The Impact of Fuel Price Hikes and Unstable Electricity on Nigerian Businesses
In recent years, the average Nigerian businessman has faced a growing list of challenges. Among the most pressing are the ever-increasing price of fuel, the soaring cost of electricity, and the all-too-frequent national grid collapses that plunge the country into darkness for days. These issues have created a tough environment for Small and Medium Enterprises (SMEs), which are the backbone of Nigeria’s economy.
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