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What we do to survive hard times - Nigerians speak
As the recession in Nigeria continues to deepen, Nigerians react to its impact on day-to-day living. CNBC Africa has more.
Fri, 02 Dec 2016 11:06:53 GMT
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AI Generated Summary
- The recession has prompted significant changes in spending habits, with individuals prioritizing essential expenses over luxury items and services.
- Families are facing difficult choices about what to cut back on, such as portion sizes for meals and basic services like laundry.
- The rising cost of living and stagnant salaries are creating a sense of despair and uncertainty about the future for many Nigerians.
As the recession in Nigeria continues to deepen, Nigerians are feeling the impact on their day-to-day living. CNBC Africa has been following the stories of everyday people as they navigate the challenges brought on by the economic downturn. One individual shared their personal experience, highlighting the drastic changes they have made to their spending habits in order to cope with the financial strain.
In the midst of rising prices and stagnant salaries, families are being forced to make difficult choices about what they can afford and what they must sacrifice. The interviewee discussed how they have had to cut back on non-essential expenses, such as luxury items and services, in order to prioritize the necessities like food and clothing. The cost of basic commodities like rice has skyrocketed, making it increasingly difficult for average Nigerians to make ends meet.
One of the most significant changes mentioned by the interviewee was the shift in portion sizes for meals. Where they once consumed three derikas of rice per meal, they have now had to cut back to 1.5 derikas in order to make their food supply last longer. This type of adjustment reflects the harsh reality faced by many Nigerians as they struggle to feed their families amidst escalating prices.
Another major impact of the recession has been the inability to afford basic services that were once taken for granted. The interviewee mentioned how they can no longer afford to send their laundry out to be cleaned, forcing them to handle the task themselves. This is just one example of the ways in which everyday tasks have become more challenging as financial constraints tighten their grip on households across the country.
As the interview drew to a close, the interviewee expressed a sense of despair about the future, wondering how they will be able to survive the ongoing economic crisis. The cost of living continues to rise, while salaries remain stagnant, creating a sense of hopelessness for many families. The individual's final words captured the struggle and uncertainty that define their daily existence: "My life is just hell."
This personal account serves as a poignant reminder of the human impact of economic downturns and the resilience of individuals who are forced to adapt to survive in challenging times. As Nigeria grapples with the effects of a deepening recession, it is essential to remember the stories of those who are most affected and work towards solutions that can provide relief and support to those in need.