African Visitors Find Nigeria's Living Costs Lower

Visitors from Liberia, Ghana, Cameroon, and Gabon have expressed that the cost of living in Nigeria, particularly in Calabar, is lower than in their respective countries. Ghanaian visitor Jacklyn Asar noted that despite complaints about high living costs in Nigeria, she finds it cheaper than in Ghana and other West African nations.
She mentioned that the current exchange rate of the Ghanaian cedi to the Nigerian naira (N82) allows for profitable reselling of Nigerian products in Ghana. Liberian visitor Samuel Ator, who visits Nigeria at least once a year, supports this view, stating he often buys goods to send to his daughter in Calabar.
Cameroonian clergyman Oru Deni visits Calabar every two months to purchase devices for resale in Cameroon, where he finds Nigerian goods cheaper. Similarly, Orji Igw from Gabon purchases food items in Nigeria to sell back home, indicating a trend of cross-border trade benefiting from Nigeria's lower prices.
Plus234Feed summary based on reporting from Daily Post. Read the original report below.
Read full article
Continue on Daily Post
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories

Nigeria Faces Rising Cost of Living Amid Inflation Surge

Rising Living Costs Transform Life in Nigeria

Nigeria Ranks Sixth in Global Outsourcing Market

Inflation Rates Reveal Cost of Living for Nigerian Workers

Atiku Abubakar Challenges Tinubu on Nigeria's Economy

Tinubu: Nigeria's Fuel Prices Cheaper Than Kenya's
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.






