Nigerian businesses lament impact of coronavirus in China - Premium Times Nigeria

in Wuhan, the capital of Hubei province in Central China, in December last year, some factories in China have remained closed, while workers have been forced to stay out of work as part of attempts by authorities to curtail the spread of the virus.

“Many of the products we are selling and the ones that are coming from ports are the ones we have already bought before the outbreak. China remains Nigeria’s biggest source of imports. About N1.99 trillion worth of goods were imported from the Asian country in the first half of 2019, according to the Nigeria Bureau of Statistics . Nigeria imports different kinds of goods ranging from personal effects to industrial machinery and raw materials.

The Senate health committee had earlier asked the Federal Ministry of Health to set up a ‘Health War Room’. He also predicted that by April, Nigeria would experience about 50 per cent of an increase in the price of board woods.”Factories are closed down. We are just selling what we have purchased before the outbreak, although people are still getting products. But, those are the ones that have already been shipped into the waters of the Nigerian ports before the outbreak.

”I intend to channel my trip to Dubai next I am out of stocks. This whole thing has been giving me headaches, but I believe God is in control.””The coronavirus has affected our businesses here, Mr Olawale said. ”for instance, some of us going over there have not been able to go because of the fear of the virus.

Do not rely on China alone. Look out for alternative in other countries.

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