Our Attitude towards the Economic Recession in Nigeria

In Nigeria, the prices of goods and services have skyrocketed. There has been a high rate of redundancy in companies and many employees have been laid off. A couple of other companies, as a result of the recession have reduced the salaries of most staff by over 40℅. These experiences are quite scary and would naturally put a strain on the finances of most people. People naturally would begin to spend sparingly to cushion the effect of the recession on them. In spite of all these however, some are still…

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