NCITI

Business

Compete or Concede the Market”: Bakrin Tables Four Resolutions to Cut Nigeria’s Cost of Production

The Executive Secretary of the National Sugar Development Council (NSDC),Mr Kamar Bakrin has observed that Nigeria’s factories pay two to ten times more than competitors for power, credit and logistics. This was contained in a statement issued to Global Newsday in Abuja said Mr Bakrin made the observation while presented his paper title "Industrial Competitiveness and Productivity Enhancement" during 17th National Council on Industry, Trade and Investment (NCITI) meeting held in Enugu.