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.
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