Poor power supply to industrial zones, abrupt change and
reversion of policies, as well as shortage of needed skills in
industries have continued to dampen the chances of Nigeria’s
manufacturing sector achieving 70 percent capacity utilisation which is
the minimum target for any country aiming to become a frontier economy.
These shortcomings are also frustrating the chances of the
manufacturing sector actualising a double-digit (13 percent target)
contribution to Gross Domestic Product set by experts, while also
preventing the industry from creating sufficient jobs for the teeming
unemployed population.