Wednesday 11 December 2019
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allafrica - 13 days ago

Nigeria: Umar - High Interest Rate Killing Shipping, Manufacturing Sectors

[This Day] The Managing Director/CEO, Seatransport Services Nigeria Limited, Aminu Umar, in this interview, told Eromosele Abiodun how high interest rate and short-term loans from Nigeria banks are impacting negatively on the shipping and manufacturing sectors. He also supported the Nigerian Ports Authority s decision to dismantle the secured anchorage area. Excerpts:

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