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Nigerian startups now allowed to import up to $20k worth of goods per quarter
- existencebox 9y agoThis article isn't getting much press, but I had a ton of follow up questions as this is a space (nigeria + imports) I know very little about. Does this mean Nigerian small businesses couldn't import goods prior? I would imagine this imposed severe problems? And as to what they are now needing to import, this seems to discuss Forex, but then more physical goods. Can anyone speak to where the major barriers have been historically, or in what goods systems for this sort of novel provisioning was most lacking?