Post
Topic
Board Nigeria (Naija)
Re: What makes cost of living still high in Nigeria when dollars loose value.
by
Ever-young
on 26/04/2024, 09:17:43 UTC
I'm surprised when dollars loses value and the cost of things still remains high. now dollars have dropped a little but still yet the cost of goods in the market still Sky rocket, I don't understand the reason why dollar drop and cost things are still high, some time I wonder if Nigerians are using dollar purchase in the local market. what makes me worried soo much is our local food,the seller keep telling me dollar have increased, now dollar has been slash down a little the cost of living still remains the same.what is happening to my people.

For me, I will say dollar wasn't the cause why things are very costly, we are the ones that are increasing the price of things ourselves but blaming dollar, now that dollar has fall, who are going to put the blame on? The government or who? We are too greedy and selfish that is why we find it difficult to reduce the price of things even the price of transportation, to enable others to live a comfortable life but yet some of us enjoy seeing others to suffer and to continue begging especially the traders, who sell food stuffs, they know too well that we can't do without food, so they use the opportunity of rise of dollar to get what they want, so as dollar reduces, they don't want to reduce the price but forgetting nothing lasts forever, gain will come and go, money will also come and go, so let's help each other and be our brother's keeper.