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Manufacturers in Nigeria are facing a severe crisis, with inventory of unsold finished products of manufacturers in Nigeria soaring to N1.24 trillion in the first half of 2024, on account of the ...

MAN’s President, Francis Meshioye, explained, “The inventory of unsold finished products in the manufacturing sector surged by 357.57 per cent year-on-year, reaching N1.24tn in H1 2024.

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Manufacturers’ unsold finished goods in Africa’s most populous nation have surged by 357.6 percent in one year, hampering manufacturing activities and indicating a struggling economy, according to the ...