Business
MAN Tasks FG To Strictly Enforce Local Content Laws in Manufacturing Sector
By Ocheneyi Alli
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to ensure strict enforcement of local content laws in the manufacturing sector of the economy.
Otunba Francis Meshioye, the President of MAN, made the call during the 3rd Adeola Odutola Lecture / 51st Annual General Meeting (AGM) of MAN, with the theme “Setting the Agenda for Competitive Manufacturing under the AfCFTA: What Nigeria Needs to Do.”
Meshioye, observed that Nigeria has a low local content adoption and patronage of made in Nigeria products, and therefore, urged the government to ensure effective enforcement of local content and patronage regulations.
He said this can be achieved by strict enforcement of local content laws, giving incentives for local sourcing of raw materials, and innovation in the manufacturing sector.
He said that the government should also compel the public sector at all levels to , as a matter of national importance, step up their compliance with existing government directive on patronage of made-in-Nigeria products, including Executive Orders 003 and 005.
In addition he said the manufacturing sector is one of the sectors of the economy with wide sectoral interlinkages.
“However, the low level of development of auxiliary sectors is disentangling the manufacturing sector from the rest of the sectors.
This is more so in agriculture, iron and steel and mining sectors.
“This has resulted in a limited supply of raw materials and other input for the manufacturing sector,” he said .
Therefore, it is essential to encourage backward integration and sectoral linkages to promote a more sustainable manufacturing sector in Nigeria.” he advised.
At the event, the Minister of Industry Trade and Investment, Dr. Doris Uzoka-Anite, extended the Federal Government’s assurances of collaboration to the local manufacturers towards enhancing their competitiveness .
She said the current administration envisions industrial revitalisation and is committed to covering real aspects of industrialization from consumer credit, fiscal and monetary policy alignment and continuous engagement in delivering the presidential initiatives.
Represented by Dr. Rabiu Olowo, Director-General, Financial Reporting Council of Nigeria, the Minister said that to harness full benefits of the AfCFTA, ” we must deploy strategic interventions in the manufacturing sector to enhance competitive edge, seeing the manufacturing sector is the backbone of any economy.
Aganga urged the Federal Government to declare the Industrial sector a national priority sector and back it with plans, policies and money.
“To maximise the opportunities presented by the AfCFTA, there are four imperatives which are combined responsibility of government and manufacturing sector; robust public private partnership particularly in the area of research and development to enhance the strength of manufacturing, supporting Micro, Small and Medium Enterprises (MSME) with capacity and potential for exports and investment in infrastructure and technology.
“We also must enhance quality standards and performance and adhere to international quality standards.”
Likewise, Dr. Olusegun Aganga, a former minister of Industry , added that the continued flooding of the domestic market with cheaper and substandard products from China and elsewhere would derail the country’s plans to dominate AfCFTA as the largest market in the continent.
Aganga urged the Federal Government to declare the Industrial sector a national priority sector and back it with plans, policies and money.
The Former Minister pointed out that embracing competitive manufacturing under the AfCFTA is crucial for Nigeria’s economic growth and integration into the global market place.
“Nigeria may not be able to compete with China now, but by investing in infrastructure, innovation and skilled labour, while addressing trade barriers, the business environment and promoting market access, Nigeria can certainly position itself as the manufacturing hub in Africa.
“Let us work together and seize this historic opportunity and create a prosperous and vibrant manufacturing sector that will benefit Nigerians and contribute to the economic development of the African continent as whole,” he said.
Business
MTN’s 5G subscribers reach 15m
“We are proud to be the first telco to achieve over 82 percent coverage in 4G, and the first to roll out 5H in Nigeria, already reaching an estimated 15 million of the population and counting,”
MTN Nigeria says that its 5G network, has reached an estimated 15 million subscribers across the country.
In a statement, the company linked the growth to its aggressive leadership in 4G/5G deployment and the accelerated rollout of its Fibre-to-the-Home (FTTH) network.
” We are proud to be the first telco to achieve over 82 percent coverage in 4G, and the first to roll out 5H in Nigeria, already reaching an estimated 15 million of the population and counting,” the statement reads.
It added that the drive for connectivity is backed by significant capital spending, stressing that Capex, excluding leases, soared by 248.0% to N757.4 billion.
The firm said that this investment was strategically directed at capacity enhancement to reduce congestion and to deliver ultra-fast broadband to households through FTTH.“Demand for data remains robust, driving a 36.3% YoY increase in data traffic, with average usage per subscriber rising by 20.8% to 13.2GB.
Business
China-Nigeria bilateral trade hits $22.3bn in 2025
“From January to October 2025, bilateral trade exceeded $22.3 billion; this represented a 30.2 percent year-on-year increase,” Yuqing said.
• Consul General of the People’s Republic of China in Lagos, YAN Yuqing
Chinese Consul-General in Lagos, Ms Yan Yuqing, had said China-Nigeria bilateral trade exceeded $22.3 billion between January and October 2025.
Yuqing disclosed this at the Lagos Forum New Year Media Symposium, where she reviewed bilateral relations and outlined prospects for deeper cooperation in 2026
.“Over the past year, China-Nigeria economic and trade cooperation has shown great vitality and strong momentum.
Over the past year, China-Nigeria economic and trade cooperation has shown great vitality and strong momentum.
“From January to October 2025, bilateral trade exceeded $22.3 billion; this represented a 30.2 percent year-on-year increase,” Yuqing said.
She said Nigeria had remained one of China’s major investment destinations in Africa for many consecutive years.
Business
PRovoke Media 2025 Influence 100: Dangote ‘s Anthony Chiejina Ranks Among Most Powerful Global Communications Leaders
This year’s list reflects a powerful cross section of communications leadership from some of the world’s most influential organisations, including Walmart, Apple, Shell, Microsoft, Nvidia, Nissan, Coca Cola, Google, Lufthansa, MTN, Emirates, Ford, Marriott, Tencent and Reliance Industries among others.
• File Photo: Anthony Chiejina
PRovoke Media has again recognized the Group Chief Branding and Communications Officer, Dangote Group, Anthony Chiejina, among the most powerful communications leaders in the world, in its prestigious 2025 Influence 100.
The recognition marks Chiejina’s fifth consecutive appearance on the global ranking, having previously been listed in 2021, 2022, 2023 and 2024, a rare distinction that underscores both consistency and sustained global relevance.
According to PRovoke Media, the 2025 Influence 100 identifies the most impactful senior communications, corporate affairs and marketing executives worldwide.
It emphasised that Chiejina’s inclusion reflects his central role in shaping the reputation of Dangote Group, Africa’s largest industrial conglomerate.
It notes that for over 15 years, Chiejina has overseen corporate communications across the group’s diverse portfolio, spanning cement, agriculture, energy, manufacturing and consumer goods.
His stewardship has been instrumental in positioning Dangote as the continent’s most admired indigenous company and a symbol of African industrial ambition.
According to the publication, under Chiejina’s leadership, the group’s communications function has navigated complex regulatory environments, major industrial expansions and heightened global attention, particularly as Dangote deepens its footprint across Africa and advances sustainability and energy security initiatives.
” As group head of corporate communications, he oversees external and internal reputation across multiple sectors spanning cement, agriculture, energy and consumer goods, and has helped steer the brand’s continued recognition as the most admired indigenous company on the continent,” it said.
His continued presence places him among an elite group of in-house communicators whose judgement, influence and strategic insight shape corporate reputation at the highest level
According to the publication, under Chiejina’s leadership, the group’s communications function has navigated complex regulatory environments, major industrial expansions and heightened global attention, particularly as Dangote deepens its footprint across Africa and advances sustainability and energy security initiatives.
Meanwhile, the 2025 Influence 100 includes 28 new entrants, alongside several high profile re entries by senior communications leaders who have since taken on expanded global roles.
These include Michael Stewart, who moved from PwC to Unilever; Michael Gonda, from McDonald’s to Nike; and Sandy Rodriguez, also from McDonald’s to Eli Lilly.
This year’s list reflects a powerful cross section of communications leadership from some of the world’s most influential organisations, including Walmart, Apple, Shell, Microsoft, Nvidia, Nissan, Coca Cola, Google, Lufthansa, MTN, Emirates, Ford, Marriott, Tencent and Reliance Industries among others.
In total, 20 countries are represented, highlighting the global reach and strategic importance of senior in house communications leadership.
Gender representation remains strong, with 58 women and 42 men featured, sustaining a female majority for the second consecutive year.
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