7min chapter

Economist Podcasts cover image

Bibi talk: a speech light on detail

Economist Podcasts

CHAPTER

Nigeria's Food Crisis: Rising Prices and Stagnant Wages

This chapter delves into the escalating food prices in Nigeria, which have surged dramatically while wages remain stagnant, deepening the food crisis for households nationwide. It examines government actions that have exacerbated the situation, such as currency devaluation and subsidy removals, alongside climate challenges affecting agriculture. The discussion highlights the need for effective policies to address food insecurity and the struggles of Nigerians facing this growing crisis.

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