Mr Oborevwori urged investors to explore the state’s expanding economic opportunities.
Credit to manufacturing fell by N1.92 trillion, from N8.53 trillion in December 2024 to N6.61 trillion in December 2025, representing a 22.5 per cent year-on-year contraction.
According to him, the chamber has undertaken two official missions to Nigeria annually in the last two years.
He said the policy aligned with MAN’s goals of promoting local manufacturing.
Mr Meshioye stated that the late president also provided solutions to some of the challenges confronting manufacturers.
MAN’s director-general, Segun Ajayi-Kadir, stated this during the 2025 World Metrology Day celebration held in Lagos on Tuesday.
Mr Olusi said that the MSMEs brought life to the local economy in the state.
In separate interviews with journalists on Monday in Ota, Ogun, Messrs Adegbite and Osabuohien said the policy would negatively impact the economy.
Mr Adegbite said on Friday in Ota that the development would disrupt production by manufacturers.
He warned that such would worsen production costs, intensify inflationary pressure, and further reduce consumers’ disposable income.
