Nigerians Struggle with Rising Food and Transport Costs...
International News
August 24, 2023
Nigeria's recent economic reforms, including the removal of government fuel subsidies, have led to significant changes in the country's economic landscape. President's decision to cut subsidies that had previously kept fuel prices low has contributed to a quarter of Nigeria's budget. While these reforms aim to bring about long-term economic improvements, citizens are currently facing challenges due to the resulting increase in food and transportation expenses.