NEWS: ‘Business Managers, Entrepreneurs Must Prioritise Tech, Deepen Backward Integration’

The Centre for the Promotion of Private Enterprise (CPPE) said, business managers and owners need to prioritise technology to reduce cost and ensure competitiveness while charging industries to deepen backward integration to reduce forex exposure.

CPPE, in its report on ‘Nigeria 2024 Economic Review and 2025 Outlook,’ advocated reduction in debt financing to reduce the burden of high interest rate; adoption of efficient energy solutions to reduce the pressure of high energy cost,…

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