Manufacturers Association of Nigeria’s report shows that the federal government’s productions focused reforms and policies are enhancing manufacturers’ confidence in the business environment, writes Dike Onwuamaeze

The chief executives of Nigerian manufacturing firms reported a renewed level of trust in doing business in Nigeria. They hinged their trust on the expectation that the federal government’s economic reforms and policies will engender better business environment.

These reforms and policies include the recent tax law reforms, the presidential executive orders and other business-related policies like the Nigeria Industrial Policy, which was unveiled this year and the “Nigeria First” Policy. All these, according to the chief executives, cast a more positive outlook on manufacturing executives.

Their views were expressed in the latest edition of the Manufacturers CEO Confidence Index (MCCI) for the second quarter (Q2) of 2026, which is published by the Manufacturers Association of Nigeria (MAN).

The MCCI said: “The 52.1 aggregate MCCI in Q2 2026 was 3.4 points higher than in Q1 2026, signalling a return of confidence in manufacturing activities in Nigeria.