Lamido Sanusi: “What is China exporting to Africa that can’t - TopicsExpress

Lamido Sanusi: “What is China exporting to Africa that can’t be produced in Africa? Everything was produced in Africa before structural adjustment. The situation can be explained by under-investment in technology, infrastructure and education. We need to compete with China, India, Brazil and others. Localisation of production is required. In Nigeria, we grow tomatoes but we import all tomato paste from China and a Chinese-owned company in Italy. Petroleum products are the largest UK export to Nigeria. It’s good that we’re now talking about industrial policy. It used to be taboo to mention it when discussing development”. My comment on this, Oga CBN governor we know this, how can we take action? How can we give Nigerian youth adequate and innovative education?

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