Muda Yusuf, director-general, Lagos Chamber of Commerce and Industry (LCCI), told BusinessDay that naira depreciation will increase the cost of production for Nigerian manufacturers who rely heavily on imported raw materials.
According to Yusuf, the increased cost of raw materials will translate in
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ODINAKA ANUDU
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
