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.