Inflation in Nigeria

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3 years ago

Inflation on the rise in Nigeria: a bag of beans is now 100k

It's unfortunate we have gotten to this point in this country

Certainly this is not the change we were promised and pleased I'm not a fan over the two political party I believe they are both the same.

On a monthly basis prices of food items appear to be rising in major cities in Nigeria.

The prices of beans for example as gone up over the last one month compared to other months.

A bag of beans sold at 30k in early September cost between 80k-100k depending on the area.

Unfortunately more nigerians will be afflicted by hunger and malnutrition because the food prices will continue to spike.

It's a known fact in Nigeria that whatever goes up(price) does not come down😪.

I just pity those who couldn't have a meal a day prior to this inflation how will they cope.

In August food inflation rose to 20% due to the hike in local food items .

The minimum wage in Nigeria is 30k that means a civil servant can't afford to buy a bag of beans 😭😭 where did we get here.

It's important to know that other food items prices are going up sporadically.

Cause

The insecurity in the North is considered a factor as farmers are forced to flee farmers out of fear for the lives

As bandits, biko haram and other criminal elements wreck havoc without getting punished.

This is not a good birthday 🎁 for a country who just celebrated 61

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Comments

I can see how things are getting higher and higher every day, including garri and other food items

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3 years ago

Only God will safe the ordinary Nigerian

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3 years ago