The ongoing energy crises characterized by high cost of diesel and epileptic power supply have added to the pain points of manufacturers pushing their energy cost well above 40 percent of total production costs.
The Director-General, Manufacturers Association of Nigeria (MAN), Mr. Segun Ajayi-Kadir, who disclosed this in a chat with Vanguard, noted that the impact of the crises has led to a plunge in the capacity utilisation of manufacturers.
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