How high inflation is affecting Nigeria’s auto parts market
30 October 2022 |
3:30 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.
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