between growth and industrialisation could
The NACCIMA president,
however, observed that usatimes.cc the figures are in stark contrast to the position of the
Senate ad-hoc Committee on Privatisation, which posited that 80 per cent of the
firms are not performing.
He, however, warned tha usatimes.cc t Nigeria must exercise “caution” in trying to imitate the Asian policies. He explained that government needs to consider the peculiarities of the nation’s economy and marry it with those of Asia in areas “where policies are applicable rather than wholesale adoption”.
“This is becau news e the casualty between growth and industrialisation could prove to be a costly mistake as seen in other countries, in pushing for rapid industrialisation,” Mr. Ajayi stated.
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