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Abuja Residents Struggle with Low Purchasing Power Despite Slight Food Price Drop

Business1 min read
Abuja Residents Struggle with Low Purchasing Power Despite Slight Food Price Drop

Despite a recent decline in food inflation across Nigeria, Abuja residents continue to battle low purchasing power. A survey by NAN in major markets like Lugbe, Nyanya, and Orang Market revealed that while prices of some food items have dropped slightly, the impact on household budgets remains insignificant.

Prices of staples like tomato, pepper, onion, and pepper have shown mixed trends. The decrease in inflation has not kept pace with the rising cost of living, leaving many like civil servant John Okek and nurse Agn Edoh struggling to afford basic food items.

Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.

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