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why is it called black market? Smartpreneur teaser

Why is it called the Black Market?

I first heard the term “black market” sometime in 2007. I think fuel was retailing at N65 per litre at the time. A fellow youth in my church bought 20 litres of fuel for a youth programme and reported that she bought it at N75 per litre. Even though I could not understand why a person would opt to buy…

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