At a crowded market in Nigeria's commercial capital Lagos, Blessing Abah negotiates the price of a turkey and other food items as she goes about her Christmas shopping, which she complains now costs more than ever before
She paid 2,500 naira for the turkey, up 25% from two months ago, while the 10 tomatoes she got for 200 naira are now reduced to seven, a reminder that prices in Africa's biggest economy are still rising sharply even though inflation has eased.
Nigeria exited recession last year, but growth is fragile and the International Monetary Fund said recovery will be "subdued", as the West African country grapples with double digit inflation, dollar shortages and the COVID-19 pandemic. "You know it's the end of the year that people buy new electronics and gadgets as gifts for friends and relatives but this year sales have been very low," Okafor said.
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