The Manufacturers Association of Nigeria (MAN) has decried the 10 per cent contribution of the manufacturing sector to the Gross Domestic Product (GDP), attributing the trend to low industrialization of the country.
President of MAN, Ahmed Mansur, disclosed this at the 33rd yearly general meeting of the Anambra, Ebonyi and Enugu chapters of the association, held in Enugu at the weekend.
“I am aware some of the operators are struggling under the weight of overwhelming infrastructural deficit, multiple taxation, power supply and other challenges”, he noted. Although she explained that the government had good intentions when it moved to diversify the economy from oil to gas with the Gas Master Plan, the idea, according to her had given more advantage to manufacturers in the Northern and Western parts of the country than those of the southeast region, making it difficult for them to compete effectively.
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