Tuesday, July 12, 2022

Manufacturer Association of Nigeria threatened to shut down

 Nigeria manufacturers associations have threatened to shut down because of the high cost of diesel, the inconsistent supply of power, and the numerous taxes.


The fact that most manufacturing companies have since moved to bordering countries is no longer news.

The handful that are still around are battling to stay in operation. They also face difficulties with access to foreign currency.

Unbelievably, the economy is in trouble, and the government appears to be struggling.

What's the next step for us?

Governance is about finding solutions to problems, and if the government doesn't deal with these urgent problems, the consequences will not be pleasant.

If the economy is not restored, there may be further job losses after the current ones.

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