✓ How Nigeria Can Move From A Consuming Nation To A Producing Nation

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Nigeria, a nation of more than 200 million people, has long been an importer, heavily reliant on goods, technology, and knowledge from abroad. The economy of the nation has suffered as a result of this reliance on imports from abroad because it leads to a trade deficit, high inflation rates, and a country's vulnerability to outside economic shocks. Nigeria, however, has the potential to transform from a consumer nation to a producer nation with the appropriate investments and policies.

Focusing on domestic production is the first step in achieving this objective. Local producers should be supported by the government by way of the appropriate money, infrastr…

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