The Manufacturers Association of Nigeria has warned that a shutdown of manufacturing activities is imminent if nothing is done to address the soaring cost of energy bedevilling the sector.
MAN also asked for a policy that would urgently allow companies and airlines to import diesel and aviation fuel respectively from the Republic of Niger and Chad.
MAN said by immediately opening up border posts in that axis for this purpose, the effect of high diesel and aviation fuel prices would be cushioned on the economy.