Economy related unrest
Found 18 listings
Nigeria: Social unrest over economic hardship
Location:
abuja, nigeria, Nigeria, West Africa
Incident Date:
August 2, 2024
Instability Rating Max 5.0:
3.50
Deaths:
16
Fatalities type:
- Civilian
Summary:
Nigerian police used tear gas to disperse anti-economic hardship protests in Abuja on Friday, August 2. The protests, which began on Thursday, August 1, have spread across several cities, significantly disrupting vehicular movements.
In Abuja, the protests turned chaotic, with security forces using tear gas to break up the demonstrators. Amidst the turmoil, a female protester collapsed and was subsequently taken to the hospital for treatment. Despite the tear gas, two protesters remained to assist [...]
Tunisia: Rising Prices of Basic Goods
Location:
Bi'r al Qas`ah, tunisia, Tunisia, Maghreb
Incident Date:
July 29, 2024
Instability Rating Max 5.0:
2.00
Summary:
The National Agricultural Observatory (ONAGRI) reported a significant increase in prices for basic goods at the Bir El Kassaa wholesale market in June 2024 compared to June 2023. Prices of fruits such as onions rose by 189%, apples by 3%, watermelons by 94%, flat peaches by 81%, round peaches by 63%, grapes by 33%, plums by 33%, melons by 31%, figs by 25%, and green almonds by 5%. Some fruits saw price decreases, including [...]
Nigeria braces for protest over economy, fears repeat of Kenya riots
Location:
abuja, nigeria, Nigeria, West Africa
Incident Date:
July 29, 2024
Instability Rating Max 5.0:
3.50
Summary:
Nigeria is bracing for a nationwide protest against worsening economic conditions. Protest organizers are planning to use Eagle Square in Abuja as the launching pad of their movement and face harsh reaction from the government. Despite this, they remain determined to proceed.
Security services and army soldiers have already taken control of a key road leading to Abuja just 72 hours before planned hunger protests, causing significant traffic jams and leaving many commuters stranded. The [...]
Nigeria: Skyrocketing Cost of Living in Abuja
Location:
abuja, Nigeria, West Africa
Incident Date:
July 28, 2024
Instability Rating Max 5.0:
2.00
Summary:
Residents of Nigeria's Federal Capital Territory (FCT) Abuja are struggling with rising rents and a severe housing shortage. The high demand, coupled with limited housing supply, has driven rents to unaffordable levels, forcing many into homelessness or substandard living conditions. Factors contributing to this crisis include rapid urbanization, population growth, and corruption within the housing sector. Homelessness in Abuja has led to health risks, increased public resource strain, and economic impacts.
The Senate President has [...]
Nigeria: High cooking gas prices affect households
Location:
Lagos, nigeria, Nigeria, West Africa
Incident Date:
February 22, 2024
Instability Rating Max 5.0:
2.50
Summary:
The demand for cooking gas in Nigeria has decreased due to rising prices, prompting consumers to seek alternatives like kerosene, charcoal, and firewood. Depot owners attribute the price hike to forex rate depreciation and international market prices. Despite government efforts to enhance supply and encourage domestic usage, inflation has soared, reducing consumers' purchasing power. With landing costs increasing, retailers are compelled to pass on elevated prices to consumers, exacerbating economic burdens. The President of [...]
Nigeria: Protests in Ibadan over economic hardship
Location:
Ibadan, nigeria, Nigeria, West Africa
Incident Date:
February 19, 2024
Instability Rating Max 5.0:
1.50
Summary:
In Ibadan, Oyo State, hundreds of protesters, primarily youth, conducted a peaceful demonstration to address the economic hardships in Nigeria. They called on President Bola Tinubu to tackle issues such as insecurity, hunger, and unstable power supply. The protesters, expressing frustration with the high cost of living and soaring food prices, carried placards with messages demanding action. Meanwhile, Budget and Economic Planning Minister Atiku Bagudu defended Tinubu's policies, stating they were yielding positive results [...]