MAN predicts economic growth through investment in energy, transportation

MAN predicts economic growth through investment in energy, transportation

The Manufacturers Association of Nigeria (MAN) says the Nigerian economy will prosper if the Federal Government invests more in energy and transportation sectors.

MAN’s President, Mr Ahmed Mansur, gave the assurance in an interview with the News Agency of Nigeria (NAN) in Lagos on Thursday.

The MAN’s president urged the Federal Government to invest more in energy supplies and transportation network to improve the business environment.

Mansur said government’s zeal on infrastructure development was sacrosanct to spur more productive capacity.

“Although the government is doing a lot in scaling up electricity provision, however, more is needed to ensure that manufacturers could cut-down cost.

“The government should expedite the railway and roads being done, in order for domestic producers to reduce the time to convey their goods,’’ Mansur said.

He said the current collaboration between the government and the domestic producers regarding economic policies was commendable.

“The policy result gotten from the friendly relationship between domestic producers and the government agencies should be sustained.

“The collaboration over time will increase the understanding among us and government in turn will strengthen the economy,’’ Mansur said.

 

 

 

Source: NAN

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