MAN urges apex bank to reduce interest rate

Okogba at Vanguard News -

The Manufacturers Association of Nigeria (MAN) yesterday said retaining the Monetary Policy Rate (MPR) at 14 per cent by the apex bank would negate growth of manufacturing sector. Mr Frank Jacobs, President, MAN, told the News Agency of Nigeria (NAN) in Lagos that the 14 per cent MPR would not boost domestic production. The post MAN urges apex bank to reduce interest rate.