Nigerian Manufacturers' Alternative Energy Spending Surges to N1.34 Trillion
Nigerian manufacturers have significantly increased their expenditure on alternative energy sources, spending N1.34 trillion in the past two years. This surge reflects efforts to mitigate the impact of economic reforms and unreliable power supply.
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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 Read More: https://punchng.com/manufacturers-spent-n1-34tn-on-alternative-energy-in-2025-man/
By Punch Newspapers
Read full article →ECONOMIC REFORMS: Manufacturers’ alternative energy expenditure surges 71.4% to N1.34trn in two years
By Yinka Kolawole 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. The Manufacturers Association of Nigeria (MAN) disclosed this in its assessment of the […] The post ECONOMIC REFORMS: Manufacturers’ alternative energy expenditure surges 71.4% to N1.34trn in two years appea...
By Urowayino Jeremiah
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