The Manufacturers Association of Nigeria, MAN, has projected a 4% economic growth for the country in 2026, citing renewed investor confidence and ongoing government reforms. The forecast, contained in MAN’s latest Think Tank Report released on Tuesday, attributes the outlook to new tax incentives, regulatory adjustments, and the operationalisation of the National Council on Industry.
MAN said recent policy moves, including green industrial initiatives and single-digit interest loans for manufacturers, are already driving recovery. Data showed a 1.1% growth in manufacturing output in the second quarter of 2025 — the fifth consecutive quarterly expansion despite inflation and global trade pressures.
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Director General Segun Ajayi-Kadir expressed optimism that access to N75 billion in low-interest loans and tax reliefs will further expand industrial capacity and job creation in 2026.
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