The total value of goods produced by manufacturers in the first half of 2014 went down by N271billion on account of power supply hiccups and insecurity
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 Manufacturers Association of Nigeria.
Inventory of unsold products in the manufacturing sector
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Josephine Okojie and Juliet Onyema
Josephine Okojie-Okeiyi is a journalist with over five years’ reporting experience. She writes on industry, agriculture, commodities, climate change, and environmental issues.
She is fellow of Thomson Reuters Foundation and Bloomberg Media Initiative for Africa.