The Sun Nigeria·3 min read·medium
Manufacturers seek lower costs as non-oil exports hit $6.1bn
T
The Sun
✦AI Summary
The Manufacturers Association of Nigeria is urging the government to lower production and logistics costs to maintain competitiveness. Despite a record $6.1 billion in non-oil exports, manufacturers cite high interest rates and poor infrastructure as major barriers to growth.
Why it matters
Addressing these structural constraints is critical for Nigeria's economic diversification strategy and its ability to leverage the African Continental Free Trade Area.
Manufacturers Association of Nigeria (MAN)
businesseconomy
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