Bank Credit To Manufacturing Sector Drops N1.92trn

The commercial bank credit to Nigeria’s manufacturing sector experienced a decline, dropping by N1.92 trillion, or 22.5 per cent year-on-year, from N8.53 trillion in December 2024 to N6.61 trillion in December 2025.
Manufacturers Association of Nigeria (MAN) stated this in a report on the sharp decline in credit to the manufacturing sector as this shift emphasizes the need for strategic interventions to bolster manufacturing support in the country.
According to the data, commercial bank credit allocation to manufacturing contracted by N1.92 trillion from N8.53 trillion in December 2024 to N6.61 trillion in December 2025. This represents a significant year-on-year contraction of -22.5 ...