Dollar scarcity: Nigerian manufacturers look to local alternatives for imported raw materials

Due to the difficulty in getting US dollars for import, Nigerian industrialists are increasingly using locally sourced alternatives to raw materials they previously used to import. For instance, one industrialist told Punch that his company had in the past month been using locally sourced soybeans instead of imported feeds. The current weakness of the naira…… Continue reading Dollar scarcity: Nigerian manufacturers look to local alternatives for imported raw materials