2026-01-02 09:00:00
According to Punch, the Manufacturers Association of Nigeria (MAN) projects improved output in 2026, with estimates pointing to stronger real growth and a higher contribution to GDP if enabling policies are implemented effectively.
The report links the optimism to reforms that could stabilise key macro variables, but notes manufacturers remain exposed to structural constraints—energy costs, logistics bottlenecks, and expensive financing.
Industry voices continue to push for a predictable policy environment and practical support that reduces operating costs, warning that growth projections can be missed if business conditions tighten.
Validation: Vanguard reported MAN’s forecast and quoted: “Real growth is projected to reach 3.1 percent… contribution… rise to 10.2 percent.” AllAfrica carried CPPE-linked commentary warning that “Nigeria’s manufacturing revival hinges on managing structural risks…”
Echotitbits take: Manufacturing is one of the fastest routes from ‘GDP growth’ to jobs. Watch Q1 indicators—grid stability vs. self-generation costs, FX predictability for imported inputs, and whether tax reforms reduce friction rather than add new compliance pain.
Source: The Punch — 2026-01-02 (https://punchng.com/manufacturing-tipped-for-3-1-growth-10-2-gdp-contribution/)
The Punch 2026-01-02
Photo Credit: The Punch
