The sharp rise in energy costs has had a profound effect on Nigerian manufacturers, especially as power has now become one of the most significant contributors to production costs. In 2024 alone, the national grid has collapsed eight times, compounding the energy crisis.
Petrol prices have surged
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
