Nigerian Manufacturers Sound Alarm Over Electricity Tariff Hike, Say 380,000 Jobs Lost Since April

The hike in electricity tariffs has sent shockwaves through Nigeria’s manufacturing sector, leading to the closure of over 300 companies and the loss of 380,000 jobs since April 2024, according to the Manufacturers Association of Nigeria (MAN). MAN voiced deep concerns over the crippling impact of the tariff increase, painting a grim picture of the … Continue reading Nigerian Manufacturers Sound Alarm Over Electricity Tariff Hike, Say 380,000 Jobs Lost Since April