The manufacturing sector is struggling with high production costs and dwindling demand. According to the Manufacturers Association of Nigeria, 767 manufacturing companies shut down operations in 2023.

Economic instability, soaring energy and logistics costs, and currency volatility have driven industries such as Unilever, Diageo, and Procter & Gamble out of the country.

The World Bank projects Nigeria’s unemployment rate to be 4.84 per cent in 2025.

 The World Bank estimates that Nigeria requires $3 trillion over the next 30 years to bridge its critical infrastructure deficit.

 Therefore, it is disheartening that, instead of improving governance, the government has embarked on a political voyage for 2027.

 Opposition parties, which should be driving the ruling party to deliver good governance, are in disarray and busy defecting to the APC for selfish reasons. More governors and lawmakers may soon join the trend.

 It is inexplicable that the Independent National Electoral Commission remains silent while its rules on elections are flouted by some political parties. The electoral body must protect the sanctity and integrity of the electoral system by stopping such premature politicking in its tracks.