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Tag Archives: paint industry

Nigeria’s paint industry will hit $377m growth by 2025 — Business Expert

paint industry

Nigeria’s paint industry is projected to record five per cent growth rate from its present estimated $268 million (N96.50 billion) to $377 million (N135.80 billion) by 2025, a business expert has said. Chris Kiwamu, Managing Consultant, Kirsten Turner Consulting, made the projection on Wednesday in Lagos during the 30th Annual General Meeting of the Paint Manufacturers Association of Nigeria. He ...

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Paint industry’s contribution to GDP is low – Berger Paints

GDP

The country’s paints industry is not contributing enough to the Gross Domestic Product (GDP), according to Berger Paints Nigeria Plc. This was the opinion of the Managing Director/Chief Executive Officer, Berger Paints Nigeria Plc, Peter Folikwe on Tuesday at the Facts behind the Figures presentation at the Nigerian Stock Exchange (NSE). According to Folikwe, the low investment in the country’s ...

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Paint manufacturers urge government to develop local raw materials

Paint producers urge government to develop local raw materials

“Faced with dwindling foreign exchange earnings, the Paint Manufacturers Association of Nigeria (PMA) has urged the federal government to attach importance to the development of the raw materials base.”-The Guardian While pledging to encourage investors who are willing to invest in paint raw material production and development, they appealed to the government to extend intellectual, technological, legal and financial collaboration ...

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