Desperate Calabar Traders Demand Urgent Government Action on Skyrocketing Living Cost
The escalating cost of living in Nigeria is profoundly affecting residents of Calabar, particularly traders, who are calling on the federal government to reconsider certain policies to improve living conditions.
Calabar, the capital of Cross River State is predominantly a civil service city as many of its residents are civil servants and traders rely heavily on civil servants for their business transactions.
The high cost of goods and services, coupled with low purchasing power among workers and most business people in the state have led traders at the popular Watt Market, especially those selling non-essential goods, to experience considerable losses.
Recognizing that these challenges are tied to government policies, the traders are calling on the government to implement a living wage for the workers, reduce the cost of fuel, electricity, and other factors contributing to the country’s current recession.
Moreover, traders and consumers who deal on essential goods have reported sharp increases in prices, compounding the difficulties faced by residents.
The traders’ plea for policy changes reflects broader sentiments across Nigeria, where many are struggling to cope with the current economic realities.
