The weak purchasing power of Nigerians has become one of the clearest indicators of a deeper economic dysfunction. When a country of over 200 million people, rich in labour and natural resources, cannot sustain mass access to durable household goods, or quality clothing, edible food, and brand-new cars, the problem is not taste or thrift, but structure. Even affluent Nigerians overwhelmingly prefer “UK-used” vehicles and second-hand imports, not out of cultural inclination, but because new goods are priced far beyond what incomes and the curren
The weak purchasing power of Nigerians has become one of the clearest indicators of a deeper economic dysfunction. When a country of over 200 million people, rich in labour and natural resources, cannot sustain mass access to durable household goods, or quality clothing, edible food, and brand-new cars, the problem is not taste or thrift, but structure. Even affluent Nigerians overwhelmingly prefer “UK-used” vehicles and second-hand imports, not out of cultural inclination, but because new goods are priced far beyond what incomes and the curren
