The Manufacturers Association of Nigeria (MAN) has applauded the launch of local polypropylene production by Dangote, describing it as a game-changer for the country’s economy.
The association believes this move will rejuvenate Nigeria’s struggling textile industry and significantly reduce reliance on expensive imports.
MAN’s Director-General, Segun Ajayi-Kadir, highlighted the impact of this development during a television interview, stating that the textile industry, once a key employer in Northern Nigeria, had suffered due to a shortage of locally available raw materials.
“With the commencement of polypropylene production by Dangote, Nigeria will no longer have to import 90% of its annual polypropylene needs,” Ajayi-Kadir said.
“This will not only save $267 million in foreign exchange but also strengthen key industries such as textiles, plastics, and furniture.”
He added that local production would attract more investments, lower manufacturing costs, and play a vital role in economic expansion.
The newly established $2 billion petrochemical plant in Lagos is expected to produce 900,000 metric tonnes of polypropylene annually, surpassing Nigeria’s demand and potentially positioning the country as an exporter in the global market.