Friday, September 11, 2020

Manufacturers donate N8b cash, N300m palliatives

The Manufacturers Association of Nigeria (MAN) has announced that its members donated N8 billion in cash and N300 million palliative materials to both Federal and state Governments during the outbreak of COVID-19 pandemic.
Its President, Mr. Mansur Ahmed, stated this on Thursday at the 48th Annual General Meeting of the association in Lagos.
Ahmed told reporters that indicators revealed that the nation was not immune to the challenges as global manufacturing also experienced inconsistency in production growth, indicating an overall economic slowdown.
This, he explained, resulted in job losses, a decline in consumer demand and a general deterioration in living standard.

No comments:

Post a Comment