Manufacturers in Nigeria are staring at fresh cost shocks after some of the world's largest shipping lines imposed new surcharges on cargo from China, the country's biggest source of imports, threatening to further erode margins at a time when weak consumer demand leaves little room to raise prices.
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Bethel Olujobi
Bethel Olujobi reports on trade and maritime business for BusinessDay with prior experience reporting on migration, labour, and tech. He holds a Bachelor's degree in Mass Communication from the University of Jos, and is certified by the FT, Reuters and Google. Drawing from his experience working with other respected news providers, he presents a nuanced and informed perspective on the complexities of critical matters. He is based in Lagos, Nigeria and occasionally commutes to Abuja.