African Development Bank (AfDB) has criticised Nigeria’s decision to concentrate on import substitution model, instead of creating wealth through export market development and product diversification.
This was as Director General of Nigeria Employment Consultative Association (NECA), Adewale Oyerinde, called on the Federal Government to abolish taxes on carbonated drinks, saying suspension by President Bola Tinubu is not enough.
Speaking in Abuja, yesterday, at the Nigeria Employment Summit, organised by NECA, Oyerinde insisted that improving taxes on manufacturing outfits amounts to digging while in a pit
