Nigeria, April 16 -- The Manufacturers Association of Nigeria (MAN) has warned that the 14 per cent tariff on Nigerian exports imposed by the United States could hurt the country's manufacturing sector, reduce export earnings, and derail efforts to grow the economy.
In a statement issued on Tuesday, signed by the Director General, Segun Ajayi-Kadir, MAN said the policy would affect agro-processed goods, chemical and pharmaceutical products, and other value-added exports.
It warned that Nigeria could lose between N1 trillion and N2 trillion in annual agricultural export earnings as a result.
"Undoubtedly, the United States remains one of Nigeria's most significant trade partners, accounting for approximately 7 percent of its non-oil exp...
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