Post
Topic
Board Nigeria (Naija)
Re: The cause of inflation
by
OGsmall
on 05/02/2024, 20:30:01 UTC
What I think is that this present government are like the old government that has nothing unique to offer. The government should come up with plans to make Nigeria to export more than import. There should be a solution to this. We have minerals and other things needed for the growth and development of our nation. Many countries can depend on our goods and services, but we are not producing enough, yet discouraging foreign investors in the country. Can you see how electricity is in Nigeria, our government is not different in doing. We are just not getting anything right.
To come to terms with you OP I think exporting additional should be the main source  of revenue for Nigeria's economy most of the initiatives and government organizations that do production in Nigeria now are presently not functioning
I think if we the Nigerians start this exporting I think this could be the end of this so-called inflation rate.
Honestly speaking Nigeria is one of the largely blessed countries you can think of, in Africa when it comes to mineral resources
For illustration, if we the Nigerians start sending abroad
100% of well-homemade rice I think little by little we should accumulate somewhere in no time