Commodities | |
Commodities | |
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Wednesday, May 22, 2019 9:31AM /by FDC Ltd
The
aluminium production industry has become a perpetual under-performer in
Nigeria. This is in spite of all the numerous incentives offered to
manufacturers. Aluminium products including roofing sheets and window frames
are in high demand especially with the real estate sector growing positively
for the first time in three years.
Global
output of aluminium is projected to increase by approximately 4% in 2019.
Nigeria remains a fringe player in the growing global market. The current
disturbances in Zamfara state could hinder the mining and quarrying sector’s
growth (-1.23%) in subsequent quarters.
The attached slides address these and other issues
in the domestic and global commodities market.
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