As the ongoing United States of America and Israel’s combined military operation in Iran is disrupting global shipping and crude oil supply, Nigeria’s manufacturing sector is once again exposed to the vagaries of tempestuous global supply chain, writes Dike Onwuamaeze
The global economy is experiencing the third wave of disruptions in six year. The first was the COVID-19 pandemic that paralysed the entire world economy following a luckdown to contain its spread. The second was in 2022 when the outbreak of the Russia War in Ukraine caused significant supply chain disruption in the commodity market, especially gas and wheat.
Now the global economy is reeling under the strain of the ongoing United States of America (USA) and Israel’s combined military assults on Iran, which is tagged “Operation Epic Fury” and “The Lion Roars” by the USA and Israel…