Post
Topic
Board Nigeria (Naija)
Re: Nigeria and the Current State of its Economy
by
Promocodeudo
on 24/02/2024, 14:36:53 UTC
the government could not help in any means to put a stop into this, instead, things keep getting worse and worse everyday, currently you can see the way things are very expensive in the market due to inflation because of exchange rate due to naira devaluation, currently as at today, you can exchange naira to dollar at $1 to be #1,700 and still increasing as we speak.
The reason why this government can't even help in this current situation is because they never had any agenda,  plans on what to do for the people. Their focus has always been how to grab power , they were never prepared to come help to solve the problem of the past government that is why the problem is becoming worse. I don't think this government will be able to do anything because this is the most corrupt government which you don't need to expect much from them.

I agree with you that the government of the day has know blueprint or plans on ground to salvage the current economic situation that has befallen Nigeria, though we here the president always that the suffering will not tarry, but when we take a look at the reality, nothing show, he sure Nigerian that by December 2023 that portharcourt refinery will be fictional so that he will concentrate on other refuneries so that the problem of petroleum sector which almost all the price of everything will be solved but up till this moment we have not seen anything.

 I think that we are doomed, we have sycophants as leaders, people that are not ready for leadership but rather every ready to loot the countries treasury, it is very shameful that we are in country that has enough domestic gas reserve but still buy the commodity very expensive, sometimes it is very heartbreaking to discuss Nigeria matter because of the mental stress that comes with it.