Invest Advocate (Nigeria) published an article on trade restrictions and how Nigeria depends heavily on imports and as such, movements in exchange rates have a direct impact on consumption patterns. The article quoted from IFPRI research and the blog post, COVID-19: Trade restrictions are worst possible response to safeguard food security, writing “at least 37 countries have enacted various forms of food export restrictions in response to Covid-19 including those where average output for the products in question exceeds domestic consumption.” Republished in Proshare Intelligent Investing
Looking at Home for Policies and Solutions (Invest Advocate)
April 30, 2020