Many of us thinks the rise of inflation and the weakness of the naira currency is because of the new government we have in the country. Before now a state governor was complaining about how the past government was printing of money, and many people thought it was just propaganda which they took it very lightly. The hardships and the high inflation rate we are seeing today is as a result of printing money that has been taking place longtime ago.
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.
Printing of Naira wasn't necessary and even it was, they didn't pay back the central bank that money and it's the reason why we are here suffering today for the inappropriation, the Nigerian politicians are very wicked and lack human sympathy else why would you print money and then squandered the money meant for public use.
The senate Akpabio.was questioning the last senate president about how 26T naira was use and he said he doesn't have that record, it's a shame that the world is watching these men yet they lied on public offices as if people are not watching them. One of them stood up and said the senate was meant to Approve and not to investigate how funds were spent. This senators are heatless and it pains me that all of them are the same, it's only political party that differentiate them; APC, PDP, LP and NNPP are all the same people running from one party to another, Nigeria is far from been great again.