Main content

How are Nigerians navigating the turbulent economy?

High fuel prices and soaring inflation mean people can buy less for their naira

At Balogun market in Lagos almost everybody has something to say about the economy.
Financially, Nigerians have been on a bumpy ride since the election in February.
The new government removed fuel subsidies, meaning every car journey now costs significantly more.
A weak naira is adding to the price of imported goods. And inflation is soaring.
So, how are people coping? How are they still striving to thrive?
And why aren鈥檛 people excited about a government plan to put a bit of extra cash in their pockets?

#AfricaDaily

Release date:

Available now

22 minutes

Podcast