Advocacy for Establishment of Bank of Industry (BOI)
The Bank continues to provide financial support and intervention programmes that stimulate investment and industrial expansion.
The Manufacturers Association of Nigeria (MAN) was established in May 1971 to provide a common voice for manufacturers and a focal point of consultation between industry, government, and the public.
Driving industrial growth through policy, evidence, and partnership.
Since its establishment in 1971, the Manufacturers Association of Nigeria has remained the foremost advocate for the interests of manufacturers and the development of a competitive industrial sector.
Through sustained engagement with government, policymakers, regulators, and stakeholders, the Association has championed reforms and interventions that have contributed significantly to the growth and resilience of Nigeria's manufacturing sector.
Over the years, MAN's advocacy efforts have resulted in landmark achievements that continue to support industrialization, investment, job creation, and economic growth.
MAN has consistently advocated policies and incentives aimed at improving the operating environment for manufacturers and enhancing the competitiveness of locally produced goods. These interventions have supported industrial growth, encouraged investment, and strengthened Nigeria's productive capacity.
MAN successfully advocated for the Bonafide Manufacturers Scheme, introduced to enable genuine manufacturers to access essential raw materials and production inputs under favorable conditions.
The scheme was designed to support local industries and enhance manufacturing productivity.
MAN championed the introduction of MIBS, which allows qualified manufacturers to import raw materials and intermediate products for processing and export.
The scheme has helped improve production efficiency and support export-oriented manufacturing activities.
MAN played a leading role in advocating the reactivation and continued implementation of the EEG, which provides incentives to export-oriented manufacturers.
The scheme has enhanced Nigerian products in international markets and supported economic diversification.
MAN has continuously advocated measures that protect strategic sectors from unfair competition and excessive import dependence.
These interventions support sectors through policies restricting importation of products that can be competitively produced locally.
Through engagement with government and regulatory agencies, MAN has facilitated concessions and policy interventions for priority sectors.
MAN has consistently engaged policymakers and financial institutions on the need to improve access to affordable credit for manufacturers.
Sustained advocacy contributed to efforts aimed at reducing lending rates and encouraging industrial investment and business growth.
Advocacy for policies and incentives that improve the operating environment and strengthen industrial competitiveness.
Support for schemes that expand production efficiency, export readiness, and non-oil export competitiveness.
Institution-building advocacy that helped expand industrial financing and SME development support.
Promotion of local patronage, domestic value chains, import substitution, employment generation, and national competitiveness.
Recognizing the need for long-term financing for industrial development, MAN advocated the establishment of the Bank of Industry, which has become a key development finance institution supporting manufacturing and enterprise growth in Nigeria.
MAN also played a significant role in advocating the establishment of the Small and Medium Enterprises Development Agency of Nigeria, created to support SME growth through capacity building, business support services, and access to opportunities.
The Bank continues to provide financial support and intervention programmes that stimulate investment and industrial expansion.
SMEDAN strengthens enterprise development through support services, capacity building, and opportunities that help small and medium enterprises grow.
Through economic reviews, industry surveys, policy papers, stakeholder consultations, and constructive engagement with government institutions, MAN provides credible recommendations that shape industrial policies and reforms.
MAN serves as a bridge between government and the private sector by promoting constructive dialogue, consultations, stakeholder engagements, strategic partnerships, and solutions that support sustainable industrial growth.
The Association consistently champions initiatives that encourage patronage of locally manufactured products and the development of domestic value chains, supporting industrialization, employment generation, import substitution, and economic diversification.
For more than five decades, MAN has remained at the forefront of industrial advocacy and policy engagement, helping to shape reforms that have strengthened the manufacturing sector and contributed to national development.
Through collaboration, research, and sustained engagement with stakeholders, MAN continues to champion policies and initiatives that promote competitiveness, industrial growth, and sustainable economic prosperity.