Nigeria TV Info — LCCI Raises Alarm Over Declining Manufacturing Investment

The Lagos Chamber of Commerce and Industry (LCCI) has expressed concern over the continuous decline in investment within Nigeria’s manufacturing sector.

According to the chamber, the persistent drop in capital inflows reflects investors’ growing apprehension about making long-term commitments to the country’s real sector.

LCCI noted that the manufacturing industry, which serves as a critical driver of economic growth and job creation, is being undermined by policy inconsistencies, rising production costs, and infrastructure gaps.

The body further warned that unless deliberate measures are taken to restore investor confidence and strengthen the sector, Nigeria risks losing its competitiveness in regional and global markets.