The United Nations Industrial Development Organisation has said the absence of critical infrastructure like power is contributing to the non-competitiveness of goods produced in Nigeria.
The event with the theme, ‘Paying the price: The cost-of-living crisis’, had the Senior Special Assistant to the President on Youth Empowerment and Job Creation, Mr Afolabi Imokhuede, and the Fiscal Policy Partner and Africa Tax Leader at PwC, Mr Taiwo Oyedele, in attendance. “If you look at countries like Botswana and Chile, which used to be very poor, they are now out of the league and are doing very well, due to manufacturing. It relies on very important tenets like quality infrastructure, like power and road, and when you are talking about manufacturing, it needs access to market and affordability.
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