The Manufacturers Association of Nigeria (MAN) has expressed optimism about the reduction in inflationary pressure and the effective implementation of the newly enacted minimum wage, anticipating a decrease in production costs. This was revealed in the MCCI Q2 2024 Report where it recorded an Aggregate Index Score (AIS) of 51.9 points from 53.5 points in previous quarter. This aligns with the adoption of recommendations by Presidential Fiscal Policy And Tax Reforms Committee.
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The Manufacturers’ CEO Confidence Index Q2/2024 report reinforces the need for urgent fiscal reforms.
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The Manufacturers Association of Nigeria (MAN) has expressed optimism about the reduction in inflationary pressure and the effective implementation of the newly enacted minimum wage, anticipating a decrease in production costs. This was revealed in the MCCI Q2 2024 Report where it recorded an Aggregate Index Score (AIS) of 51.9 points from 53.5 points in […]