Manufacturers Association of Nigeria disclosed this in its MAN CEO’s Confidence Index Report for Q1’24 released yesterday.
In his comment, Director General of MAN, Segun Ajayi-Kadir, said: “The report that we are presenting today confirms a moderate improvement in the Aggregate Index Score evidenced by the meagre increase from 51.8 points to 53.5 points for the first time in the last six quarters. Notwithstanding, this performance shows that the manufacturing sector is set on the path of restoration and recovery, at least to the level recorded in Q3 2022 with the hope of improvement in the next quarter.