The Manufacturers Association of Nigeria, MAN, has outlined its target for the new year during which it hopes to increase the contribution of the manufacturing sector to the Gross Domestic Product above the current 9.5 per cent.
President of the Association, Mr Mansur Ahmed said among other things, MAN would promote a more inclusive economy among all categories of companies in the membership of the Association through the establishment of structured and mutually beneficial linkages between the large corporations and small and medium industries, expand the scope of strategic partnership with relevant organisations within Nigeria, West Africa and the African continent.
Ahmed said on Wednesday during the annual media luncheon of the association, that efforts would be made to further influence the modulation of economic, industrial, trade and other policies that were germane to the survival of the manufacturing sector in Nigeria.
He said, “I want to use this medium to reiterate some areas of our activities that we shall be giving greater attention to soon.
“We shall substantially improve the contribution of the manufacturing sector to the Gross Domestic Product from the current paltry 9.5 per cent; appreciably increase the capacity utilisation of member-companies by promoting policy consistency in a manner that the gains already made are not pulled back while ensuring the revival of sectors that are currently struggling.”