Rising Cost of Living in Nigeria: How It Affects Everyday Nigerians
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Content Creator & Digital Marketer
November 20, 2025
2 min read
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Nigeria is currently facing one of its toughest economic periods in recent history. Across the country, the rising cost of living has become a major concern for families, students, workers, and business owners. From food items to transport fares, almost everything now costs more than it did a few months ago, and this increase is putting pressure on millions of Nigerians.One major cause of the crisis is inflation. Prices of essential goods such as rice, garri, bread, beans, and vegetables continue to rise sharply. Many families now struggle to afford basic meals, and some households have reduced their food intake, cutting down to two meals or even one meal per day. The removal of fuel subsidy and the rising cost of fuel have also affected transportation, making it more expensive for people to get to work, school, or the market.Small businesses are among the worst hit. Many shop owners now pay more to restock goods, and electricity tariffs have increased, raising the cost of running generators or paying for power. As a result, business owners are forced to raise their prices, which places additional pressure on consumers.Students and workers are not left out. Transportation and feeding costs take a large part of their income, making it difficult to save or plan ahead. Some students even skip classes because they cannot afford daily transport fares.Despite these challenges, Nigerians continue to show resilience and strength. Communities support one another, and people find creative ways to survive through small businesses, side hustles, and cooperative savings.However, many citizens still hope for strong government intervention policies that will reduce inflation, create more job opportunities, and make essential commodities more affordable.The rising cost of living remains one of the most urgent issues facing Nigeria today, and addressing it is crucial for the well-being and future of the nation.
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