 03-Jun-19, The Sun 

When President Mohammed Buhari came to power on May 29, 2015 with the hope of repositioning the manufacturing sector he hinted that his administration would be committed to diversifying the economy by focusing more on the non-oil sector.

Image: The Sun

There were indeed high expectations as the Nigerian business community especially operating in the manufacturing sector jubilated at his coming. But four years down the line, many are lamenting that much of the expectations in the manufacturing sector were not met by Buhari’s administration.

In reality many local and foreign investors interested in the Nigerian manufacturing businesses like electronics, chemicals, vehicles, wood, and food, etc. were restricted from coming into the industry by stringent regulations, excessive running capital and unskilled labor among other.

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