1986Event
Naira devaluation raises import costs
SAP's exchange-rate changes made imported inputs and consumer goods more expensive.
Hall of FameMilitary II
1986
Naira devaluation raises import costs
SAP's exchange-rate changes made imported inputs and consumer goods more expensive.
1000reasons.voteEditorial timeline entry
What happened
SAP's exchange-rate changes made imported inputs and consumer goods more expensive. Urban households and import-dependent firms absorbed the shock.
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