Nigeria: Policy Inconsistency Bane of Manufacturing Sector, Says Obasanjo

2 July 2012

Inconsistency and lack of coordination in policy formulation by the government is one of the major reasons behind sluggish growth and development in the manufacturing sector, former President, Chief Olusegun Obasanjo, has said.

Delivering a paper, "Strategies for Accelerated Development of the Manufacturing Sector: The way Forward," at the 40th Annual General Meeting of the Manufacturers Association of Nigeria (MAN) in Lagos, Obasanjo, stated that lack of cooperation among different stakeholders in the industry and unpatriotic attitude towards locally manufactured goods are part of the constraints to the growth of the sector, calling for ban of imported products into the country.

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