Nigeria : Reform Deepens Socio-economic Depression

14 Days(s) Ago    👁 28
nigeria reform deepens socioeconomic depression
The devaluation of the Naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day. While 98 million Nigerians were already living in extreme poverty in recent years, this figure could explode by 2024 if the economic crisis continues in Nigeria. For tens of millions of Nigerians, the reforms designed to attract foreign investors have, above all, caused the cost of living to soar.