By the third week of every month, Ibrahim Olarinrin’s salary is gone. The 38-year-old Lagos resident earns N300,000 a month working for a professional services firm in accounting and finance. Yet feeding his wife and two children now costs about N360,000 monthly, more than his entire paycheque.
Once transportation, cooking gas, electricity, internet access and other essentials are added, the household requires roughly N462,500 every month before rent, school fees, healthcare or emergencies are considered.
Ibrahim lives in Fadeyi-Onipan wi
