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Nigeria’s Manufacturing contribution to GDP remains low

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Part of the reason why the Nigerian economy has not made significant progress in reducing unemployment and poverty is largely as a result of the gradual decline of the Manufacturing sector. From contributing close to 20% to GDP in the early1980s to just 10% in 2018, the sector has overtime become structurally weak and continues to grapple with disruptions which has limited productivity and expansion. Improving the manufacturing sector should be a matter of priority and necessity if Nigeria is to address key developmental challenges.

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