NIGERIA SPENDS AVERAGE 3BN ANNUALLY ON IMPORTED GOODS

NIGERIA SPENDS AVERAGE 3BN ANNUALLY ON IMPORTED GOODS

Local manufacturers lose large amount of money because of inability to compete with imported goods and demands from the government. Nigeria which most individuals refer to as the giant of Africa, spends an average of 3 billion naira when importing goods to the country according to the President of Manufacturer Association of Nigeria (MAN) which in turns makes local manufacturer to lost a large amount of money because they cannot compete with the demand of…

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