abril 13, 2019

Nigeria plans special economic zones to double manufacturing by 2025

Nigeria plans special economic zones to double manufacturing by 2025

1 minuto Nigeria announced on Wednesday a target to double its manufacturing output to 20 percent of GDP within six years and will set up production hubs across the country in partnership with regional aid banks.  Nigeria is Africa’s biggest economy but it lacks a strong manufacturing base, which contributes less than 10 percent to its total gross domestic product (GDP). The country has maintained a strong currency to ensure it can keep imports pouring in, with a growing proportion coming from China.  “Project Continue lendo