Tag: #CostOfLiving
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TINUBU MOVES TO SHIELD NIGERIANS FROM MIDDLE EAST CRISIS FALLOUT
Global crisis, local pain and now the government says it’s stepping in to soften the blow.President Bola Ahmed Tinubu has ordered urgent measures to cushion the impact of the ongoing Middle East crisis on Nigerians — especially as rising fuel prices continue to bite. Speaking in Yenagoa, Tinubu directed key officials, including the Finance Ministry…
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POWER WOES: ADELABU APOLOGISES, PROMISES RELIEF IN TWO WEEKS
As heat rises and blackouts bite harder, the power minister admits the pain—and says help is on the way. Nigeria’s Minister of Power, Adebayo Adelabu, has apologised to Nigerians over persistent electricity outages, blaming the situation on gas supply issues and infrastructure challenges. Speaking in Abuja, Adelabu acknowledged the hardship caused by erratic power supply,…
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HEAT WAVE BOOSTS SALES: WATER HAWKERS CASH IN AT ENUGU TRADE FAIR
Scorching temperatures are turning sachet water into hot cake—and business is booming. Sachet water hawkers are smiling to the bank at the ongoing Enugu International Trade Fair in Enugu, as intense heat drives massive demand. A visit to the fairground shows buyers scrambling for water under the blazing sun, with prices now at N50 per…
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ABUJA RESIDENTS ADOPT SURVIVAL STRATEGIES AS ECONOMIC PRESSURE BITES
Rising living costs are pushing many residents of Nigeria’s capital to adopt drastic coping strategies just to keep their households running. Civil servants, traders, and artisans in Abuja say food prices, transport fares, and soaring house rents have severely reduced their purchasing power, forcing families to cut spending and rethink daily living. Some now buy…
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ABUJA WOMEN TURN PRIVATE CARS INTO ‘KABU-KABU’ TAXIS TO SURVIVE
As economic pressure tightens, many women in Nigeria’s capital are turning their private cars into informal taxis—popularly called “kabu-kabu”—to earn extra income and support their families. Across major junctions and bus stops in Abuja, more women—some driving luxury vehicles—now pick up passengers heading to different parts of the city. Many say the move is a…
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REVIEW MINIMUM WAGE TO MATCH REALITY, DON TELLS FG
“Let my wage take me home” — expert says current pay no longer reflects cost of living. An Industrial Relations expert at the University of Ilorin, Prof. Ismaila Kadiri, has urged the Federal Government to review the minimum wage upward to reflect today’s rising cost of living. Delivering the university’s 296th Inaugural Lecture titled “Let…
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GLOBAL MARKETS TO YOUR PLATE: MEDIA TRAINING UNCOVERS THE ECONOMY BEHIND YOUR DINNER BILL
Ever wondered how the ups and downs of financial markets ripple all the way to the price of your dinner? A two-city media training in Nigeria has been digging into just that, helping journalists connect the dots between global trade, commodity prices, debt, and everyday costs.The training, held in Abuja (September 8–9, and to hold…
