The president of di bank, Dr Akinwumi Adesina, talk dis one for Monday for Abuja during the 2nd Edition of Nigeria Employers’ Summit.

Adesina talk say if Nigeria fit get vibrant and competitive private sector, e fit help to diversify di economy and boost exports. But e talk say development of private sector for Nigeria dey face challenge sake of policy inconsistencies and implicit taxation.

The president of AfDB talk say e dey unfortunate say many private sector companies for Nigeria dey suffer from heavy implicit taxes.

E still talk say Nigeria fit learn from di experience of countries wey don attract foreign direct investment (FDI) into dia manufacturing sectors.