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ECONOMIC REFORMS: Manufacturers’ alternative energy expenditure surges 71.4% to N1.34trn in two years
Manufacturers in Nigeria spent an estimated N1.34 trillion on alternative energy sources in 2025, representing a 71.4 per cent increase from N781.68 billion recorded in 2023, as businesses grappled with the rising cost of production triggered by ongoing economic reforms.
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punchng.com
Manufacturers spent N1.34tn on alternative energy in 2025 – MAN
Nigerian manufacturers spent N1.34tn on alternative energy in 2025 due to economic reforms, increasing operating costs and worsening industrial performance
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vanguardngr.com
ECONOMIC REFORMS: Manufacturers’ alternative energy expenditure surges 71.4% to N1.34trn in two years
Manufacturers in Nigeria spent an estimated N1.34 trillion on alternative energy sources in 2025, representing a 71.4 per cent increase from N781.68 billion recorded in 2023, as…
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africa.businessinsider.com
Nigeria’s manufacturers lead business rebound as election spending boosts demand despite rising costs
Nigeria’s manufacturing sector returned to expansion in May 2026, driving broader business growth in Africa’s largest economy