Nigeria records N124.77b trade deficit in Q1 - The Nation Nigeria

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Nigeria records N124.77b trade deficit in Q1 - The Nation Nigeria
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Nigeria records N124.77b trade deficit in Q1

Nigeria recorded a trade deficit of N125.77billion in the First Quarter of 2020, the National Bureau of Statistics has disclosed.

According to the report, Nigeria exported N111. 06 billion commodities from China and imported N1.1trillion worth of items from there in the Q1. Nigeria, said the report, exported commodities worth N319.47 billion to South Africa from where she imported N40.6 billion worth of commodities.

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