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Nigerian households’ finances suffer deeper strain

…As food prices, services’ cost spiral … PMS, electricity hike should be accompanied with relief packages – Analysts

The rising spate of food prices coupled with the recent hike in fuel and electricity costs is causing a strain on the already-squeezed purchasing power and income of Nigerian households, thereby making them miserable amid the drastic impact of the Covid-19 pandemic on their finances. A BusinessDay survey on how consumers are coping with the…

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