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Affordability crunch also spurs creativity, generosity around the globe

The Christian Science Monitor·The Christian Science Monitor·18 days ago
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It is almost noon in the Nyanya market in Abuja, Nigeria’s capital, and Aondofa Iornenge rings a small bell in one hand, gesturing with the other at the heap of clothes spread across the tarpaulin at his feet. “Four hundred naira!” he calls out, again and again. A customer crouches, rummages, picks five pieces, pays, and walks away. He watches her go. “ Na mumu dey go boutique ,” the vendor mutters, laughing, a phrase that means “only fools buy new clothes.” Buying okrika , the local term for secondhand clothing, once carried a stigma here in Nigeria. “People who bought from us were considered very, very poor,” Mr. Iornenge says. That is now changing. Why We Wrote This Consumers worldwide have felt squeezed for many reasons, including the prolonged closure of the Strait of Hormuz. So, they’ve come up with their own solutions. Since 2023, the naira has lost more than half its value against the U.S. dollar, driving up the cost of essentials, including clothing.…

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