Companies in Africa’s biggest economy are facing a cost-of-doing-business crisis as the soaring costs of diesel and transportation have made it increasingly difficult for them to operate. Fuel prices have soared since Russia invaded Ukraine in February, raising costs for firms in Nigeria, where
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Josephine Okojie-Okeiyi is a journalist with over five years’ reporting experience. She writes on industry, agriculture, commodities, climate change, and environmental issues. She is fellow of Thomson Reuters Foundation and Bloomberg Media Initiative for Africa.

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