Former MAN chairman, Sam Ohuabunwa.
Manufacturers have warned that policy uncertainty, overlapping regulations and multiple taxation are raising production costs, disrupting operations and discouraging investment in Nigeria’s industrial sector.
The concerns were raised at the 2026 Chief Executive Officers/Managing Directors Business Luncheon organised by the Ikeja Branch of the Manufacturers Association of Nigeria in Lagos on Tuesday, where industry leaders examined the theme, ‘From Policy to Practice: Navigating Regulatory Friction in Lagos Industrial Ecosystem’.
Chairman of the MAN Ikeja Branch, Thomas Osobu, said manufacturers continued to operate in a difficult business environment marked by multiple regulatory obligations, infrastructure deficits, rising production costs, foreign exchange challenges and implementation gaps in government policies.
According to Osobu, although many government policies are intended to promote economic development, weak implementation often creates unintended obstacles for manufacturers.
