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Tag: Economic Struggles Take Shine Off Eid-el-Kabir Celebrations in Nigeria


EXCLUSIVE: Rampant Ram Theft and Price Gouging Mar Eid-el-Kabir Celebrations in Nigeria

. . . As Nigerians mark Eid-el-Kabir, a News Investigation reveals widespread price inflation and theft of rams, traditionally sacrificed during the festival. Videos of naked men paraded for stealing rams aimed to deter the practice, but market sellers are accused of overpricing, fueling forced inflation.

Our investigation uncovered shocking price disparities: rams bought for N80,000 in Katsina were resold for N250,000 in Abuja, N600,000 in Warri and Benin, and N750,000 in Lagos. This exposé comes as Nigerians struggle with economic hardship, casting a shadow over the festivities.

Our reporter, Collins Odigie Ojiehanor, has the full story on how soaring food prices and economic struggles are dampening Eid-el-Kabir celebrations in Nigeria.

By admin , in Inside stories , at June 18, 2024