Due to the rising inflation rate in the country which has affected small, medium and large scale businesses, manufacturers association of Nigeria said second quarter of the year was wost for them.
The association noted that they ought to adopt strategies to remain afloat in the sector.
According to their report in industrial zones activities, it showed that the operating environment in Middlebelt and Rivers/Bayelsa zones were the toughest during the quarter under review.
Their report also indicated that some of the economic crisis is as a result of the Russia and Ukraine conflict.
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