The Saturday Meeting Nigeria Forgot — And the $30 Billion Industry That Paid For It
There was a time when Nigeria's manufacturers didn't have to fight for a seat at the table. They had a standing one — every Saturday, inside Aso Rock, across from the president himself. Under Olusegun Obasanjo, mandatory Saturday meetings between the presidency and manufacturers weren't a courtesy. They were policy by proximity. Industry titans — Aliko Dangote, Tony Elumelu, Femi Otedola among them — walked into that room with real problems and, more often than not, walked out with real answers. Access wasn't a favor. It was the system working as intended. That system is gone. And the numbers suggest Nigeria is still paying for its absence. What "Collapse" Actually Looks Like in Numbers According to data from the Nigerian Economic Summit Group, manufacturing's contribution to Nigeria's GDP slid from 9.2% in 2018 to just 8.6% in 2024. On paper, that's a modest-looking six-tenths of a percentage point. In practice, it represents an entire productive...