Recession : Nigeria urged to shift focus

Image result for Good and services in nigeriaValue addition to primary commodities and services is critical to Nigeria’s recovery from economic recession.

An expert in the fast moving consumer goods industry, Alex Goma shared this view as a guest lecturer at the Mike Agbakoba’s memorial lecture in Lagos.

Goma explained that the government needed to shift focus and create an enabling environment for the service sector to contribute more to the economy.

He noted that the service sector currently contributes about 27% as against 80% obtainable in developed economies.

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