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Nigeria pushes industrialization to diversify economy, reduce raw material export dependence.
Nigerian officials have emphasized the need for industrialization to boost the economy and reduce reliance on raw material exports.
The newly established Industrial Revolution Work Group (IRWG) aims to revitalize dormant industries, improve infrastructure, and streamline customs processes.
Former Minister Olusegun Aganga highlighted China as a successful model and stressed the importance of public-private collaboration.
The government has committed to improving power supply, transportation, and access to finance, while also investing in skills development and vocational training.
The goal is to create a more competitive and diversified economy.
Nigeria impulsa la industrialización para diversificar la economía, reducir la dependencia de las exportaciones de materia prima.