The Manufacturers Association of Nigeria (MAN) has decried the deteriorating state of insecurity in Nigeria
The umbrella body of manufacturers, in a statement signed by it’s Director General, Segun Ajayi-Kadir, expressed concern oner the recent kidnap of the Chief Executive of Fouani Group. He commended the bravery of security agencies in securing the release of the victim.
MAN further highlighted that the entire manufacturing community in the country is in shock over the undesirable incident, while raising questions about the safety of its chief executives and the entire workforce in the sector.
Ajayi-Kadir stated, ” The Association, on receiving the news of the unfortunate incident, frantically made contact with relevant authorities, including security agencies, to express its deep concerns and to reaffirm its confidence in the ability of the agencies to briskly bring an end to the nightmare.
“We are glad that the efforts of the security agencies paid off and yielded results without casualties among the victims. MAN commends the security agencies for the safe release of Mr. Fouani.”
While sympathizing with the released Chief Executive of Fouani Group for his ordeal in the hands of the kidnappers , MAN expressed solidarity with the family of the victim.
The Association expressed fears that if the current state of insecurity is not promptly tackled, investor confidence in the country would wane, posing a significant threat to businesses and the overall economic development of Nigeria thereby rubbishing the efforts of the President Tinubu’s administration to reposition the economy for growth.
The association in reaffirming its commitment to the safety and well-being of its members maintained that it will continue to collaborate with authorities to address security challenges affecting the manufacturing sector in particular and Nigeria as a whole .