Economic Recession : Traders Experience Poor Patronage As Schools Resume

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As schools resume for the new academic  session,  traders who deal in schooling items are currently unhappy  as they experience low patronage.

The economic hardship  in Nigeria  has affected every sector  of the economy,  hence making cash circulation  difficult.

A school child,  usually  buys a lot of items such as uniform,  shoes,  textbooks,  and lots more in preparation  for the resumption.

However,  this is not the case for this session  as most parents  have decided  to cut corners because  they can barely afford  those items.

The News agency of Nigeria,  reports that  dealers in books, shoes,  bags,  uniforms and other children  items are grumbling as the market seems unfavorable  to them this session.

They said the patronage  was not impressive  when compared  to previous times when schools resumed for a new session.

The schools are also not left out in these challenges,  because  most parents  are beginning  to withdraw  their kids from expensive  schools to less expensive ones.

The publishers of books are lamenting about the high cost of materials and papers, prompting them to reduce the quantity published.

Some of the publishers have backed out of publications as they were unable  to meet up with the high increase in publishing  materials.

Also,  most essential learning materials  which the children use for studying are not in the market because  the cost of importation  is very high.

 

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