Скачать или смотреть Nigerians protest economic hardship as inflation surges

(19 Feb 2024)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
Ibadan, Nigeria - 19 February 2024
1. Protesters marching with placards and banners
2. Protesters holding up anti-government placards, reading (English/Yoruba) "No more Emi Lokan ("it's my turn" slogan of politicians)" "End bad government" "End oppression, end hunger, end bad government now"
3. Mid of protesters singing protest songs
4. Close of women chanting
5. Wide of protesters
6. Mid of protesters chasing and beating an alleged thief
7. SOUNDBITE (English) Sodiq Akorede, artisan:
“This country is bleeding, this country is hard, this country is angry. People are suffering. No one can afford three square meals, even two square meals in our dear country today again. Inflation on all goods. Inflation of foods, inflation of cement, inflation of cloth, inflation of motors (cars), inflation of bikes, inflation of transportation from one point to another. That’s why we come out for a peaceful protest."
8. Wide of the protesters on road
9. Mid of protester with placard reading (English): "End constant kidnapping"
10. SOUNDBITE (Yoruba) Motunrayo Sekinat, student:
“We are fed up, we are hungry. We are students and our parents don’t have money for school fees, we are all suffering. We are suffering, this protest has to work."
11. Various of protest
12. SOUNDBITE (Yoruba) Olaitan Zainab, fashion designer:
“Everything is expensive, everything is expensive. There’s nothing we want to do in Nigeria with ease, we just hope things get better. Everything, even our parents are complaining, we too are complaining. People want to go to school but there’s no money, please help us beg President (bola) Tinubu.”
13. Mid of market traders praising the protesters
14. Wide of protesters

STORYLINE:
Residents of the Nigerian city of Ibadan took to the streets on Monday to voice their anger at the economic hardship the country is facing.

Large crowds marched through the centre of the Oyo State capital holding banners and placards taking aim at "bad government" and food inflation.

"No one can afford three square meals, even two square meals in our dear country," said Sodiq Akorede, an artisan who joined Monday's protest.

Nigerians are facing one of the West African nation’s worst economic crises in as many years triggered by a surging inflation rate which follows monetary policies that have dipped the local currency to an all-time low against the dollar, provoking anger and protests across the country.

“We are fed up, we are hungry. We are students and our parents don’t have money for school fees, we are all suffering," said protester Motunrayo Sekinat.

Latest government statistics released showed the inflation rate in January rose to 29.9%, its highest since 1996, mainly driven by food and non-alcoholic beverages.

The naira itself further plummeted to 1,670/1$ on Monday, reflecting over 230% loss of value in the last year.

It worsens an already bad situation, further eroding incomes and savings while squeezing millions already struggling with hardship due to government reforms that saw the removal of gas subsidies resulting in gas prices tripling, and transport fares spiking.

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