Manufacturers operating in the consumer goods sector are battling with rising input costs which are inflation-infused.
Eight firms analysed by BusinessDay recorded an 85.7 percent surge in input cost to N3.12 trillion in 2024.
Analysts are of the opinion that the impact of rising inflation on
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
