Posted 12/29/2023, 12:34:07 PM
High Prices Dampen Nigeria's Festive Detty December Celebrations
- Economic downturn and high inflation in Nigeria is dampening the usual lively "Detty December" festive celebrations this year
- Prices of basic goods, transportation, and events have risen sharply, making it difficult for people to afford partying and concerts
- Lagos resident Chinenye Ikechukwu has stayed home instead of her usual December outings due to the cost of living increases
- Attendance at concerts has dropped as ticket prices have increased in response to higher costs for organizers
- Analysts worry this drop in the services sector foreshadows continued economic struggles for Nigeria in 2023