MAN Reports 0.3-Point Production Decline in Q3 Due to Industrial Disputes

The Manufacturers Association of Nigeria (MAN) revealed a 0.3-point decrease in production in Q3 2025, attributed to industrial disputes and energy supply disruptions, leading to increased energy costs and constrained output. MAN's CEO expressed confidence in the sector's future despite challenges.

The Manufacturing CEO Confidence Index (MCCI) showed a modest increase, indicating cautious optimism among manufacturers. However, challenges like high inflation, exchange rates, and interest rates persist.

The next quarter's projections suggest sustained optimism.