Economics
Rising Food Costs Add to Misery of Nigeria’s High Unemployment
- Food inflation has quickened to its highest pace in 15 years
- Households already spend more than half their income on food
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Nigerian merchant Feyintola Bolaji, struggling with stagnant earnings and dwindling sales, is now being squeezed by the ever increasing prices demanded by her food suppliers, leading her to cut down on the amount she can put on her own family’s table.