Nigerian Families Struggle Amidst Soaring Food Prices and Inflation

Millions of Nigerians face severe food insecurity as the country grapples with record-high inflation. Sweeping economic reforms, including the removal of fuel and electricity subsidies, have spiked prices for basic staples. The situation is exacerbated by climate shocks and attacks on farms, leading to nationwide protests.


Devdiscourse News Desk | Updated: 19-08-2024 13:32 IST | Created: 19-08-2024 13:32 IST
Nigerian Families Struggle Amidst Soaring Food Prices and Inflation
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LAGOS, Aug 19 (Thomson Reuters Foundation) - Bola Adeshiyan, a 55-year-old cook, hasn't eaten for 16 hours as she struggles to keep her family fed amidst soaring food prices in Nigeria. To stave off hunger, she walks the bustling streets of Lagos, where many residents face similar hardships.

Adeshiyan's weekly earnings of 10,000 naira ($6.49) barely cover groceries for her family. 'I can't remember the last time we had dinner this year,' she shares. Many Nigerian families, hit hard by inflation and economic reforms, go to bed hungry. President Bola Tinubu's recent cancellation of fuel and electricity subsidies and devaluation of the naira have only worsened the crisis.

The country has seen skyrocketing prices for staples like rice, beans, and bread. Nationwide protests have erupted, resulting in clashes with police and fatalities. Economic reforms combined with climate shocks and armed attacks on farms have pushed millions into food insecurity. Despite calls for subsidy restoration, Tinubu urges patience, promising infrastructure investments and social programs.

(With inputs from agencies.)

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