Paper mills collapse: Nigeria loses ₦674bn annually to foreign producers

Nigeria is losing roughly ₦674 billion each year as domestic primary paper manufacturers have shut down over the past 26 years, forcing reliance on imported paper. The loss hurts the economy, drives up prices and eliminates local jobs in the paper sector.

NIGERIA may be losing about ₦674 billion annually to foreign paper mills as the domestic primary producers closed shops over the past 26 years. The post Paper mills collapse: Nigeria loses ₦674bn annually to foreign producers appeared first on Vanguard News.