Nigerians Protest Over Rising Cost of Living

Demonstrations are occurring in Oyo and Ibadan, Nigeria, in response to the increasing expenses of daily life.

These protests in the southern region mirror earlier ones in the north that took place two weeks ago. Anger among protesters stems from soaring inflation rates, primarily fueled by steep food prices and the government’s cessation of a longstanding fuel subsidy.

The African Development Bank cautioned on Friday that Nigeria may experience social upheaval due to escalating fuel and food costs.

In its economic forecast for the year, the bank also highlighted the potential for comparable issues in other nations such as Kenya, Ethiopia, and Angola.

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