
Smuggling, gas, FX threaten survival of Lucky Fibres
Incessant smuggling of textile products into Nigeria, gas shortages and foreign exchange scarcity are threatening the survival of one of the few surviving carpet and rug makers in the country, Lucky Fibres Nigeria plc. “Influx of substandard carpets has been a very big challenge for us,” Kemi Ajibade, head of human resources at Lucky Fibres.
Related Posts
Cigarette smuggling on the fast rise
August 20, 2014
The cigarette black market has increased very fast in July 2014, up to 17%,...
More than 9,000 pairs of fake Nike runners among items seized by officials
November 25, 2024
Revenue on Monday put on display a selection of the more than 9,000 pairs of...
Counterfeit vodka finding leads to suspended sentence
August 12, 2016
Ian Baldwin of Grangeway pleaded guilty to 21 offences relating to counterfeit...
Counterfeit currency of face value Rs 26 lakh seized last year: Delhi Police
February 27, 2022
New Delhi, Feb 27 (IANS): The Delhi Police's anti-terror unit, the Special Cell,...