Despite a tough economic climate and government policies that would dampen spirits in many countries, Nigerians are demonstrating remarkable resilience and creativity in finding ways to survive. The economic hardship in Nigeria is severe, and has destabilised other nations in the past. A recent example is Kenya, where citizens launched mass protests against a tax hike, leading to the death of dozens and hundreds injured.
The situation in Nigeria is getting worse on a daily basis. Harsh economic conditions, insecurity, mass unemployment, food inflation among others are major challenges facing the country. The National Bureau of Statistics (NBS) said food inflation rose to 40.
66 percent in May, compared to the 24.82 percent reported in the same month last year — indicating an increase of 15.84 percent points.
Read also: Hardship persists in Nigeria despite Naira rebound The bureau said semovita, oatflake, yam flour prepackage, garri, bean, etc (which are under bread and cereals class), Irish potatoes, yam, water yam, etc (under potatoes, yam and other tubers class), contributed to the year-on-year increase in the food inflation rate. Other contributors are palm oil, vegetable oil, etc (under oil and fat), stockfish, mudfish, crayfish, etc (under fish class), beef head, chicken-live, pork head, and bush meat (under meat class). According to the 2023 State of Food Security and Nutrition World report, the number of Nigerians who are food insecure has increased by 133 percent in .
