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Abeg I Dy wait for replies if possible use graphics, practicals, example and illustration anyhow wey I fit use understand am.
you know, the way the market system works is that almost everything is inter connected and once the price of one thing increase, it wfdecr the price of other commodities.
The most easy way to explain this is to that most times it's always when the price of fuel goes up that we experience increase in the price of goods and you know that we buy these fuel from outside the country and what is used in such transaction is basically the Dollar and so when the price of dollar increases, the price of fuel will also increase and and then the cost of transportation will top up which will now affect the price of even those locally manufactured goods. What would have made it easy for us to come out of the whole dollar crisis would have been I we have started refining out petroleum product by ourselves. But as long as we continue to import goods that we can produce locally, then we will continue to have his dollar crisiss.
Another thing is that you don't expect the local farmers not to increase the price of garri in the market when the money they normally use to purchase rice have doubled because of importation fees.
The business world is interconnected so ones you see a major item like fuel increasing in it price, every other commodity will join it in doing same.