Nigerian manufacturers are facing high production costs due to the naira's devaluation and since they rely on imported raw materials.
Over 70 percent drop in the naira's value from 460 to the dollar around 2023 to 1,579 now has increased their input expenses.
The Manufacturers Association of N
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Juliet Onyema
Juliet Onyema is a transport journalist who reports on Nigeria’s transport and automobile industry. She covers emerging Electric Vehicles (EVs), ranging from adoption to usage, automobile firms and transport policies which affect them, and also recurring trends affecting commuters’ mobility interstate and intrastate.
