Manufacturing
sector output rose 121 percent year-on-year to N483.53 billion in the second
half of 2013 (H2 2013) against the N218.64 billion recorded in the
corresponding period of 2012, latest data released by the Manufacturers
Association of Nigeria (MAN) have shown.
Three
key sectors which drove this push include the non-metallic products, the paper
and the basic metals sectors.
Output
in the non-metallic products sub-sector, comprising cement, ceramics, glass and
chalk industries, rose to N215.79 billion in H2 2013, from N8.49 billion
recorded in H2 2012. This implies that this sector reported a 2,440 percent
spike in 12 months.
Similarly,
output in the pulp, paper, printing and publishing sub-sector rose by 386
percent to N18.41 billion in H2 2013, from N3.78 billion recorded in H2 2012.
Furthermore,
