Spiraling inflation, forex crisis, comatose power stretching manufacturers to breaking point

Pages: [1] Go Down

Topic: Spiraling inflation, forex crisis, comatose power stretching manufacturers to breaking point (Read 906 times)

0 Members and 1 Guest are viewing this topic.

Spiraling inflation, forex crisis, comatose power stretching manufacturers to breaking point

« on: December 13, 2023, 01:01:55 AM »

Spiraling inflation, forex crisis, comatose power stretching manufacturers to breaking point

EDIDIONG IKPOTO critically examines how manufacturers continue to suffer the devastating consequences of Nigeria’s protracted macroeconomic headwinds Over the past decades, the problems confronting Nigeria’s manufacturing sector have not particularly been novel. From a perennial power shortage, the continued devaluation of a currency which was once at par with the Pound Sterling, and policy somersault

Read More
Source: Spiraling inflation, forex crisis, comatose power stretching manufacturers to breaking point

-----------------------------------------------------------------
Invest in Bitcoins: https://hashflare.io/r/CF2F6691
-- News feed from http://www.punchng.com/

Logged

Pages: [1] Go Up

« previous next »

Related Topics

Subject / Started by	Replies	Last post
Burundi Crisis Reaching Critical Point, Experts Caution Started by sahara Newspaper Board	0 Replies 1751 Views	December 20, 2015, 07:00:34 PM by sahara
Forex scarcity, N300bn revenue shortfall hit power firms Started by olutee Newspaper Board	0 Replies 1993 Views	May 18, 2016, 01:00:15 PM by olutee
CBN lifts manufacturing, power with $660m forex Started by thenation Newspaper Board	0 Replies 1206 Views	November 18, 2016, 01:00:48 PM by thenation
CBN threatens to sanction banks without forex sales point Started by olutee Newspaper Board	0 Replies 1263 Views	September 19, 2017, 01:03:53 AM by olutee
Food Crisis Will Worsen If Nigeria Embarks On Second Lockdown – Manufacturers Association Started by sahara Newspaper Board	0 Replies 1302 Views	December 19, 2020, 01:00:59 PM by sahara
CBN: Redesigning naira may worsen forex crisis – Moghalu identifies dangers Started by flukky-1 Newspaper Board	0 Replies 1083 Views	October 29, 2022, 01:03:36 PM by flukky-1
Forex crisis: Trapped funds hit $567m as FG meets airlines Started by olutee Newspaper Board	0 Replies 827 Views	November 07, 2022, 01:33:00 PM by olutee
FX crisis: Tinubu begs Nigerians to buy local goods, approves N75bn for manufacturers Started by flukky-1 Newspaper Board	0 Replies 1160 Views	March 24, 2024, 07:02:52 AM by flukky-1
Report: Manufacturers Optimistic Falling Inflation, New Minimum Wage Will Lower Cost, Improve Sales Started by thisday Newspaper Board	0 Replies 1135 Views	August 19, 2024, 07:02:36 AM by thisday
Inflation: Manufacturers record 90.6% rise in cost of sales Started by clowntom Newspaper Board	0 Replies 402 Views	March 24, 2025, 01:00:59 PM by clowntom