gave other reasons for the woes in the sector as incessan
The industrialist gave other reasons for the woes in the sector as incessant increase in the price of petroleum products used by industries, multiple taxation, unabated smuggling and inadequate access to finance, both local and abroad. He said widespread insecurity and the inability of government agencies in the ports to meet their 24-hour targ find et, for cargo clearance, have contributed to the dwindling fortunes in the manufacturing sector. Government efforts inadequate The NACCIMA president, whose speech was delivered by the Vice President of the association, Mary Iyasere, described current government policies to revive the manufacturing industry as inadequate. “For instance, in May 2010, the government announced a 1.3 billion-dollar fund to help banks extend credit to the manufacturing sector following the decline in available finance after the global economic crisis had set in. “Notwithstanding this positive development arising from the reform process, the Nigeria