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MAN urges govt to address constraints hindering local product competitiveness

The Manufacturers Association of Nigeria (MAN), has emphasised the urgent need to address the constraints hindering the competitiveness of local products to revitalise the economy.

MAN’s president, Francis Meshioye, stated this at a news conference in Lagos, ahead of the association’s 52nd Annual General Meeting (AGM) scheduled for October 22 -24.

The theme for the AGM is ”The Imperatives of an Intentional Development of the Nigerian Manufacturing Sector”.

Meshioye said that the need to address the constraints binding the real sector was critical, otherwise the economy might continue on a downward trend with no certainty of rebound

He said manufacturers, as critical stakeholders in the Nigerian economy, would continue to play its role of presenting to government policy inputs and options.

He noted that within the last one year, the Nigerian economy had witness many happenings, with the business environment heavily impacted by the developments.
“We shall continue to partner with governments with a view to co-creating innovative solution that will free the Nigerian economy from its lackluster performance.

“We are also committed to helping to place it on the path of productivity, sustainable growth and development,” he said.
The MAN president stated the  choice of the theme for the event speaks volume about the direction and resolve to birth a thriving manufacturing sector.

Meshioye noted that the sector, crucial for job creation, productivity, and economic growth, is burdened by various challenges limiting its contribution to the Gross Domestic Product. (Source: NAN)

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