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How High Cost Of Living Is Affecting Nigerians
Cost of living in Nigeria is spiraling out of control. Prices of food and other consumables have soared more than 100% and have become out of reach for the average Nigerian, resulting in a wave of protests across the country in recent times.
The country’s currency is not left out, the naira has been witnessing a free fall with $1 exchanging for as much as N1,500 worsening the already fragile economy of the country.
Gist Nigeria’s Mercy Frank takes a look at how rising costs are affecting families in five Nigerian states as experts proffer viable solutions.
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