The cause of the inflation is nothing but as a result of printing money that is naira is losing value constantly everyday. The economy has never been bad like this, we are facing the consequences of wrong economy doings.
Over printing of money is a the main cause of our Naira devaluation. Since the year Nigerian government decide to start printing one thousand Naira note, many economists complained that it will keep affecting the Naira value, but the government are just after what they will earn while running the project without considering the consequences it will bring letter. Now they keep printing this money always not knowing that too much circulation of Naira will affect the country’s currency that is why the the government is now trying limit the currency circulation thinking it will help the economy.