Connect with us

Africa

Hardship in Nigeria: How Rising Prices Are Reshaping Daily Life -By John Micah

As prices continue to rise, the hardship in Nigeria is no longer an abstract economic concept—it is a daily lived experience. How the nation responds to this challenge will determine not only economic recovery but also the well-being and future of its people.

Published

on

Hardship-poor-poverty-insecurity-woman

Nigeria is facing one of the most difficult economic periods in its recent history, as rising prices of basic goods and services continue to reshape the daily lives of millions of citizens. From food items to transportation, rent, healthcare, and education, the cost of living has soared, leaving many households struggling to survive.

Across markets in major cities and rural communities alike, prices of staple foods such as rice, garri, beans, cooking oil, and bread have more than doubled in some areas. For families that once managed three meals a day, eating twice—or even once—has become the new reality. Many parents now prioritize feeding their children, often sacrificing their own meals.

Transportation costs have also increased sharply following fuel subsidy removal and rising fuel prices. Commuters now spend a significant portion of their daily income just to get to work. As a result, some workers trek long distances, while others have reduced their movements altogether, affecting productivity and economic activity.

The hardship has deeply affected small businesses, which form the backbone of Nigeria’s economy. Traders complain of low patronage as customers buy less or turn to cheaper alternatives. Some small-scale enterprises have shut down entirely, unable to cope with high operating costs and declining profits. This has worsened unemployment, especially among youths.

Healthcare and education have not been spared. Hospital bills and medication costs are increasingly unaffordable, pushing many Nigerians toward self-medication or traditional remedies. In the education sector, rising school fees have forced some parents to withdraw their children from private schools, while others struggle to keep them enrolled at all.
Beyond the economic impact, the rising cost of living is taking a toll on mental health and social stability. Frustration, anxiety, and despair are becoming common as people feel trapped in a cycle of hardship. Experts warn that prolonged economic pressure could lead to increased crime and social unrest if urgent measures are not taken.

Advertisement

Despite the challenges, Nigerians continue to display remarkable resilience. Many households are diversifying income sources, engaging in small side businesses, farming, or learning new skills to survive. Community support systems and family networks have also become crucial lifelines.

However, resilience alone is not enough. There is a growing call for government intervention through effective economic policies, social welfare programs, job creation, and support for local production. Addressing inflation, stabilizing the currency, and easing the burden on ordinary citizens remain critical steps toward restoring hope.

As prices continue to rise, the hardship in Nigeria is no longer an abstract economic concept—it is a daily lived experience. How the nation responds to this challenge will determine not only economic recovery but also the well-being and future of its people.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending Contents

Topical Issues

Africa19 hours ago

Singapore’s Leaders Built An Economy; Nigeria’s Keep Building Excuses -By Isaac Asabor

Until Nigerian leaders stop building excuses and start building institutions, the gap between both countries will remain. Singapore’s rise is...

Tinubu and Wike Tinubu and Wike
Africa20 hours ago

Nyesom Wike and falling rafters of Rivers -By Festus Adedayo

Nigerian politics has produced a number of queer politicians and their absurd politics. One was Chief S. L. Akintola, the...

Wike Wike
Africa20 hours ago

Campaigns Without Elections: How Nigeria’s Politicians Are Breaking The Law In Plain Sight -By Isaac Asabor

Nigeria cannot afford a perpetual campaign cycle. The country is grappling with economic hardship, insecurity, and institutional fatigue. This is...

Abba Dukawa Abba Dukawa
Africa1 day ago

Reciprocity in Conflict: How Covert Attacks Provoke Resistance -By Abba Dukawa

Governor Abba Kabir belongs to every Kanawa and to no one – he's the people's governor, above political affiliation. One...

JAMB and UTME JAMB and UTME
Forgotten Dairies1 day ago

The Role of Technology in Nigeria’s Education System -By Alheri Una

To fully maximize technology in education, government investment is crucial. Public-private partnerships can help provide internet access, digital devices, and...

Egbetokun Egbetokun
Africa1 day ago

Setting The Record Straight On The So-Called “IGP’s Boys” Narrative -By Danjuma Lamido

Nigeria deserves a Police Force that is firm, fair, and accountable, and a media ecosystem that reports responsibly. We must...

Russian-Indian Business Dialogue, December 2025 Russian-Indian Business Dialogue, December 2025
Forgotten Dairies1 day ago

Russia–India Dialogue Provides Platform for Strengthening Bilateral Entrepreneurship -By Kestér Kenn Klomegâh

Participants noted the development of Russia–India cooperation and implementation of joint business projects will continue at major international platforms, including...

David Sydney David Sydney
Africa1 day ago

The Importance of Proper Legal Documentation in Business -By David Sydney

Where a business relationship is undocumented or poorly documented, even a legitimate claim may fail for lack of proof. Oral...

Bola Oyebamiji Bola Oyebamiji
Politics1 day ago

The Deputy Question: How APC’s Choice Will Shape Osun’s 2026 Contest -By Kolapo Tokode

A Christian, Oke offers religious balance to Oyebamiji’s candidacy. He is widely regarded as financially buoyant and politically influential, particularly...

Forest Forest
Africa1 day ago

The Devastating Impact Of Deforestation -By Favour Haruna

We can mitigate deforestation's effects by adopting sustainable choices and supporting conservation.Reduce paper usage, choose sustainable products, and spread awareness....