Akinwumi Adesina: No Business Can Survive In Nigeria Without Generators
President of the African Development Bank (AFDB) Akinwumi Adesina has revealed the actual cause of lack of growth in the Nigerian industries.
According to him industries in Nigeria are not seeing any growth because it lacks reliable power supply.
He made this revelation while speaking on Tuesday at the 49th annual general meeting of the Manufacturers Association of Nigeria (MAN) in Abuja.
Adesina stated that Nigeria loses $29 billion annually which is about 5.8 percent of the country's Gross Domestic Product (GDP)…