Segun Ajayi-Kadir, Director-General (DG) of the Manufacturers Association of Nigeria (MAN), has called for government officials to face consequences for implementing policies that devastate businesses and disrupt the economy. Speaking during a forum themed ‘Nigeria’s Challenging Economy: Strategies for Recovery,’ organized by Channels Television in celebration of Nigeria’s 64th Independence anniversary, Ajayi-Kadir underscored the need for accountability within the government. “There must be consequences for government officials who make policies that ruin businesses,” Ajayi-Kadir stressed.
“I mean, you make a policy today, it becomes a disaster for industry, and government simply changes it, and you walk away. We don’t have this luxury in the private sector. If you make a mistake, your business is gone, and you could distrain your property.
So, I think we need to see that movement also on the part of government.” Tekedia Mini-MBA edition 15 ( Sept 9 – Dec 7, 2024) has started registrations; register today for early bird discounts. Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and i nvest in Africa’s finest startups here . Ajayi-Kadir’s remarks resonate with a growing belief among Nigerians that policymakers act recklessly because they face no accountability for the economic damage their decisions often cause. Many have argued that the country’s policymakers are shielded from the consequences of their act.
