Why Is Everything So Expensive in Nigeria? | Cost of Living 2026

Описание: Why is the cost of living in Nigeria so high in 2026? Food prices, fuel costs and transport fares keep climbing, and millions of households feel the squeeze every day.

In this episode of What You Should Know, we break down Nigeria's cost-of-living crisis: what drives inflation in Africa's largest economy, why the price of rice, garri, petrol and transport fares rise faster than incomes, and what global shocks, including the war in Ukraine, mean for Nigerian households.

For most Nigerians, inflation is not a statistic. It is the market bill, the petrol queue and the daily calculation over what a family can still afford.

We cover:
– Why food prices in Nigeria rise
– Fuel and energy costs after subsidy removal
– Transport fares and the knock-on effect on goods
– How global events feed local prices
– What it means for household incomes

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