July 14, 2017/Cowry Asset
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In the just concluded week, Manufacturers Association of Nigeria (MAN) reported that investments in backward integration projects in the country improved local content at manufacturers to 53.17% in 2016 from 48.75% and 47.18% recorded in 2015 and 2014 respectively.
According to MAN, this comes with attendant benefit of a reduction in demand for scarce foreign exchange to import raw materials… click here to view details.
