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Surviving Inflation: How Small Businesses in Nigeria Are Adapting [Video]

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Women in Business

Surviving Inflation: How Small Businesses in Nigeria Are Adapting

Inflation has become a significant challenge for small businesses in Nigeria, affecting their operations, profitability, and sustainability. In this video, we delve into the inspiring story of Ndidiamaka, a female entrepreneur who runs a small business producing delicious plantain chips. Despite her passion and hard work, Ndidiamaka faces immense struggles due to the rising costs of commodities caused by inflation.

Join us as we follow Ndidiamaka’s journey, from sourcing quality ingredients to managing production costs and pricing her products competitively in the market. Through her experiences, we uncover the harsh realities that many small business owners in Nigeria face, including fluctuating prices, limited access to resources, and intense competition.

Despite the challenges, Ndidiamaka remains resilient and determined to make her business thrive. We explore the innovative strategies she employs, such as optimizing production processes, finding alternative suppliers, and engaging with her community to build customer loyalty.

This video not only sheds light on the impact of inflation on Nigerian small businesses but also celebrates the tenacity and creativity of entrepreneurs like Ndidiamaka. Whether you’re a business owner, investor, or simply interested in economic trends, this video offers valuable insights into the realities and adaptations of small businesses in Nigeria’s inflationary environment.

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