Nigerian businesses spent N1.22tn on consumer goods imports in 2021, according to the Foreign Trade Statistics of the National Bureau of Statistics (NBS). This was a 109.25 per cent increase from the N584.41bn spent on importing consumer goods in 2018. The consumer goods imported into the country are categorised as durable, semi-durable and non-durable. In … Continue reading Consumer Goods Imports Increase By 109.25% Despite Dollar Shortage