MAN: 60% of North East factories shut as insecurity cripples industry

By Merit Ibe
The Manufacturers Association of Nigeria (MAN) has raised concerns over the severe impact of insecurity on industrial activities in Nigeria’s North East, revealing that about 60 per cent of industries in the region have been grounded.
Director General of MAN, Segun Ajayi-Kadir made the disclosure while receiving members of the executive council of the Commerce and Industry Correspondents Association of Nigeria (CICAN) during a courtesy visit in Lagos, yesterday.
According to him, persistent security challenges, including insurgency, banditry and other forms of violent attacks, have created a hostile business environment that has forced many manufacturers to suspend o...