250% Hike in electricity tariff killing manufacturing, members deserve government’s support —MAN - News Summed Up

250% Hike in electricity tariff killing manufacturing, members deserve government’s support —MAN


THE Manufacturers Association of Nigeria (MAN) has said the 250% increase in electricity tariffs, its members in Band A are being made to pay, has begun to take its toll on the sector, and therefore become a source of concern for such members. But hiking electricity tariff by 250 percent for manufacturers is not just done. But you can imagine what would happen if this number of businesses shut down. He explained that the choice of the theme: “The Imperatives of an Intentional Development of the Nigerian Manufacturing Sector”, typifies the association’s resolve to birth a thriving manufacturing sector. “The theme was couched with a deep reflection on the growth trajectory of the manufacturing sector in Nigeria.


Source: Nigerian Tribune October 15, 2024 06:16 UTC



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