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Nigeria cost-of-living crisis: 'We're struggling with a lot of things'
The rising cost of living in Nigeria, Africaβs biggest economy, is taking its toll on residents and business owners. Prices have been rising rapidly, by 30% over the past year, and the currency has plunged in value.
In the commercial capital, Lagos, Matty Ukhuegbe runs a fish restaurant. She told Newsday sheβs ''struggling with a lot of things''. She has had to cut down on staff, focus on deliveries and βintroduce larger order sizes so we can get more profit per saleβ.
(Photo: Freshly-caught fish for sale at a market in Lagos, Nigeria. Credit: Getty Images.)
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