Nigeria Loses U.S.$700 Million to Export Rejection

The President and Chairman, the Board of Trustees, African Export-Import Bank, Afrixembank, Prof. Benedict Oramah, has said that Nigeria has suffered a loss estimated at $700 million over rejected agro-produce.

Speaking at the official commissioning of the Africa Quality Assurance Centre (AQAC) in Sagamu, Ogun State, Oramah said Afrixembank is now working to address the problem.

original article  posted on Vanguard.

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