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Jan 16, But constantly changing prices mean that many of Niger's 26 million inhabitants face the grim daily choice of having to adapt or even go without. Four days after military officers seized power, the Economic Community of West African States slapped tough economic and financial measures on landlocked Niger, one of the world's poorest countries.
Economist Abdallah Souleymane said the sanctions "completely disrupted the supply chains" and resulted in "difficulties with imports". There were "repercussions on the cost of many products, particularly food", he added in an interview on national television.
Inflation in Niger peaked at a record high of For to , it is expected to remain high at 5. A vendor holds a bottle of cooking oil at the Dar-es-salam market in Niamey on January 9, Register to begin your journey to our premium content.
Login Login to access premium content. Home Premium News. A vendor sells chillis at the Dar-es-salam market in Niamey on January 9, New Vision. Niger Economy Inflation. No Comment. AFP Border closed, long detour Trade unions say the main factor driving costs higher is the closure of the border with Benin, which has the closest port through which 80 per cent of Niger's freight transited. Niger, which is battling jihadist violence, refuses to open its border with Benin, accusing it of harbouring jihadist training camps -- an accusation Porto Novo denies.
Niamey has found a workaround via the port of Lome in Togo. But this forces thousands of trucks to make a long detour and cross eastern Burkina Faso, running through a region also plagued by deadly jihadist attacks.