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International Business Times

Business

Leslie FAUVEL

Nigeria Economic Crisis Dampens Christmas Spirit

Nigeria World Bank Poverty

Inflation exceeded 28 percent in November (Credit: AFP)

Lining up, they receive some rice, dried beans and other basic foodstuffs, whose soaring prices have left millions in Nigeria facing a bleak Christmas.

The temporary food distribution in the courtyard of the Church of the Assumption in the economic capital, Lagos, has drawn a big crowd -- some have travelled far.

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