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Russia makes N21.84bn from Nigeria – NBS

The National Bureau of Statistics (NBS) in its foreign trade report revealed that Russia in the second quarter of 2022, sold to Nigerian market N21.8 billion worth of goods, despite its ongoing war with Ukraine.

The report showed that the second quarter sales by Russia to the Nigerian market was a massive increase of 143 per cent when compared with N8.98bn in Q1 2022.

This increase is against the prediction that Nigeria’s imports from Russia might be at risk with the ongoing conflict.

Source:Rootstv
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