Why locally made goods can’t compete with Imports, By Olumide Awoyemi

Walk into any policy discussion on Nigerian manufacturing, and you’ll hear the same refrain: local producers need protection from imports. Poultry farmers want tariffs on frozen chicken. Fish processors demand import restrictions. Local refineries want tariffs on imported fuel. Textile manufacturers plead for border controls. The pattern repeats across nearly every sector of the economy….

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 The Innovation Deficit: Why Nigeria’s Traditional Industries Remain Frozen in Time, By Olumide Awoyemi

The 2025 Nobel Prize in Economics has been awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for explaining how innovation drives sustained economic growth. Their research reveals a profound truth: for the first time in human history, the last two centuries have witnessed continuous economic growth that has lifted vast numbers out of poverty….

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