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NGX Group and Listed Companies Seek Government Intervention to Ease Manufacturing Sector Challenges

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NGX,Nigerian Exchange,Manufacturing Sector

The Nigerian Exchange, NGX, Group and some listed companies have requested the intervention of the Federal Government to address the difficulties faced by the manufacturing sector. Foreign exchange losses and high financing costs have been major obstacles for manufacturers in recent months.

The Nigerian Exchange, NGX, Group and some listed companies have sought for the intervention of the Federal Government to ease the challenges faced by the manufacturing sector in the country.

Foreign exchange losses and high financing costs have become dominant adversity for players in the manufacturing sector of the economy in the last few months.Group, Dr Umaru Kwairanga, said it was essential for the government to engage players in the capital market, stating, “This is important, so that they can know the challenges and be able to proffer solutions to aid the listed companies.”

 

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