lingers

Manufacturers, SMEs Groan As Border Closure Lingers

Small and Medium Scale Enterprises (SMEs) are as old as other larger businesses in Nigeria. As the economy improves, trading conditions get better for the small businesses but as the trading environment gets harsh by the day, the small enterprises are worst hit due to the nature of their industry.

The closure of Nigeria’s land borders since August 20 this year appears to be taking a huge toll on manufacturers and even the small businesses across the country and the impact is showing everywhere.

Three months after, while some stakeholders are in deep pain, others are smiling to the bank …