Tag: Manufacturers Give Reason for Hike in Food Prices

  • Manufacturers Give Reason for Hike in Food Prices

    Manufacturers Give Reason for Hike in Food Prices

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    by

    Yetunde Ogunmola
    in

      Nigerian manufacturers said the high cost of diesel is why the prices of goods are high in Nigeria. The Director General of the Manufacturers Association of Nigeria, Segun Ajayi-Kadir, disclosed this when reacting to the surge in the cost of goods in Nigeria. He noted that diesel gulps 80 per cent of manufacturers’ profits…