Paul Alaje from SPM Professionals told a journalism training session in Abuja that Nigeria keeps spinning its wheels because the country never properly built out its manufacturing base. The economist said America and China both needed industrial revolutions before they became economic powerhouses, and Brazil followed the same playbook to lift millions out of poverty.
Manufacturing and construction need to become the priority instead of services dominating everything, according to Alaje. He pointed out that oil revenue looks good on paper but doesn't create enough jobs or spread wealth around. Premium Times ran the workshop with Central Bank backing to help reporters cover financial policy better through data analysis instead of just regurgitating statistics.
Manufacturing and construction need to become the priority instead of services dominating everything, according to Alaje. He pointed out that oil revenue looks good on paper but doesn't create enough jobs or spread wealth around. Premium Times ran the workshop with Central Bank backing to help reporters cover financial policy better through data analysis instead of just regurgitating statistics.
