Nigerian Middle-class Squeezed As Used Car Prices Rise 51% - Autos - Nairaland
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| Nigerian Middle-class Squeezed As Used Car Prices Rise 51% by zik4ever: 10:27am On Jun 06, 2016 |
This is not the best of times for the Nigerian middle class as the they grapple with the surge in prices of used cars which increased by 51 percent between January and May, 2016. The trend signals a clear pricing-out of a larger segment of a population hit by non-payment of salaries and salary cuts. http://businessdayonline.com/2016/06/nigerian-middle-class-squeezed-as-used-car-prices-rise-51/ |
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