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50.1% of the monthly income of the Nigerians spent on food – ratio

A new report on consumers prospects has revealed that the Nigerians now spend more than half of their monthly food income, since the increase in living costs continues to squeeze the budgets of families across the country. The report, published by the marketing communication company based in Lagos Seid, said that 50.1 percent of the Nigerians’ profits are assigned to …

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