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The text discusses the negative impact of Structural Adjustment Programs (SAP) on Nigeria's manufacturing sector, highlighting low capacity utilization and increased reliance on imports. Key figures in the industry express concerns over government policies that favor imports over local production, particularly in sectors like food, beverages, and textiles. The introduction of tariffs and duties has made it cheaper to import finished goods than to produce them locally, leading to the decline of local manufacturers. The text emphasizes the need for better government planning and support for local industries to reduce dependency on imports and revive the manufacturing sector.
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