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Nigerian manufacturers lament Forex scarcity

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Image result for Nigerian manufacturers lament forex scarcityThe scarcity of foreign exchange  has  hit   hard on the manufacturing sector in  Nigeria, prompting calls   on the government   to  intervene.

At  the  weekend, the  President of  the Association of  Micro Entrepreneurs of Nigeria, Saviour Ichie, said  production companies had  collapsed.

He noted that  local  manufacturers  were  facing   harsh huge cost of  raw  materials  and unfriendly   work environment.

He pleaded  with  the  government  to   look forward and  nurture  local  firms  to create employment.

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