Sunday, 4th June 2023
<To guardian.ng
Search

How high inflation is affecting Nigeria’s auto parts market

By Guardian Exclusive
03 September 2022   |   10:58 am
Dealers and consumers alike are lamenting the galloping spike in the landing cost of automotive spare parts that has increased by at least 40 to 100 percent in the last couple of weeks. The upsurge in prices, on account of the protracted foreign exchange crisis, port charges, and logistics, robbed consumers of purchasing power and deprived dealers of patronage.

Related

11 Jun 2019
in 1994, in Epetedo, Lagos, the late Chief M.K.O. Abiola declared himself president of the Federal Republic of Nigeria. We met up with two men who witnessed and played key roles in the historic declaration.