We complain things are hard yet we ourselves make things difficult for us. Many Nigerian traders and businessmen are hoarding goods they bought at extremely cheap prices a few months back and are waiting till we get to November or even December to sell them at exorbitant prices because they know demand will be high during the festive period. What I like about it is, the high profits they are making, they will still spend them on other expensive commodities and services.
You are right but governments are the major cause or contributor to what we are experiencing today, what are they elected there for? Is it not to rule and to guide the people? There are agencies of government that are in place or meant to checkmate the activities of these traders, like traders who are intentionally taking advantage of this current economic situation by increasing price more than what it is supposed to be, forgetting that there is no escape route for any Nigerian doing this, so far you work, feed and stay in Nigeria, there are other ways you too would spend that money you think you are making from hiking of prices 2-3X and above.
We Nigerians over the years have developed tough skin to all these hardships. Everyone will survive it whether rich, average, or poor. It's not something new to us anymore. I will only advise that we avoid wasteful spending. We still have our Normal lives to live after festivity. Country hard sha.
Yes, but this situation is just like you are already into wasteful spending because the expense is on a steady increase and the income is no longer matching the weight of our expenditure at the end of the day, weeks, and months, take you, for instance, something you used to buy let's say #500 and with a salary of #50k per month and now due to the skyrocketing prices, you now have to buy the same product at #1500, 2x in price while your salary remains #50k, and this price increase is also experienced with other products you purchase, so this is what I think is the major case here.