What do you believe is the single most important factor driving up the cost of living in Nigeria?

The youth protests witnessed across several African countries are linked to high debt, experts say, reflecting how economic decisions by the ruling elite impact the poor.

Uganda, Kenya and Nigeria are among African countries facing youth revolt over the cost of living, largely blamed on fiscal measures by governments struggling to pay debts to local and foreign lenders.

In July, Kenyan youthful protesters, dubbed Gen-Z, took to the streets protesting against the Finance Bill 2024, which comprised punitive tax measures partly meant to raise funds to repay Kenyan’s debts.

The Kenyan protests have since morphed into general push for good governance in the public sector, even after President William Ruto shelved the contentious draft law and reconstituted the Cabinet.

The new team, meant to reflect the “diversity of the nation,” was sworn in on Thursday morning at State House, Nairobi, on the backdrop of demonstrations called by the youth.

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