Kolawole Nigeria's manufacturers are increasingly embracing local sourcing and value addition as a survival strategy to reduce dependence on imported inputs amid rising production costs that continue to undermine their competitiveness within the domestic and regional markets. Industry operators, however, warn…
…serves as a strategic public-private platform bringing together government agencies, manufacturers, development partners, civil society groups, academia and professional bodies to drive compliance and improve the quality of fortified foods. According to her, Nigeria's salt iodisation programme, introduced in 1993, rema…
…partnerships with global companies, including Apple, ASML, Intel, Qualcomm, and Tesla as manufacturers diversify supply chains beyond China and increasingly turn to India as an alternative production hub. Cybersecurity researcher Rajshekhar Rajaharia told TechCrunch that the data advertised on the forum included Outloo…
…investors and suppliers. The company has previously sourced batteries from Chinese manufacturers, including a $11.6 million supply deal with CBAK Energy Technology. In October 2025, Spiro said 30% of the value of its motorcycles is now produced locally. NewTrails Capital said it views Spiro as an “infrastructure-like b…
…Federal Ministry of Industry, Trade and Investment enables us to connect Nigerian manufacturers to key markets across East and Southern Africa using our network. This is a pivotal moment for intra-African trade and for how we move goods across the continent,” he said. The expanded corridor builds on the initiative laun…
…seventh anniversary and formed part of the Omni Insights Forum, which brought together manufacturers, distributors, retailers, investors, financial institutions, policymakers and development partners to discuss the future of commerce, capital, data and inclusive growth in Nigeria. "As we celebrate seven years of buildi…