Nigeria’s Manufacturing Sector Still Gasping for Breadth
Nigeria’s manufacturing sector is in crisis, with falling output, closed factories and rising imports, endangering jobs and the nation’s economic independence. Without urgent intervention, the decline could deepen poverty and erode national resilience, writes Festus Akanbi At a time when Nigeria’s leaders speak glowingly of reforms and renewal, the numbers emerging from the manufacturing sector tell a sobering story, one of steady decline, diminishing capacity, and a gathering storm that could threaten the country’s economic independence. Once…