The Director, Chief Executive Officer Center for the Promotion of Private (CPPE) Muda Yusuf has attributed the negative performance of five economic sectors in the first six months of 2023 to the domestic reforms of former President Muhammadu Buhari Administration.
The key sectors that contracted included agriculture, mainly the livestock sub-sector, oil refining, textiles, rail transportation, and insurance while manufacturing, food and beverage; chemical and pharmaceutical; vehicle assembly; road transport; Information and Communications Technology (ICT); financial institutions; and real estate grew positively in the period under review.