Ghana’s largest local beverage manufacturer, Kasapreko, has so far lost about US$2 million in revenue to the closure of the Nigerian-Benin Border, the Head of International Business Development for the company has said.

According to Francis Holly Adzah, even though the beverage firm “managed to send in three trucks of products to the Nigerian market moments before the border was closed,” four other trucks loaded with products – one at the border and the others at the premises of the manufacturing company – have been left grounded.

“In September, we lost US$1 million to the closure. October is almost ended and our checks show a loss of another million dollars. The situation is getting out of hand and very serious,” Mr Holly Adzah told reporters in an exclusive interview.

Checks have revealed the beverage firm has exhausted all its products in the Nigerian market – a critical situation which has seen them being overtaken by competitors.

Meanwhile, Kasapreko says it is venturing into other ready markets apart from Nigeria to make up for the losses.

According to Mr Holly Adzah, the company is looking at entering Ivory Coast, Senegal, Togo, Benin and other European markets.

Ghana’s exports to Nigeria was $80.96 million in 2018, according to the United Nations COMTRADE database on international trade.


https://mobile.ghanaweb.com/GhanaHomePage/business/Kasapreko-loses-about-US-2m-to-closure-of-Nigeria-Benin-border-791877

https://www.myjoyonline.com/business/2019/October-21st/kasapreko-loses-about-2m-to-closure-of-nigeria-benin-border.php

So all those Alomo bitters wey I dey drink na fake?I no go buy alomo again.

Lol

Mirrorlenz:
Ghana’s largest local beverage manufacturer, Kasapreko, has so far lost about US$2 million in revenue to the closure of the Nigerian-Benin Border, the Head of International Business Development for the company has said.

According to Francis Holly Adzah, even though the beverage firm “managed to send in three trucks of products to the Nigerian market moments before the border was closed,” four other trucks loaded with products – one at the border and the others at the premises of the manufacturing company – have been left grounded.

“In September, we lost US$1 million to the closure. October is almost ended and our checks show a loss of another million dollars. The situation is getting out of hand and very serious,” Mr Holly Adzah told reporters in an exclusive interview.

Checks have revealed the beverage firm has exhausted all its products in the Nigerian market – a critical situation which has seen them being overtaken by competitors.

Meanwhile, Kasapreko says it is venturing into other ready markets apart from Nigeria to make up for the losses.

According to Mr Holly Adzah, the company is looking at entering Ivory Coast, Senegal, Togo, Benin and other European markets.

Ghana’s exports to Nigeria was $80.96 million in 2018, according to the United Nations COMTRADE database on international trade.


https://mobile.ghanaweb.com/GhanaHomePage/business/Kasapreko-loses-about-US-2m-to-closure-of-Nigeria-Benin-border-791877

Good for you.

Chai... Other brands ti take over

Eyaaah Nigerian brand should take over..border remain closed

Eeyah!

GreetMe:
Eyaaah Nigerian brand should take over..border remain closed

Almo and foreign rice should step aside for made in Nigeria.
Nigeria first.

OK now, Ghanaians tells us who be your daddy just closure of land boarder and everything is moving down