New minimum wage boosts household purchasing power, enables greater spending on imported products The continued depreciation of the naira is set to drive Nigeria’s import bill to an unprecedented N66.89 trillion in the 2025 fiscal period, marking a significant rise of N34.4 trillion compared to current levels. The amount is captured in the 2025-2027 Medium-Term […]

The post Nigerians’ appetite for foreign products to increase import bill from N34.4trn to N66.89trn in 2025 appeared first on ThePointNG.