NewsBreakNigeria
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USD/NGN 1,331.28GBP/NGN 1,761.59USD/NGN black market ₦1,370GBP/NGN black market ₦1,850EUR/NGN 1,497.69JPY/NGN 8.44CAD/NGN 934.35

Manufacturers deepen local raw materials sourcing, up 11% in 3yrs

By Yinka Kolawole Nigeria’s manufacturing sector recorded a steady increase in the use of locally sourced raw materials between 2021 and 2024, with the share rising from 51.5 per cent in 2021 to 57.1 per cent in 2024,…

Aggregated · originally by Vanguard
5 Oct 2026, 06:30 WAT · 3 min read
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Manufacturers deepen local raw materials sourcing, up 11% in 3yrs

By Yinka Kolawole Nigeria’s manufacturing sector recorded a steady increase in the use of locally sourced raw materials between 2021 and 2024, with the share rising from 51.5 per cent in 2021 to 57.1 per cent in 2024,…