Nigerians sacrifice cars as cost of living crisis worsens

Nigerians sacrifice cars as cost of living crisis worsens …C0NTINUE READING HERE >>>

Nigeria has seen one of its worst crises in decades with hiking fuel prices and inflation at a three-decade high.
Photo: OLYMPIA DE MAISMONT / AFP
Source: AFP

Nigeria’s economic crisis and soaring petrol prices forced Bolaji Emmanuel to give up his driver and his Honda Pilot utility vehicle, as he struggles with spiking living costs.

Emmanuel is not alone. Many in Africa’s most populous country are abandoning their cars as the costs strain disposable income.

The price of petrol has risen more than fivefold since President Bola Tinubu took office in May 2023.

“I parked it at my son’s…

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