With a combined manufacturing production value of N3.2 trillion in the second half of 2021, Lagos and Ogun industrial zones are responsible for 86 per cent of manufactured goods consumed in the country and exported.

According to the latest data released by the Manufacturers’ Association of Nigeria (MAN), of the N3.73 trillion worth of goods produced across 14 industrial zones nationwide, Lagos (Ikeja and Apapa) and Ogun zones accounted for the bulk of locally produced goods, while the remaining 12 zones recorded production value of N526 billion.

This further reinforces the claim that Lagos and Ogun remain the industrial hubs of the nation.

Specifically, in Lagos, the Ikeja zone recorded a production value of N1.81 trillion while the Apap zone’s value dropped to N526.9 billion. Ogun industrial zone produced goods worth N867.3 billion in the second half of the year.

Production value in the manufacturing sector totaled N7.03 trillion in 2021 as against N4.42 trillion recorded in 2020.

According to MAN, the increase in the manufacturing production value in the second half of 2021 was associated with the increase in cement production due to the new BUA cement factory in Sokoto; the African Glass new factory that produces glass products; and activities of the five newly established paper mills that recycle waste paper into carton.

Notwithstanding the improved performance of the manufacturing sector during the year, MAN, however noted that the performance is still far beyond its potential growth and contribution to national output due to almost innumerable challenges confronting the sector.

Although MAN claimed electricity supply from the national grid had marginally improved since 2019 as indicated by the average daily electricity supply and outage, the local producers stated that electricity supply from the grid had persistently been inadequate, compelling manufacturers to invest heavily in alternative energy sources to sustain uninterrupted production activity.

Based on identified circumstances, MAN said expenditure on alternative energy sources in the manufacturing sector stood at N45.04 billion in the second half of 2021 as against N57.75 billion recorded in the corresponding half of 2020; thus, indicating N12.71 billion or 22 percent declined over the period.

However, the figure increased by N12.86 billion when compared with N32.18 billion recorded in the preceding half. Expenditure on alternative energy sources stood at N77.22 billion in 2021 as against 81.91 billion recorded in 2020. The decline in expenditure on alternative energy sources in 2021 was ascribed to the marginal improvement in the national electricity supply over the period.

Source: https://guardian.ng/business-services/lagos-ogun-account-for-n3-2tr-of-nigerias-n3-7tr-production-output-in-h2-2021/amp/

CC: Mynd44 Lalasticala

In summary, based on official data from the Manufacturing Association of Nigeria (MAN).

In the second half of the year:

—Lagos and Ogun industrial zones are responsible for 86 per cent of manufactured goods consumed in the country and exported.

—Ikeja industrial zone recorded production value of N1.81 trillion.

—Apapa industrial zone recorded production of N526.9 billion

—Ogun industrial zone recorded production of 867.3 billion.

—The remaining industrial zones across Nigeria recorded production of N526 billion.

I no longer believe any news from this source. Too many fake news nowadays

Poto Poto people won't be happy with the news

Malory:
I no longer believe any news from this source. Too many fake news nowadays

That news is from the Manufacturing Association of Nigeria (MAN). They are the official body and they won’t dish out fake statistics.

The only interesting thing about this is that it shows Lagos is still the topmost manufacturing base. I used to think Ogun state surpassed Lagos at some point but now it’s glaring that Lagos still maintain that lead.

Those Lagos & Ogun industrial clusters account for 86% of the manufactured goods production in Nigeria. That’s freaking huge.

LegendHero:
In summary, based on official data from the Manufacturing Association of Nigeria (MAN).

In the second half of the year:

—Lagos and Ogun industrial zones are responsible for 86 per cent of manufactured goods consumed in the country and exported.

—Ikeja industrial zone recorded production value of N1.81 trillion.

—Apapa industrial zone recorded production of N526.9 billion

—Ogun industrial zone recorded production of 867.3 billion.

—The remaining industrial zone across Nigeria recorded production of N526 billion.

I'm so sure Oyo,Osun, Ondo and Ekiti will also have th highest share from the ₦526 billion.

ObosiLandlord:
I'm so sure Oyo,Osun, Ondo and Ekiti will also have th highest share from the ₦526 billion.

Your correct. Specifically Oyo state.

Malory:
I no longer believe any news from this source. Too many fake news nowadays

oya bring the one from this source,sore loser!

I hate Tinubu Urchins with passion but no doubt, Lagos and Ogun are doing well when it comes to manufacturing. Ogun is benefitting off being geographically close to Lagos

https://www.youtube.com/watch?v=C3GKDHvNTRM

Episode 2 ...

Yet they say south west not fit to be political head except SE & NE , who does that?

Lool. Largest market in Anambla and Aba in the mud. Sango ota has more output than all of Alaigbo. Not to mention igbara, ikeja etc. watch cretins come to claim Ogun and lagos. SW indigene beggars them

Development should be spread to South East; Aba and Onitsha metropolis should be industralised.

And they disliked Tinubu. Na so Nigeria go get high igr. Tinubu's next president whether Buhari likes it or not.

Hh

May God bless my yoruba brothers and yoruba land!!

Ofc
Everyone should know this alr

so you mean anambala the home of billionaires is not there?

I was expecting to see something like this in the order
1. Anambra
2. Abia
3. Enugu
4. Imo
5. Enugu

This Lagos-Ibadan express report is useless and concocted from Tinubu urchins.

Why is the report giving the impression that South East is parasite even though Nigeria gets 99.89 % of her wealth from there?

Bogus figures translating to nothing in Ogun State

LeoDeKing:
I was expecting to see something like this in the order
1. Anambra
2. Abia
3. Enugu
4. Imo
5. Enugu

This Lagos-Ibadan express report is useless and concocted from Tinubu urchins.

Why is the report giving the impression that South East is parasite even though Nigeria gets 99.89 % of her wealth from there?

awon ipigs have started again......lagos ibadan is better than d whole alaigbo put together

Both Apapa and Ikeja industrial estates were established by the great Awolowo during the western regional government.
When they say yamrees developed Lagos, I often laugh at their stupidity. When Awolowo was innovating and developing these money-spinner industrial estates, their forefathers were busy tapping palmwine and chasing yam legged Amaka in the village. shioorr.


-Okoro bufo

That's huge but still below expectations for a nation. Who claim to have a target for technology. Revolution. Were are. All the looters of Nigeria. Wealth ??What about My Eastern brothers ??it looks like they are more into China importation. Than Productions!!! That's not good for the nations GDP

Good. We are getting there

Malory:
I no longer believe any news from this source. Too many fake news nowadays

Really?

But if the news had stated that SE produced 86% of goods cunsumed and exported by the country, you would have swallowed it hook, line and sinker.

Hypocrite.

LeoDeKing:
Why is the report giving the impression that South East is parasite even though Nigeria gets 99.89 % of her wealth from there?

What exactly does the SE produce that gives the country 99.89% of her wealth

Nigeria GDP in 2021 was 71.3 Trillion Naira.

The same year, the industrial sector accounted for nearly 21% of the GDP, that is over 15 Trillion Naira.

But today, a Yoruba man is telling us that manufacturing (industrial sector) generated only 3.7 Trillion while Lagos and Ogun are responsible for 3.2 trillion, meaning the other 34 states generated only 500 billion.

Aba shoe industry alone is valued at over $350 million, that is about 144 billion Naira. That's is shoe alone ooh.

Take Yoruba people serious at your peril.


We rise!!!

Mandate2023:


awon ipigs have started again......lagos ibadan is better than d whole alaigbo put together

Na cruise him dey catch

ObosiLandlord:
I'm so sure Oyo,Osun, Ondo and Ekiti will also have th highest share from the ₦526 billion.

What manufacturing is happening in Osun, Ondo and Ekiti? Nothing!