Africa Daily - Are Nigerians betting on a quick fix to the cost of living?

Are Nigerians betting on a quick fix to the cost of living?

Download Are Nigerians betting on a quick fix to the cost of living?

In his reports from Lagos this week, Alan has heard that the naira doesn’t stretch as far as it used to.
Expensive exports, the removal of fuel subsidies and high inflation means that many people have less cash in their pockets.
Nigerians are having to find creative ways to make ends meet.
In this episode, he hears from young men who are turning to sports betting.
He hears stories of people winning big when luck is on their side.
But he finds that making big money isn’t always as easy as people hope. could lead to a quick win – an injection of cash if they beat the odds.
For people already struggling with the cost of living, it’s risky. And there may be hidden dangers.

Published on Friday, 3rd November 2023.

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