The rise in insecurity and limited investments for local raw materials production in Nigeria is taking a toll on the local sourcing of raw materials by manufacturers in the country, BusinessDay analysis has shown.
Data obtained from the Manufacturers Association of Nigeria (MAN) showed that local sourcing of raw materials in the first half of this year was 52 percent, the lowest in five years.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2024 All Rights Reserved | Curated and Powered by Nigeria DNA
