Nigeria’s cost of living crisis dampens Yuletide spirit

By this time last year, many Nigerian streets, from Lagos to Abuja, Abakaliki and Port Harcourt, were bubbling with Christmas excitement, but the cost of living crisis is putting a damper on this year’s celebration.

Many Nigerians are poorer than they were in 2021, with 63 percent of the population (133 million) suffering from multidimensional poverty and inflation at a 17-year high.