TVC News Nigeria gives us a report on supply chain failures in Nigeria
The war in Ukraine is having a significant impact on the supply chain and economy of Nigeria. The war has disrupted the supply of oil and gas from Russia to Europe, which has in turn led to a shortage of these products in Nigeria. This has caused the price of oil and gas to skyrocket in Nigeria, and has led to a significant decline in the Nigerian economy. The war in Ukraine is also having a negative impact on the Nigerian banking sector, as banks are increasingly reluctant to lend money to businesses in Nigeria due to the high risk of default. As a result, many businesses in Nigeria are struggling to survive, and the Nigerian economy is in a very precarious state.
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